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Top Ships Inc. (TOPS)
:TOPS
US Market

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
0.76 0.94 0.76 0.70 1.77
Quick Ratio
0.73 0.91 0.73 0.70 1.75
Cash Ratio
0.64 0.87 0.64 0.02 0.76
Solvency Ratio
0.20 0.07 0.20 0.10 -0.20
Operating Cash Flow Ratio
1.04 0.70 1.04 0.15 0.24
Short-Term Operating Cash Flow Coverage
2.71 5.79 2.71 0.27 1.13
Net Current Asset Value
$ -247.77M$ -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
1.41 1.42 1.41 1.98 1.10
Debt-to-Capital Ratio
0.59 0.59 0.59 0.66 0.52
Long-Term Debt-to-Capital Ratio
0.53 0.55 0.53 0.49 0.43
Financial Leverage Ratio
2.38 2.50 2.38 3.55 2.18
Debt Service Coverage Ratio
2.79 1.54 2.79 0.47 -0.38
Interest Coverage Ratio
0.79 1.25 0.79 0.15 0.53
Debt to Market Cap
61.51 8.30 61.51 4.50 3.68
Interest Debt Per Share
1.16K 157.79 1.16K 1.15K 1.72K
Net Debt to EBITDA
4.91 5.22 4.91 7.70 11.01
Profitability Margins
Gross Profit Margin
44.95%58.43%44.95%36.37%41.29%
EBIT Margin
38.01%33.45%38.01%26.17%-3.48%
EBITDA Margin
65.12%51.93%65.12%41.95%19.36%
Operating Profit Margin
14.10%34.63%14.10%1.92%18.39%
Pretax Profit Margin
23.49%7.31%23.49%15.29%-37.89%
Net Profit Margin
50.70%7.31%50.70%29.27%-73.48%
Continuous Operations Profit Margin
23.49%7.31%23.49%15.29%-37.89%
Net Income Per EBT
215.80%100.00%215.80%191.48%193.94%
EBT Per EBIT
166.63%21.12%166.63%797.04%-206.05%
Return on Assets (ROA)
8.71%1.32%8.71%4.99%-15.10%
Return on Equity (ROE)
20.75%3.31%20.75%17.70%-32.97%
Return on Capital Employed (ROCE)
2.60%6.88%2.60%0.48%4.14%
Return on Invested Capital (ROIC)
5.36%6.65%5.36%0.70%7.61%
Return on Tangible Assets
8.71%1.32%8.71%4.99%-15.10%
Earnings Yield
1061.28%21.59%1061.28%49.31%-155.52%
Efficiency Ratios
Receivables Turnover
10.08K 261.67 10.08K 741.67 0.00
Payables Turnover
22.74 25.43 22.74 15.54 13.90
Inventory Turnover
43.28 37.69 43.28 53.45 68.78
Fixed Asset Turnover
0.19 0.21 0.19 0.25 0.28
Asset Turnover
0.17 0.18 0.17 0.17 0.21
Working Capital Turnover Ratio
-4.09 -16.06 -4.09 -9.33 -24.07
Cash Conversion Cycle
-7.58 -3.27 -7.58 -16.17 -20.96
Days of Sales Outstanding
0.04 1.39 0.04 0.49 0.00
Days of Inventory Outstanding
8.43 9.68 8.43 6.83 5.31
Days of Payables Outstanding
16.05 14.35 16.05 23.49 26.26
Operating Cycle
8.47 11.08 8.47 7.32 5.31
Cash Flow Ratios
Operating Cash Flow Per Share
132.19 16.08 132.19 96.77 61.64
Free Cash Flow Per Share
-725.02 16.08 -725.02 -599.23 -1.17K
CapEx Per Share
857.20 0.00 857.20 696.00 1.23K
Free Cash Flow to Operating Cash Flow
-5.48 1.00 -5.48 -6.19 -19.00
Dividend Paid and CapEx Coverage Ratio
0.15 4.81 0.15 0.14 0.05
Capital Expenditure Coverage Ratio
0.15 0.00 0.15 0.14 0.05
Operating Cash Flow Coverage Ratio
0.12 0.11 0.12 0.09 0.04
Operating Cash Flow to Sales Ratio
0.41 0.35 0.41 0.28 0.10
Free Cash Flow Yield
-4757.32%102.98%-4757.32%-297.24%-403.37%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
0.09 4.63 0.09 2.03 -0.64
Price-to-Sales (P/S) Ratio
0.05 0.34 0.05 0.59 0.47
Price-to-Book (P/B) Ratio
0.02 0.15 0.02 0.36 0.21
Price-to-Free Cash Flow (P/FCF) Ratio
-0.02 0.97 -0.02 -0.34 -0.25
Price-to-Operating Cash Flow Ratio
0.12 0.97 0.12 2.08 4.71
Price-to-Earnings Growth (PEG) Ratio
<0.01 -0.04 <0.01 -0.02 <0.01
Price-to-Fair Value
0.02 0.15 0.02 0.36 0.21
Enterprise Value Multiple
4.99 5.87 4.99 9.11 13.45
Enterprise Value
261.92M 252.98M 261.92M 215.42M 156.84M
EV to EBITDA
4.99 5.87 4.99 9.11 13.45
EV to Sales
3.25 3.05 3.25 3.82 2.60
EV to Free Cash Flow
-1.43 8.74 -1.43 -2.17 -1.37
EV to Operating Cash Flow
7.84 8.74 7.84 13.41 25.97
Tangible Book Value Per Share
779.32 101.95 779.32 561.69 1.37K
Shareholders’ Equity Per Share
779.32 101.95 779.32 561.69 1.37K
Tax and Other Ratios
Effective Tax Rate
-1.16 0.00 -1.16 -0.91 -0.94
Revenue Per Share
319.03 46.11 319.03 339.63 614.58
Net Income Per Share
161.74 3.37 161.74 99.41 -451.62
Tax Burden
2.16 1.00 2.16 1.91 1.94
Interest Burden
0.62 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
0.02 0.11 0.02 0.03 0.16
Stock-Based Compensation to Revenue
>-0.01 0.00 >-0.01 >-0.01 >-0.01
Income Quality
1.76 4.77 1.76 1.86 -0.26
Currency in USD
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