TOP Ships Balance Sheet - Annual (NASDAQ:TOPS)

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$1.04 $0.08 (8.33%) TOPS stock closing price Oct 12, 2018 (Closing)

A thorough fundamental analysis involves using data from TOP Ships balance sheet, apart from other financial statements, to value the business. All three financial statements should be used to measure the financial performance of the company, and should form a part of the TOP Ships stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Apart from analyzing TOP Ships revenue TOP Ships operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The TOP Ships balance sheet for 2017 shows cash on hand of $25.36M. The company has a debt to equity ratio of .

View latest 10 year balance sheet data to check TOP Ships financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash25.36M1.38M2.66M-9.7M----46.24M
Marketable Securities----------
Receivables------2.74M--4.2M
Inventory----------
Raw Materials----------
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets2.42M2.52M2.09M--26.33M12.12M2.27M2.97M5.67M
Total Current Assets
29.05M4.54M5.26M1.22M10.26M26.73M14.86M3.42M3.78M57.08M
Property Plant & Equipment----------
Accumulated Depreciation----------
Net Property Plant & Equipment
162.73M127.33M58.47M73.97M15.86M179.14M268.18M600.48M649.11M581.03M
Investment & Advances18.13M---------
Other Non-Current Assets--8.51M---1.84M--7.68M
Deferred Charges--1.32M-------
Intangibles----------
Deposits & Other Assets10.52M11.14M1.75M-1.73M5.53M11.48M17.64M22.24M52.57M
Total Assets
220.44M143.31M75.33M75.57M27.86M211.41M296.37M622.09M675.14M698.37M
Notes Payable----------
Accounts Payable2.91M3.01M6.51M2.8M2.88M5.88M9.71M6.33M3.94M8.96M
Current Portion Long-Term Debt19.69M12.08M5.86M1.41M-172.61M193.74M337.37M399.08M342.47M
Current Portion Capital Leases----------
Accrued Expenses1.98M2.96M5.89M5.12M4.58M6.65M5.68M4.87M5.54M7.43M
Income Taxes Payable----------
Other Current Liabilities-1.97M--1.13M8.47M10.53M18.01M19.37M28.05M
Total Current Liabilities
25.58M20.03M18.27M9.33M8.6M193.63M219.68M366.6M427.95M386.93M
Mortgages----------
Deferred Taxes/Income---------15.47M
Convertible Debt----------
Long-Term Debt84.25M72.45M19.68M18M------
Non-Current Capital Leases----------
Other Long-Term Liabilities3.33M3.56M3.21M5.7M4.46M4.7M---3.91M
Total Liabilities
113.17M96.05M41.17M33.04M13.07M198.33M219.69M366.6M427.95M406.32M
Minority Interest----------
Preferred Stock-1.74M--------
Common Stock Net----------
Capital Surplus402.64M328.7M318.42M318.12M293.3M292.96M292.58M282.11M276.3M271.05M
Retained Earnings-296.64M-283.24M-284.29M-275.78M-278.68M-280.09M-216.1M-26.99M-29.5M20.68M
Treasury Stock----------
Other Liabilities1.18M---------
Shareholders Equity107.27M47.26M34.15M42.52M14.79M13.07M76.68M255.48M247.19M292.05M
Total Liabilities & Shareholders Equity220.44M143.31M75.33M75.57M27.86M211.41M296.37M622.09M675.14M698.37M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the TOP Ships stock price by looking at TOP Ships historical stock prices. One can compare PE with industry average by looking at the TOP Ships PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like TOP Ships owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for TOPS stock as of 2017 is $220.44M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: This item on the balance sheet implies the firm's, in this case TOP Ships's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for TOPS stock stand at $113.17M.

TOP Ships Balance Sheet - Key Ratios