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

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

Top Ships has disclosed Non-Current Debt across 17 years of filings, most recently posting $204.8 million for Q4 2025.

  • Non-Current Debt for Q4 2025 came in at $204.8 million, down 16.43% year-over-year; the trailing twelve-month figure through Dec 2025 was $204.8 million (down 16.43% YoY), and the FY2025 annual result was $204.8 million, down 16.43% from the prior year.
  • Non-Current Debt came in at $204.8 million for Q4 2025 at Top Ships, down 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.
  • Median Non-Current Debt over the past 5 years was $224.7 million (2022), compared with a mean of $205.9 million.
  • Year-over-year, Non-Current Debt sank 44.34% in 2021 and surged 145.52% in 2022.
  • Over 5 years, Non-Current Debt 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.
  • Per Business Quant, the three latest TOPS Non-Current Debt figures stand at $204.8 million (Q4 2025), $249.8 million (Q2 2025), and $245.1 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 75.11 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.87 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 31.20 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 69.32 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 18.43 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 24.38 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 30.76 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 12.61 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 36.46 Bn
10 Top Ships 35,420.00 35,420.00 - 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