Top Ships (TOPS) Total Liabilities (2009 - 2025)
Top Ships (TOPS) posted quarterly Total Liabilities of $244.4 million for Q4 2025, down 12.19% year-on-year from $278.4 million in Q4 2024, and down 18.22% on a QoQ basis from $298.9 million in Q2 2025.
Top Ships (TOPS) Total Liabilities (2009 - 2025) Analysis & Trends
Top Ships (TOPS) has reported Total Liabilities for 17 consecutive years, with $244.4 million the latest figure, recorded in Q4 2025.
- Quarterly Total Liabilities fell 12.19% year-over-year to $244.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $244.4 million (down 12.19% YoY) and the FY2025 annual result came in at $244.4 million, down 12.19% from the prior year.
- Total Liabilities declined to $244.4 million in Q4 2025 per TOPS's latest filing, from $298.9 million in the prior quarter.
- Over the last five years, Total Liabilities for TOPS reached as high as $298.9 million in Q2 2025 and fell as low as $221.4 million in Q4 2021.
- A 5-year average of $265.3 million and a median of $274.1 million in 2022 frame the typical range for Total Liabilities.
- The largest YoY upside for Total Liabilities was 39.42% in 2021 against a maximum downside of 21.53% in 2021.
- Year by year, Total Liabilities stood at $221.4 million in 2021, then advanced by 22.98% to $272.3 million in 2022, then grew by 1.28% to $275.8 million in 2023, then gained by 0.92% to $278.4 million in 2024, then dropped by 12.19% to $244.4 million in 2025.
- According to Business Quant data, Total Liabilities over the past three periods registered $244.4 million, $298.9 million, and $278.4 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 552.31 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 1.89 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 41.18 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 116.46 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 80.56 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 58.69 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 147.48 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 27.11 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 68.20 Bn |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | 244.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 244.42 Mn |
| Jun 30, 2025 | 298.86 Mn |
| Dec 31, 2024 | 278.35 Mn |
| Jun 30, 2024 | 288.88 Mn |
| Dec 31, 2023 | 275.81 Mn |
| Jun 30, 2023 | 260.61 Mn |
| Dec 31, 2022 | 272.31 Mn |
| Jun 30, 2022 | 284.27 Mn |
| Dec 31, 2021 | 221.42 Mn |
| Jun 30, 2021 | 227.91 Mn |
| Dec 31, 2020 | 158.81 Mn |
| Jun 30, 2020 | 290.45 Mn |
| Dec 31, 2019 | 339.13 Mn |
| Jun 30, 2019 | 296.95 Mn |
| Dec 31, 2018 | 154.21 Mn |
| Jun 30, 2018 | 120.62 Mn |
| Dec 31, 2017 | 113.17 Mn |
| Jun 30, 2017 | 113.36 Mn |
| Dec 31, 2016 | 96.06 Mn |
| Jun 30, 2016 | 83.08 Mn |