Top Ships (TOPS) Total Non-Current Liabilities (2009 - 2025)
Top Ships (TOPS) posted Total Non-Current Liabilities of $204.9 million for Q4 2025, down 18.0% on a QoQ basis from $249.8 million in Q2 2025, and down 16.44% year-over-year from $245.2 million in Q4 2024.
Analysis
Top Ships (TOPS) Total Non-Current Liabilities (2009 - 2025) Analysis & Trends
Top Ships has reported Total Non-Current Liabilities for 17 years, with the latest figure at $204.9 million in Q4 2025.
- On a quarterly basis, Total Non-Current Liabilities fell 16.44% year-over-year to $204.9 million in Q4 2025; TTM through Dec 2025 was $204.9 million, a 16.44% decrease from a year earlier, with the FY2025 full-year figure at $204.9 million, down 16.44% from the prior year.
- Total Non-Current Liabilities was $204.9 million for Q4 2025 at Top Ships, down from $249.8 million in the prior quarter.
- The five-year high for Total Non-Current Liabilities was $255.6 million in Q2 2024, with the low at $114.3 million in Q4 2021.
- Average Total Non-Current Liabilities over 5 years is $217.2 million, with a median of $237.3 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2022: Total Non-Current Liabilities sank 33.21% in 2021, then jumped 109.98% in 2022.
- Over 5 years, Total Non-Current Liabilities stood at $114.3 million in 2021, then surged by 109.98% to $240.1 million in 2022, then dropped by 2.35% to $234.4 million in 2023, then climbed by 4.57% to $245.2 million in 2024, then dropped by 16.44% to $204.9 million in 2025.
- The last three Total Non-Current Liabilities figures came in at $204.9 million (Q4 2025), $249.8 million (Q2 2025), and $245.2 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 2.17 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 2.04 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 1.34 Bn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 744.00 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 653.86 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 665.87 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 1.34 Bn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 900.20 Mn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - | 204.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 204.87 Mn |
| Jun 30, 2025 | 249.84 Mn |
| Dec 31, 2024 | 245.16 Mn |
| Jun 30, 2024 | 255.63 Mn |
| Dec 31, 2023 | 234.44 Mn |
| Jun 30, 2023 | 203.21 Mn |
| Dec 31, 2022 | 240.08 Mn |
| Jun 30, 2022 | 249.33 Mn |
| Dec 31, 2021 | 114.34 Mn |
| Jun 30, 2021 | 174.85 Mn |
| Dec 31, 2020 | 133.40 Mn |
| Jun 30, 2020 | 261.81 Mn |
| Dec 31, 2019 | 263.72 Mn |
| Jun 30, 2019 | 249.61 Mn |
| Dec 31, 2018 | 117.39 Mn |
| Jun 30, 2018 | 85.02 Mn |
| Dec 31, 2017 | 87.59 Mn |
| Jun 30, 2017 | 93.80 Mn |
| Dec 31, 2016 | 76.02 Mn |
| Jun 30, 2016 | 60.37 Mn |