Top Ships (TOPS) Total Non-Current Liabilities (2009 - 2025)
Top Ships (TOPS) posted quarterly Total Non-Current Liabilities of $204.9 million for Q4 2025, down 16.44% year-on-year from $245.2 million in Q4 2024, and down 18.0% on a QoQ basis from $249.8 million in Q2 2025.
Top Ships (TOPS) Total Non-Current Liabilities (2009 - 2025) Analysis & Trends
Top Ships (TOPS) has reported Total Non-Current Liabilities for 17 consecutive years, with $204.9 million the latest figure, recorded in Q4 2025.
- Quarterly Total Non-Current Liabilities fell 16.44% year-over-year to $204.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $204.9 million (down 16.44% YoY) and the FY2025 annual result came in at $204.9 million, down 16.44% from the prior year.
- Total Non-Current Liabilities slipped to $204.9 million in Q4 2025 per TOPS's latest filing, from $249.8 million in the prior quarter.
- Over the last five years, Total Non-Current Liabilities for TOPS reached as high as $255.6 million in Q2 2024 and fell as low as $114.3 million in Q4 2021.
- A 5-year average of $217.2 million and a median of $237.3 million in 2022 frame the typical range for Total Non-Current Liabilities.
- Annual changes were most pronounced in 2021 — Total Non-Current Liabilities sank 33.21% — and 2022, when it jumped 109.98%.
- Year by year, Total Non-Current Liabilities stood at $114.3 million in 2021, then soared by 109.98% to $240.1 million in 2022, then declined by 2.35% to $234.4 million in 2023, then grew by 4.57% to $245.2 million in 2024, then declined by 16.44% to $204.9 million in 2025.
- According to Business Quant data, Total Non-Current Liabilities over the past three periods registered $204.9 million, $249.8 million, and $245.2 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 406.22 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 1.71 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 35.54 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 107.43 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 79.53 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 16.05 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 145.51 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 26.69 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 61.06 Bn |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | 204.87 Mn |
Historic Data
Download 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 |