Top Ships (TOPS) Receivables (2009 - 2025)
Top Ships (TOPS) posted quarterly Receivables of $2.1 million for Q4 2025, up 92.54% year-on-year from $1.1 million in Q4 2024, and down 17.58% on a QoQ basis from $2.6 million in Q2 2025.
Top Ships (TOPS) Receivables (2009 - 2025) Analysis & Trends
Top Ships (TOPS) has reported Receivables for 16 consecutive years, with $2.1 million the latest figure, recorded in Q4 2025.
- Quarterly Receivables rose 92.54% year-over-year to $2.1 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.1 million (up 92.54% YoY) and the FY2025 annual result came in at $2.1 million, up 92.54% from the prior year.
- Receivables fell to $2.1 million in Q4 2025 per TOPS's latest filing, from $2.6 million in the prior quarter.
- Over the last five years, Receivables for TOPS reached as high as $2.6 million in Q2 2025 and fell as low as -$4.5 million in Q2 2021.
- A 5-year average of $476600.0 and a median of $645500.0 in 2023 frame the typical range for Receivables.
- Annual changes were most pronounced in 2021 — Receivables plunged 981.94% — and 2023, when it soared 8262.5%.
- Year by year, Receivables stood at $108000.0 in 2021, then slumped by 92.59% to $8000.0 in 2022, then surged by 8262.5% to $669000.0 in 2023, then surged by 66.37% to $1.1 million in 2024, then surged by 92.54% to $2.1 million in 2025.
- According to Business Quant data, Receivables over the past three periods registered $2.1 million, $2.6 million, and $1.1 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 85.29 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 1.56 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.69 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 8.34 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 2.16 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 15.73 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 1.69 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 3.67 Bn |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | 2.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 2.14 Mn |
| Jun 30, 2025 | 2.60 Mn |
| Dec 31, 2024 | 1.11 Mn |
| Jun 30, 2024 | 1.75 Mn |
| Dec 31, 2023 | 669,000.00 |
| Jun 30, 2023 | 622,000.00 |
| Dec 31, 2022 | 8,000.00 |
| Jun 30, 2022 | 293,000.00 |
| Dec 31, 2021 | 108,000.00 |
| Jun 30, 2021 | -4.54 Mn |
| Dec 31, 2020 | 29,000.00 |
| Jun 30, 2020 | 515,000.00 |
| Dec 31, 2019 | 642,000.00 |
| Jun 30, 2019 | 1.06 Mn |
| Dec 31, 2018 | 890,000.00 |
| Jun 30, 2018 | 638,000.00 |
| Dec 31, 2017 | 773,000.00 |
| Jun 30, 2017 | 2.47 Mn |
| Dec 31, 2016 | 135,000.00 |
| Jun 30, 2016 | 455,000.00 |