Top Ships (TOPS) Non-Current Debt (2009 - 2025)
Top Ships (TOPS) recorded quarterly Non-Current Debt of $204.8 million in Q4 2025, down 18.03% quarter-over-quarter from $249.8 million in Q2 2025, and down 16.43% on a YoY basis from $245.1 million in Q4 2024.
Top Ships (TOPS) Non-Current Debt (2009 - 2025) Analysis & Trends
Top Ships' Non-Current Debt history runs 17 years deep, the most recent figure standing at $204.8 million for Q4 2025.
- In Q4 2025, Non-Current Debt fell 16.43% year-over-year to $204.8 million; the TTM figure through Dec 2025 stood at $204.8 million (down 16.43% YoY), while the FY2025 annual figure was $204.8 million, down 16.43% from the prior year.
- Non-Current Debt was $204.8 million for Q4 2025 at Top Ships, down from $249.8 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $252.2 million in Q2 2024 to a low of $90.2 million in Q4 2021.
- Historically, Non-Current Debt has averaged $205.9 million across 5 years, with a median of $224.7 million in 2022.
- The sharpest annual moves came in 2021 and 2022: Non-Current Debt slumped 44.34% in 2021, then jumped 145.52% in 2022.
- A 5-year view of Non-Current Debt shows it 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.
- The last three Non-Current Debt figures came in at $204.8 million (Q4 2025), $249.8 million (Q2 2025), and $245.1 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 75.11 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 31.20 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 29.87 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 69.32 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 559.94 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 24.38 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 18.43 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 30.76 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 32.45 Bn |
| 10 | Top Ships | 4.27 Mn | -16.11 Mn | - | 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 |