Top Ships TOPS
NYSE TOPS
$0.73 -0.03 (-3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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