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
DateValue
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