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
DateValue
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