Top Ships (TOPS) Payables (2009 - 2025)
Top Ships (TOPS) posted quarterly Payables of $3.3 million for Q4 2025, up 83.53% year-on-year from $1.8 million in Q4 2024, and down 32.11% on a QoQ basis from $4.9 million in Q2 2025.
Top Ships (TOPS) Payables (2009 - 2025) Analysis & Trends
Top Ships (TOPS) has reported Payables for 17 consecutive years, with $3.3 million the latest figure, recorded in Q4 2025.
- Quarterly Payables rose 83.53% year-over-year to $3.3 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.3 million (up 83.53% YoY) and the FY2025 annual result came in at $3.3 million, up 83.53% from the prior year.
- Payables declined to $3.3 million in Q4 2025 per TOPS's latest filing, from $4.9 million in the prior quarter.
- Over the last five years, Payables for TOPS reached as high as $55.5 million in Q4 2021 and fell as low as $1.3 million in Q2 2024.
- A 5-year average of $9.6 million and a median of $2.1 million in 2022 frame the typical range for Payables.
- Annual changes were most pronounced in 2021 — Payables soared 2026.82% — and 2022, when it sank 96.48%.
- Year by year, Payables stood at $55.5 million in 2021, then plunged by 96.48% to $2.0 million in 2022, then tumbled by 30.57% to $1.4 million in 2023, then soared by 34.29% to $1.8 million in 2024, then jumped by 83.53% to $3.3 million in 2025.
- According to Business Quant data, Payables over the past three periods registered $3.3 million, $4.9 million, and $1.8 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 33.93 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.50 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.57 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.09 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.29 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 1.51 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 53.00 Mn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 1.99 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 5.22 Bn |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | 3.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 3.34 Mn |
| Jun 30, 2025 | 4.92 Mn |
| Dec 31, 2024 | 1.82 Mn |
| Jun 30, 2024 | 1.35 Mn |
| Dec 31, 2023 | 1.36 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Dec 31, 2022 | 1.95 Mn |
| Jun 30, 2022 | 2.34 Mn |
| Dec 31, 2021 | 55.51 Mn |
| Jun 30, 2021 | 21.85 Mn |
| Dec 31, 2020 | 2.61 Mn |
| Jun 30, 2020 | 3.32 Mn |
| Dec 31, 2019 | 4.57 Mn |
| Jun 30, 2019 | 6.19 Mn |
| Dec 31, 2018 | 6.01 Mn |
| Jun 30, 2018 | 19.72 Mn |
| Dec 31, 2017 | 11.68 Mn |
| Jun 30, 2017 | 5.86 Mn |
| Dec 31, 2016 | 1.90 Mn |
| Jun 30, 2016 | 2.54 Mn |