Top Ships (TOPS) Total Debt (2009 - 2025)

Top Ships (TOPS) posted Total Debt of $216.6 million for Q4 2025, down 18.53% on a QoQ basis from $265.9 million in Q2 2025, and down 16.45% year-on-year from $259.3 million in Q4 2024.

Top Ships (TOPS) Total Debt (2009 - 2025) Analysis & Trends

Top Ships has disclosed Total Debt across 17 years of filings, most recently posting $216.6 million for Q4 2025.

  • Total Debt for Q4 2025 came in at $216.6 million, down 16.45% year-over-year; the trailing twelve-month figure through Dec 2025 was $216.6 million (down 16.45% YoY), and the FY2025 annual result was $216.6 million, down 16.45% from the prior year.
  • Total Debt came in at $216.6 million for Q4 2025 at Top Ships, down from $265.9 million in the prior quarter.
  • Over the last five years, Total Debt for TOPS reached as high as $266.2 million in Q2 2024 and fell as low as $119.9 million in Q4 2021.
  • Median Total Debt over the past 5 years was $237.1 million (2022), compared with a mean of $223.0 million.
  • Year-over-year, Total Debt plunged 44.1% in 2021 and surged 94.89% in 2022.
  • Over 5 years, Total Debt stood at $119.9 million in 2021, then soared by 94.89% to $233.7 million in 2022, then increased by 2.9% to $240.5 million in 2023, then climbed by 7.8% to $259.3 million in 2024, then declined by 16.45% to $216.6 million in 2025.
  • Per Business Quant, the three latest TOPS Total Debt figures stand at $216.6 million (Q4 2025), $265.9 million (Q2 2025), and $259.3 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 78.78 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 32.06 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 33.91 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 69.34 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 19.13 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 25.63 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 32.01 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 14.22 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 36.58 Bn
10 Top Ships 35,420.00 35,420.00 - 216.61 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 216.61 Mn
Jun 30, 2025 265.89 Mn
Dec 31, 2024 259.26 Mn
Jun 30, 2024 266.21 Mn
Dec 31, 2023 240.50 Mn
Jun 30, 2023 227.18 Mn
Dec 31, 2022 233.71 Mn
Jun 30, 2022 244.46 Mn
Dec 31, 2021 119.92 Mn
Jun 30, 2021 155.77 Mn
Dec 31, 2020 100.45 Mn
Jun 30, 2020 278.65 Mn
Dec 31, 2019 279.03 Mn
Jun 30, 2019 266.24 Mn
Dec 31, 2018 105.58 Mn
Jun 30, 2018 59.48 Mn
Dec 31, 2017 84.38 Mn
Jun 30, 2017 98.97 Mn
Dec 31, 2016 80.45 Mn
Jun 30, 2016 48.21 Mn