Top Ships (TOPS) Operating Leases (2019 - 2024)
Top Ships (TOPS) posted quarterly Operating Leases of $3.2 million for Q2 2024, down 70.7% year-over-year from $10.8 million in Q3 2023, and down 50.01% quarter-over-quarter from $6.4 million in Q4 2023.
Top Ships (TOPS) Operating Leases (2019 - 2024) Analysis & Trends
Top Ships' Operating Leases history runs 6 years deep, the most recent figure standing at $3.2 million for Q2 2024.
- In Q2 2024, Operating Leases fell 70.7% year-over-year to $3.2 million; the TTM figure through Jun 2024 stood at $3.2 million (down 70.7% YoY), while the FY2023 annual figure was $6.4 million, down 58.55% from the prior year.
- Operating Leases for Q2 2024 stood at $3.2 million, down from $6.4 million in the prior quarter.
- The five-year high for Operating Leases was $33.8 million in Q4 2020, with the low at $3.2 million in Q2 2024.
- The 5-year median for Operating Leases is $17.5 million (2022), against an average of $17.7 million.
- The sharpest annual moves came in 2021 and 2024: Operating Leases retreated 29.16% in 2021, then slumped 70.7% in 2024.
- Top Ships' Operating Leases stood at $33.8 million in 2020, then declined by 29.16% to $23.9 million in 2021, then sank by 35.95% to $15.3 million in 2022, then sank by 58.55% to $6.4 million in 2023, then slumped by 50.01% to $3.2 million in 2024.
- Business Quant data shows TOPS's Operating Leases at $3.2 million in Q2 2024, $6.4 million in Q4 2023, and $10.8 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn |
| 10 | Top Ships | 4.05 Mn | 4.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 3.18 Mn |
| Dec 31, 2023 | 6.36 Mn |
| Jun 30, 2023 | 10.85 Mn |
| Dec 31, 2022 | 15.34 Mn |
| Jun 30, 2022 | 19.64 Mn |
| Dec 31, 2021 | 23.95 Mn |
| Jun 30, 2021 | 28.86 Mn |
| Dec 31, 2020 | 33.81 Mn |
| Jun 30, 2019 | 9.28 Mn |