Top Ships TOPS
NYSE TOPS
$0.73 -0.03 (-3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

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-over-year from $245.1 million in Q4 2024.

Analysis

Top Ships (TOPS) Non-Current Debt (2009 - 2025) Analysis & Trends

Top Ships has reported Non-Current Debt for 17 years, with the latest figure at $204.8 million in Q4 2025.

  • On a quarterly basis, Non-Current Debt fell 16.43% year-over-year to $204.8 million in Q4 2025; TTM through Dec 2025 was $204.8 million, a 16.43% decrease from a year earlier, with the FY2025 full-year figure at $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.
  • 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.
  • Average Non-Current Debt over 5 years is $205.9 million, with a median of $224.7 million recorded in 2022.
  • The sharpest annual moves came in 2021 and 2022: Non-Current Debt sank 44.34% in 2021, then surged 145.52% in 2022.
  • Over 5 years, Non-Current Debt stood at $90.2 million in 2021, then soared by 145.52% to $221.4 million in 2022, then increased by 3.03% to $228.1 million in 2023, then increased by 7.44% to $245.1 million in 2024, then declined 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 2.17 Bn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 1.03 Bn
3 Matson 6.74 Bn 6.62 Bn - 292.70 Mn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 645.62 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 653.86 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 516.10 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 833.53 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 839.20 Mn
10 Top Ships 1.31 Mn 1.31 Mn - 204.79 Mn
Historic Data

Historic Data

Download Data
DateValue
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 262.12 Mn
Jun 30, 2019 239.07 Mn
Dec 31, 2018 101.36 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