Top Ships (TOPS) Non-Current Debt (2009 - 2025)
Top Ships (TOPS) posted Non-Current Debt of $204.8 million for Q4 2025, down 18.03% on a QoQ basis from $249.8 million in Q2 2025, and down 16.43% year-on-year from $245.1 million in Q4 2024.
Top Ships (TOPS) Non-Current Debt (2009 - 2025) Analysis & Trends
Top Ships has disclosed Non-Current Debt across 17 years of filings, most recently posting $204.8 million for Q4 2025.
- Non-Current Debt for Q4 2025 came in at $204.8 million, down 16.43% year-over-year; the trailing twelve-month figure through Dec 2025 was $204.8 million (down 16.43% YoY), and the FY2025 annual result was $204.8 million, down 16.43% from the prior year.
- Non-Current Debt came in at $204.8 million for Q4 2025 at Top Ships, down from $249.8 million in the prior quarter.
- Over the last five years, Non-Current Debt for TOPS reached as high as $252.2 million in Q2 2024 and fell as low as $90.2 million in Q4 2021.
- Median Non-Current Debt over the past 5 years was $224.7 million (2022), compared with a mean of $205.9 million.
- Year-over-year, Non-Current Debt sank 44.34% in 2021 and surged 145.52% in 2022.
- Over 5 years, Non-Current Debt stood at $90.2 million in 2021, then surged by 145.52% to $221.4 million in 2022, then grew by 3.03% to $228.1 million in 2023, then grew by 7.44% to $245.1 million in 2024, then dropped by 16.43% to $204.8 million in 2025.
- Per Business Quant, the three latest TOPS Non-Current Debt figures stand at $204.8 million (Q4 2025), $249.8 million (Q2 2025), and $245.1 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 75.11 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.87 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 31.20 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 69.32 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 18.43 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 24.38 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 30.76 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 12.61 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 36.46 Bn |
| 10 | Top Ships | 35,420.00 | 35,420.00 | - | 204.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 204.79 Mn |
| Dec 31, 2025 | 204.79 Mn |
| Jun 30, 2025 | 249.82 Mn |
| Jun 30, 2025 | 249.82 Mn |
| Dec 31, 2024 | 245.06 Mn |
| Dec 31, 2024 | 245.06 Mn |
| Jun 30, 2024 | 252.21 Mn |
| Jun 30, 2024 | 252.21 Mn |
| Dec 31, 2023 | 228.08 Mn |
| Dec 31, 2023 | 228.08 Mn |
| Jun 30, 2023 | 192.31 Mn |
| Jun 30, 2023 | 192.31 Mn |
| Dec 31, 2022 | 221.37 Mn |
| Dec 31, 2022 | 221.37 Mn |
| Jun 30, 2022 | 229.51 Mn |
| Jun 30, 2022 | 229.51 Mn |
| Dec 31, 2021 | 90.16 Mn |
| Dec 31, 2021 | 90.16 Mn |
| Jun 30, 2021 | 145.71 Mn |
| Jun 30, 2021 | 145.71 Mn |