Top Ships (TOPS) Non-Current Debt (2009 - 2025)
Top Ships (TOPS) posted quarterly Non-Current Debt of $204.8 million for Q4 2025, down 16.43% year-over-year from $245.1 million in Q4 2024, and down 18.03% quarter-over-quarter from $249.8 million in Q2 2025.
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 for Q4 2025 stood at $204.8 million, down from $249.8 million in the prior quarter.
- The five-year high for Non-Current Debt was $252.2 million in Q2 2024, with the low at $90.2 million in Q4 2021.
- The 5-year median for Non-Current Debt is $224.7 million (2022), against an average of $205.9 million.
- The sharpest annual moves came in 2021 and 2022: Non-Current Debt sank 44.34% in 2021, then soared 145.52% in 2022.
- Top Ships' Non-Current Debt stood at $90.2 million in 2021, then jumped by 145.52% to $221.4 million in 2022, then climbed by 3.03% to $228.1 million in 2023, then climbed by 7.44% to $245.1 million in 2024, then slipped by 16.43% to $204.8 million in 2025.
- Business Quant data shows TOPS's Non-Current Debt at $204.8 million in Q4 2025, $249.8 million in Q2 2025, and $245.1 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 29.81 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 75.08 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 31.21 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 68.41 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 32.61 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 24.39 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 31.50 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 19.02 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 22.63 Bn |
| 10 | Top Ships | 4.05 Mn | 4.05 Mn | - | 204.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 204.79 Mn |
| Jun 30, 2025 | 249.82 Mn |
| Dec 31, 2024 | 245.06 Mn |
| Jun 30, 2024 | 252.21 Mn |
| Dec 31, 2023 | 228.08 Mn |
| Jun 30, 2023 | 192.31 Mn |
| Dec 31, 2022 | 221.37 Mn |
| Jun 30, 2022 | 229.51 Mn |
| Dec 31, 2021 | 90.16 Mn |
| Jun 30, 2021 | 145.71 Mn |
| Dec 31, 2020 | 104.62 Mn |
| Jun 30, 2020 | 261.81 Mn |
| Dec 31, 2019 | 279.03 Mn |
| Jun 30, 2019 | 273.92 Mn |
| Dec 31, 2018 | 111.57 Mn |
| Jun 30, 2018 | 79.61 Mn |
| Dec 31, 2017 | 84.26 Mn |
| Jun 30, 2017 | 89.32 Mn |
| Dec 31, 2016 | 72.46 Mn |
| Jun 30, 2016 | 58.37 Mn |