Top Ships (TOPS) Short term Debt (2009 - 2025)
Top Ships (TOPS) posted Short term Debt of $11.8 million for Q4 2025, down 26.43% on a QoQ basis from $16.1 million in Q2 2025, and down 16.74% year-over-year from $14.2 million in Q4 2024.
Analysis
Top Ships (TOPS) Short term Debt (2009 - 2025) Analysis & Trends
Top Ships has reported Short term Debt for 16 years, with the latest figure at $11.8 million in Q4 2025.
- On a quarterly basis, Short term Debt fell 16.74% year-over-year to $11.8 million in Q4 2025; TTM through Dec 2025 was $11.8 million, a 16.74% decrease from a year earlier, with the FY2025 full-year figure at $11.8 million, down 16.74% from the prior year.
- Short term Debt was $11.8 million for Q4 2025 at Top Ships, down from $16.1 million in the prior quarter.
- The five-year high for Short term Debt was $34.9 million in Q2 2023, with the low at $7.2 million in Q4 2021.
- Average Short term Debt over 5 years is $14.8 million, with a median of $13.2 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Short term Debt soared 133.29% in 2023, then slumped 59.88% in 2024.
- Over 5 years, Short term Debt stood at $7.2 million in 2021, then soared by 71.33% to $12.3 million in 2022, then increased by 0.6% to $12.4 million in 2023, then rose by 14.37% to $14.2 million in 2024, then declined by 16.74% to $11.8 million in 2025.
- The last three Short term Debt figures came in at $11.8 million (Q4 2025), $16.1 million (Q2 2025), and $14.2 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 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 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 11.82 Mn |
| Jun 30, 2025 | 16.07 Mn |
| Dec 31, 2024 | 14.20 Mn |
| Jun 30, 2024 | 13.99 Mn |
| Dec 31, 2023 | 12.42 Mn |
| Jun 30, 2023 | 34.87 Mn |
| Dec 31, 2022 | 12.34 Mn |
| Jun 30, 2022 | 14.95 Mn |
| Dec 31, 2021 | 7.21 Mn |
| Jun 30, 2021 | 10.06 Mn |
| Dec 31, 2020 | 5.32 Mn |
| Jun 30, 2020 | 16.84 Mn |
| Dec 31, 2019 | 16.91 Mn |
| Jun 30, 2019 | 27.17 Mn |
| Dec 31, 2018 | 10.21 Mn |
| Jun 30, 2018 | 9.13 Mn |
| Dec 31, 2017 | 9.51 Mn |
| Jun 30, 2017 | 9.65 Mn |
| Dec 31, 2016 | 8.00 Mn |
| Jun 30, 2016 | 5.81 Mn |