Top Ships (TOPS) Operating Leases (2019 - 2024)

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 was $3.2 million for Q2 2024 at Top Ships, down from $6.4 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $33.8 million in Q4 2020 to a low of $3.2 million in Q2 2024.
• Historically, Operating Leases has averaged $17.7 million across 5 years, with a median of $17.5 million in 2022.
• The sharpest annual moves came in 2021 and 2024: Operating Leases decreased 29.16% in 2021, then tumbled 70.7% in 2024.
• A 5-year view of Operating Leases shows it stood at $33.8 million in 2020, then fell by 29.16% to $23.9 million in 2021, then slumped by 35.95% to $15.3 million in 2022, then slumped by 58.55% to $6.4 million in 2023, then tumbled by 50.01% to $3.2 million in 2024.
• The last three Operating Leases figures came in at $3.2 million (Q2 2024), $6.4 million (Q4 2023), and $10.8 million (Q2 2023), per Business Quant data.