Top Ships (TOPS) Total Debt (2009 - 2025)
Top Ships (TOPS) posted quarterly Total Debt of $216.6 million for Q4 2025, down 16.45% year-over-year from $259.3 million in Q4 2024, and down 18.53% quarter-over-quarter from $265.9 million in Q2 2025.
Top Ships (TOPS) Total Debt (2009 - 2025) Analysis & Trends
Top Ships' Total Debt history runs 17 years deep, the most recent figure standing at $216.6 million for Q4 2025.
- In Q4 2025, Total Debt fell 16.45% year-over-year to $216.6 million; the TTM figure through Dec 2025 stood at $216.6 million (down 16.45% YoY), while the FY2025 annual figure was $216.6 million, down 16.45% from the prior year.
- Total Debt for Q4 2025 stood at $216.6 million, down from $265.9 million in the prior quarter.
- The five-year high for Total Debt was $266.2 million in Q2 2024, with the low at $119.9 million in Q4 2021.
- The 5-year median for Total Debt is $237.1 million (2022), against an average of $223.0 million.
- The sharpest annual moves came in 2021 and 2022: Total Debt plunged 44.1% in 2021, then soared 94.89% in 2022.
- Top Ships' Total Debt stood at $119.9 million in 2021, then surged by 94.89% to $233.7 million in 2022, then grew by 2.9% to $240.5 million in 2023, then advanced by 7.8% to $259.3 million in 2024, then dropped by 16.45% to $216.6 million in 2025.
- Business Quant data shows TOPS's Total Debt at $216.6 million in Q4 2025, $265.9 million in Q2 2025, and $259.3 million in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 32.25 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 79.93 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 33.23 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 68.42 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 35.14 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 25.64 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 33.00 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 19.58 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 24.04 Bn |
| 10 | Top Ships | 4.05 Mn | 4.05 Mn | - | 216.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 105.77 Mn |
| Jun 30, 2020 | 278.65 Mn |
| Dec 31, 2019 | 295.94 Mn |
| Jun 30, 2019 | 301.09 Mn |
| Dec 31, 2018 | 121.78 Mn |
| Jun 30, 2018 | 88.73 Mn |
| Dec 31, 2017 | 93.77 Mn |
| Jun 30, 2017 | 98.97 Mn |
| Dec 31, 2016 | 80.45 Mn |
| Jun 30, 2016 | 64.18 Mn |