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

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 was $216.6 million for Q4 2025 at Top Ships, down from $265.9 million in the prior quarter.
• In the past five years, Total Debt ranged from a high of $266.2 million in Q2 2024 to a low of $119.9 million in Q4 2021.
• Historically, Total Debt has averaged $223.0 million across 5 years, with a median of $237.1 million in 2022.
• The sharpest annual moves came in 2021 and 2022: Total Debt sank 44.1% in 2021, then jumped 94.89% in 2022.
• A 5-year view of Total Debt shows it 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.
• The last three Total Debt figures came in at $216.6 million (Q4 2025), $265.9 million (Q2 2025), and $259.3 million (Q4 2024), per Business Quant data.