Top Ships Inc.

NYSE American TOPS

Top Ships Inc. Interest Coverage Ratio for the year ending December 31, 2023: 1.25

Top Ships Inc. Interest Coverage Ratio is 1.25 for the year ending December 31, 2023, a -54.24% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Top Ships Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 2.73, a 19.74% change year over year.
Top Ships Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 2.28, a 3,145.42% change year over year.
Top Ships Inc. Interest Coverage Ratio for the year ending December 31, 2020 was -0.07, a -107.90% change year over year.
Top Ships Inc. Interest Coverage Ratio for the year ending December 31, 2019 was 0.95, a 329.21% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

NYSE American: TOPS

Top Ships Inc.

CEO	Mr. Evangelos J. Pistiolis
IPO Date	Aug. 2, 2004
Location	Greece
Headquarters	1 Vasilisis Sofias & Megalou Alexandro S
Employees	1
Sector	Industrials
Industries Maritime Shipping

Description

Top Ships Inc. owns and operates tanker vessels worldwide. The company's medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2020, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Maroussi, Greece.

Key trends

Past 5 years