Top Ships Inc. | Micro-cap | Energy
$5.48
-10.02%
| Top Ships Stock Comparison:
Top Ships vs EnbridgeTop Ships vs Williams CompaniesTop Ships vs Brooge EnergyTop Ships vs Imperial PetroleumTop Ships vs Pyxis TankersTop Ships vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 86.1M
Gross Profit 37.7M 43.74%
Operating Income 27.9M 32.40%
Net Income 5.0M 5.84%
EPS (Diluted) $1.09

Balance Sheet Metrics

Total Assets 422.8M
Total Liabilities 278.4M
Shareholders Equity 144.4M
Debt to Equity 1.93

Cash Flow Metrics

Operating Cash Flow 19.5M
Free Cash Flow 17.3M

Revenue & Profitability Trend

Top Ships Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 86.1M 82.9M 80.7M 56.4M 60.2M
Cost of Goods Sold 48.5M 45.3M 44.4M 35.9M 37.3M
Gross Profit 37.7M 37.6M 36.3M 20.5M 22.9M
Operating Expenses 9.8M 8.9M 3.7M 4.5M 12.4M
Operating Income 27.9M 28.7M 32.5M 16.0M 10.6M
Pre-tax Income 5.0M 6.1M 18.9M 8.6M -22.8M
Income Tax - - - - -
Net Income 5.0M 6.1M 18.9M 8.6M -22.8M
EPS (Diluted) $1.09 -$12.44 -$36.36 $32.51 -$293.76

Income Statement Trend

Top Ships Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 23.4M 38.7M 22.9M 75.3M 45.1M
Non-Current Assets 399.3M 420.5M 446.4M 255.5M 247.9M
Total Assets 422.8M 459.2M 469.3M 330.8M 293.0M
Liabilities
Current Liabilities 33.2M 41.4M 32.2M 107.1M 25.4M
Non-Current Liabilities 245.2M 234.4M 240.1M 114.3M 146.9M
Total Liabilities 278.4M 275.8M 272.3M 221.4M 172.3M
Equity
Total Shareholders Equity 144.4M 183.4M 197.0M 109.4M 120.7M

Balance Sheet Composition

Top Ships Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 5.0M 6.1M 18.9M 8.6M -22.8M
Operating Cash Flow 19.5M 24.5M 36.4M 16.9M -5.5M
Investing Activities
Capital Expenditures 0 0 -145.0M -79.6M 189.2M
Investing Cash Flow -12.4M 2.5M -142.7M -76.7M 181.3M
Financing Activities
Dividends Paid 0 -6.0M -13.4M -1.8M 0
Financing Cash Flow -61.2M -16.1M 122.9M 43.6M -177.3M
Free Cash Flow 17.3M 28.9M -183.3M -99.5M -114.8M

Cash Flow Trend

Top Ships Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 4.86
Forward P/E 2.42
Price to Book 0.17
Price to Sales 0.28
PEG Ratio 2.42

Profitability Ratios

Profit Margin 5.85%
Operating Margin 30.92%
Return on Equity 3.07%
Return on Assets 3.96%

Financial Health

Current Ratio 0.71
Debt to Equity 183.92
Beta 1.81

Per Share Data

EPS (TTM) $1.09
Book Value per Share $31.22
Revenue per Share $18.62

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
tops 24.5M 4.86 0.17 3.07% 5.85% 183.92
Enbridge 98.3B 22.81 1.59 9.46% 10.33% 144.81
Williams Companies 73.9B 32.52 5.93 16.20% 20.61% 184.40
Brooge Energy 284.9M 52.00 4.65 7.53% 5.81% 398.70
Imperial Petroleum 116.0M 2.81 0.26 11.07% 32.37% 0.01
Pyxis Tankers 30.7M 4.51 0.33 9.22% 20.23% 82.65

Financial data is updated regularly. All figures are in the company's reporting currency.