What is the level of liabilities of Top Ships this year?
Top Ships has a debt balance of 275.81 M USD this year.
Top Ships Liabilities 2024
Top Ships Liabilities
275.81 M USD
Ticker
TOPS
ISIN
MHY8897Y1804
WKN
A2QA45
In 2024, Top Ships's total liabilities amounted to 275.81 M USD, a 1.29% difference from the 272.3 M USD total liabilities 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.Liabilities Details
Assessing Top Ships's Liabilities
Top Ships's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Top Ships's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Top Ships's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Top Ships's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Top Ships’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Top Ships stock
What were the liabilities of Top Ships compared to the previous year?
The liabilities of Top Ships have increased by 1.29% increased compared to the previous year.
What are the consequences of high debt for investors of Top Ships?
High liabilities can pose a risk for investors of Top Ships, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Top Ships?
Low liabilities mean that Top Ships has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Top Ships affect the company?
An increase in liabilities of Top Ships can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Top Ships affect the company?
A decrease in the liabilities of Top Ships can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Top Ships?
Some factors that can influence the liabilities of Top Ships include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Top Ships so important for investors?
The liabilities of Top Ships are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Top Ships take to modify the liabilities?
To change its liabilities, Top Ships can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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 24.29 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 24.29 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.
