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
DateValue
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