What is the Return on Assets (ROA) of Top Ships this year?
The Return on Assets (ROA) of Top Ships is -0.05 undefined this year.
Top Ships ROA 2024
Top Ships ROA
-0.05
Ticker
TOPS
ISIN
MHY8897Y1804
WKN
A2QA45
In 2024, Top Ships's return on assets (ROA) was -0.05, a 148.51% increase from the -0.02 ROA in the previous year.
Top Ships Aktienanalyse
What does Top Ships do?
Top Ships Inc. is a shipping company that was founded in 2000 and is based in Maroussi, Greece. The company owns a fleet of modern oil tankers and container ships and operates globally in various markets and regions. The main activity of Top Ships is the transportation of crude oil, liquefied petroleum gas (LPG), and other liquid chemicals. The company specializes in the transportation of oil and gas fuels and offers these transportation services to leading oil and gas companies worldwide. Top Ships' business model involves chartering or selling ships and selling the transportation service to oil and gas companies or other customers. With this approach, the company can minimize the risks of fluctuating ship assets while benefiting from the high demand for shipping services. Top Ships operates fleets of Handysize, Petrolmax, and Aframax tankers capable of navigating along coastlines and in ports and transporting to/from various terminals worldwide. Top Ships' fleets also include Megamax container and VLCC tankers. The company has a clear growth strategy, focusing on acquiring ships that are chartered by strong counterparties to enable long-term and stable operational planning. Top Ships collaborates with banks, authorities, service providers, and customers through innovative financing models and strategic partnerships to expand and enhance its business activities. Top Ships also aims to meet the growing demand for sustainable and environmentally friendly transportation solutions. The company is working to minimize the environmental impact of its fleet through measures such as reducing emissions and waste and has recently announced plans to invest in new environmentally friendly ships. Top Ships is committed to providing its customers with high-quality service. The company maintains regular contact with its customers and responds quickly to their changing needs and requirements. Top Ships has a global network of offices and experienced employees to ensure that customers receive efficient and reliable transportation solutions anytime and anywhere in the world. Overall, Top Ships has a strong position in a competitive market. The company specializes in the transportation of liquid cargoes and offers its customers high-quality service. With a modern fleet of oil tankers and container ships, innovative financing models, and a growth strategy focused on long-term partnerships and environmentally friendly ships, Top Ships is well-equipped to meet the challenges of global competition and continue to provide first-class transportation services to its customers in the future. Top Ships ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Top Ships's Return on Assets (ROA)
Top Ships's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Top Ships's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Top Ships's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Top Ships’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Top Ships stock
What was the ROA of Top Ships compared to the previous year?
The ROA of Top Ships has increased by 148.51% compared to the previous year.
What consequences do high ROA have for investors of Top Ships?
A high ROA is advantageous for investors of Top Ships, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Top Ships?
A low ROA can be unfavorable for investors of Top Ships as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Top Ships affect the company?
An increase in ROA of Top Ships can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Top Ships impact the company?
A reduction in the ROA of Top Ships can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Top Ships?
Some factors that can influence the ROA of Top Ships include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Top Ships important for investors?
The ROA of Top Ships is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Top Ships take to improve ROA?
To improve ROA, Top Ships can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Top Ships pay?
Over the past 12 months, Top Ships paid a dividend of 1.46 T USD . This corresponds to a dividend yield of about 18.31 T %. For the coming 12 months, Top Ships is expected to pay a dividend of 0 USD.
What is the dividend yield of Top Ships?
The current dividend yield of Top Ships is 18.31 T %.
When does Top Ships pay dividends?
Top Ships pays a quarterly dividend. This is distributed in the months of November, February, April, May.
How secure is the dividend of Top Ships?
Top Ships paid dividends every year for the past 0 years.
What is the dividend of Top Ships?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Top Ships located?
Top Ships is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Top Ships kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Top Ships from 4/25/2006 amounting to 2.5 USD, you needed to have the stock in your portfolio before the ex-date on 4/12/2006.
When did Top Ships pay the last dividend?
The last dividend was paid out on 4/25/2006.
What was the dividend of Top Ships in the year 2023?
In the year 2023, Top Ships distributed 0 USD as dividends.
In which currency does Top Ships pay out the dividend?
The dividends of Top Ships are distributed in USD.
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Andere Kennzahlen von Top Ships
Our stock analysis for Top Ships Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Top Ships Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
