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
DateValue
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