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Top Ships Inc. (TOPS)
:TOPS
US Market
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Top Ships (TOPS) Ratios

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Top Ships Ratios

TOPS's free cash flow for Q4 2023 was $0.64. For the 2023 fiscal year, TOPS's free cash flow was decreased by $ and operating cash flow was $0.60. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
0.71 0.94 0.76 0.70 1.77
Quick Ratio
0.68 0.91 0.73 0.70 1.75
Cash Ratio
0.23 0.87 0.64 0.02 0.76
Solvency Ratio
0.10 0.07 0.20 0.10 -0.20
Operating Cash Flow Ratio
0.52 0.70 1.04 0.15 0.24
Short-Term Operating Cash Flow Coverage
0.00 5.79 2.71 0.27 1.13
Net Current Asset Value
$ -254.91M$ -237.08M$ -247.77M$ -162.23M$ -113.73M
Leverage Ratios
Debt-to-Assets Ratio
0.59 0.57 0.59 0.56 0.50
Debt-to-Equity Ratio
1.74 1.42 1.41 1.98 1.10
Debt-to-Capital Ratio
0.64 0.59 0.59 0.66 0.52
Long-Term Debt-to-Capital Ratio
0.63 0.55 0.53 0.49 0.43
Financial Leverage Ratio
2.93 2.50 2.38 3.55 2.18
Debt Service Coverage Ratio
2.29 1.54 2.79 0.47 -0.38
Interest Coverage Ratio
1.28 1.25 0.79 0.15 0.53
Debt to Market Cap
8.96 8.30 61.51 4.50 3.68
Interest Debt Per Share
59.07 157.79 1.16K 1.15K 1.72K
Net Debt to EBITDA
4.87 5.22 4.91 7.70 11.01
Profitability Margins
Gross Profit Margin
43.74%58.43%44.95%36.37%41.29%
EBIT Margin
31.24%33.45%38.01%26.17%-3.48%
EBITDA Margin
58.11%51.93%65.12%41.95%19.36%
Operating Profit Margin
32.40%34.63%14.10%1.92%18.39%
Pretax Profit Margin
5.84%7.31%23.49%15.29%-37.89%
Net Profit Margin
5.84%7.31%50.70%29.27%-73.48%
Continuous Operations Profit Margin
5.84%7.31%23.49%15.29%-37.89%
Net Income Per EBT
100.00%100.00%215.80%191.48%193.94%
EBT Per EBIT
18.04%21.12%166.63%797.04%-206.05%
Return on Assets (ROA)
1.19%1.32%8.71%4.99%-15.10%
Return on Equity (ROE)
3.07%3.31%20.75%17.70%-32.97%
Return on Capital Employed (ROCE)
7.16%6.88%2.60%0.48%4.14%
Return on Invested Capital (ROIC)
7.05%6.65%5.36%0.70%7.61%
Return on Tangible Assets
1.19%1.32%8.71%4.99%-15.10%
Earnings Yield
18.40%21.59%1061.28%49.31%-155.52%
Efficiency Ratios
Receivables Turnover
77.38 261.67 10.08K 741.67 0.00
Payables Turnover
26.61 25.43 22.74 15.54 13.90
Inventory Turnover
49.29 37.69 43.28 53.45 68.78
Fixed Asset Turnover
0.24 0.21 0.19 0.25 0.28
Asset Turnover
0.20 0.18 0.17 0.17 0.21
Working Capital Turnover Ratio
-13.90 -16.06 -4.09 -9.33 -24.07
Cash Conversion Cycle
-1.60 -3.27 -7.58 -16.17 -20.96
Days of Sales Outstanding
4.72 1.39 0.04 0.49 0.00
Days of Inventory Outstanding
7.41 9.68 8.43 6.83 5.31
Days of Payables Outstanding
13.72 14.35 16.05 23.49 26.26
Operating Cycle
12.12 11.08 8.47 7.32 5.31
Cash Flow Ratios
Operating Cash Flow Per Share
3.74 16.08 132.19 96.77 61.64
Free Cash Flow Per Share
3.74 16.08 -725.02 -599.23 -1.17K
CapEx Per Share
0.00 0.00 857.20 696.00 1.23K
Free Cash Flow to Operating Cash Flow
1.00 1.00 -5.48 -6.19 -19.00
Dividend Paid and CapEx Coverage Ratio
0.00 4.81 0.15 0.14 0.05
Capital Expenditure Coverage Ratio
0.00 0.00 0.15 0.14 0.05
Operating Cash Flow Coverage Ratio
0.07 0.11 0.12 0.09 0.04
Operating Cash Flow to Sales Ratio
0.20 0.35 0.41 0.28 0.10
Free Cash Flow Yield
63.30%102.98%-4757.32%-297.24%-403.37%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
5.44 4.63 0.09 2.03 -0.64
Price-to-Sales (P/S) Ratio
0.32 0.34 0.05 0.59 0.47
Price-to-Book (P/B) Ratio
0.19 0.15 0.02 0.36 0.21
Price-to-Free Cash Flow (P/FCF) Ratio
1.58 0.97 -0.02 -0.34 -0.25
Price-to-Operating Cash Flow Ratio
1.58 0.97 0.12 2.08 4.71
Price-to-Earnings Growth (PEG) Ratio
-0.05 -0.04 <0.01 -0.02 <0.01
Price-to-Fair Value
0.19 0.15 0.02 0.36 0.21
Enterprise Value Multiple
5.42 5.87 4.99 9.11 13.45
Enterprise Value
271.15M 252.98M 261.92M 215.42M 156.84M
EV to EBITDA
5.42 5.87 4.99 9.11 13.45
EV to Sales
3.15 3.05 3.25 3.82 2.60
EV to Free Cash Flow
15.65 8.74 -1.43 -2.17 -1.37
EV to Operating Cash Flow
15.65 8.74 7.84 13.41 25.97
Tangible Book Value Per Share
31.22 101.95 779.32 561.69 1.37K
Shareholders’ Equity Per Share
31.22 101.95 779.32 561.69 1.37K
Tax and Other Ratios
Effective Tax Rate
0.00 0.00 -1.16 -0.91 -0.94
Revenue Per Share
18.62 46.11 319.03 339.63 614.58
Net Income Per Share
1.09 3.37 161.74 99.41 -451.62
Tax Burden
1.00 1.00 2.16 1.91 1.94
Interest Burden
0.19 0.22 0.62 0.58 10.89
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.09 0.11 0.02 0.03 0.16
Stock-Based Compensation to Revenue
0.00 0.00 >-0.01 >-0.01 >-0.01
Income Quality
3.44 4.77 1.76 1.86 -0.26
Currency in USD
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