Top Ships (TOPS) Non-Current Debt (2009 - 2025)

Top Ships (TOPS) has reported Non-Current Debt for 17 consecutive years, with $204.8 million the latest figure, recorded in Q4 2025.

• Quarterly Non-Current Debt fell 16.43% year-over-year to $204.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $204.8 million (down 16.43% YoY) and the FY2025 annual result came in at $204.8 million, down 16.43% from the prior year.
• Non-Current Debt retreated to $204.8 million in Q4 2025 per TOPS's latest filing, 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.
• A 5-year average of $205.9 million and a median of $224.7 million in 2022 frame the typical range for Non-Current Debt.
• Annual changes were most pronounced in 2021 — Non-Current Debt sank 44.34% — and 2022, when it surged 145.52%.
• Year by year, Non-Current Debt stood at $90.2 million in 2021, then jumped by 145.52% to $221.4 million in 2022, then rose by 3.03% to $228.1 million in 2023, then rose by 7.44% to $245.1 million in 2024, then fell by 16.43% to $204.8 million in 2025.
• According to Business Quant data, Non-Current Debt over the past three periods registered $204.8 million, $249.8 million, and $245.1 million for Q4 2025, Q2 2025, and Q4 2024 respectively.