Top Ships (TOPS) Payables (2009 - 2025)
Top Ships (TOPS) posted Payables of $3.5 million for Q4 2025, down 35.1% on a QoQ basis from $5.4 million in Q2 2025, and up 16.42% year-over-year from $3.0 million in Q4 2024.
Analysis
Top Ships (TOPS) Payables (2009 - 2025) Analysis & Trends
Top Ships has reported Payables for 17 years, with the latest figure at $3.5 million in Q4 2025.
- On a quarterly basis, Payables rose 16.42% year-over-year to $3.5 million in Q4 2025; TTM through Dec 2025 was $3.5 million, a 16.42% increase from a year earlier, with the FY2025 full-year figure at $3.5 million, up 16.42% from the prior year.
- Payables was $3.5 million for Q4 2025 at Top Ships, down from $5.4 million in the prior quarter.
- The five-year high for Payables was $32.1 million in Q4 2021, with the low at $1.3 million in Q2 2024.
- Average Payables over 5 years is $6.8 million, with a median of $3.8 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2022: Payables soared 316.24% in 2021, then slumped 93.17% in 2022.
- Over 5 years, Payables stood at $32.1 million in 2021, then plunged by 93.17% to $2.2 million in 2022, then soared by 174.16% to $6.0 million in 2023, then tumbled by 50.2% to $3.0 million in 2024, then climbed by 16.42% to $3.5 million in 2025.
- The last three Payables figures came in at $3.5 million (Q4 2025), $5.4 million (Q2 2025), and $3.0 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 255.70 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 337.60 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 641.55 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 38.90 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 61.49 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 81.80 Mn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - | 3.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.48 Mn |
| Jun 30, 2025 | 5.36 Mn |
| Dec 31, 2024 | 2.99 Mn |
| Jun 30, 2024 | 1.35 Mn |
| Dec 31, 2023 | 6.00 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Dec 31, 2022 | 2.19 Mn |
| Jun 30, 2022 | 4.13 Mn |
| Dec 31, 2021 | 32.06 Mn |
| Jun 30, 2021 | 8.72 Mn |
| Dec 31, 2020 | 7.70 Mn |
| Jun 30, 2020 | 8.62 Mn |
| Dec 31, 2019 | 22.67 Mn |
| Jun 30, 2019 | 6.60 Mn |
| Dec 31, 2018 | 8.32 Mn |
| Jun 30, 2018 | 7.27 Mn |
| Dec 31, 2017 | 2.92 Mn |
| Jun 30, 2017 | 2.70 Mn |
| Dec 31, 2016 | 3.01 Mn |
| Jun 30, 2016 | 9.59 Mn |