TOP Ships Cash Flow - Quarterly (NASDAQ:TOPS)

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$0.19 $0.01 (5.56%) TOPS stock closing price Mar 23, 2018 (Closing)

The TOP Ships cash flow statement helps investors understand how well the company is managing its cash flows. While its important to look at the TOP Ships debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as TOP Ships revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. TOP Ships saw a cash impact of $7.76M from the issuance of TOPS shares. The cash flow statement helps in the TOP Ships stock analysis by providing more information for evaluating changes in assets, liabilities and equities. TOP Ships has a negative cash and cash equivalents change of $-2.54M.

View and download details of TOP Ships cash flows for latest & last 40 quarters
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Fiscal year is Jan - Dec2016 Q42016 Q22015 Q4
Net Income Cash Flow
Depreciation Depletion Amortization Cash-Flow5.32M2.06M2.76M
Net Increase (Decrease) in Assets Liabilities2.51M--
Cash From (used in) Discontinued Operations---
Other Adjustments Net-2.19M-0.99M3.82M
Net Cash from (used by) Operating Activities
Increase (Decrease) in Prop Plant And Equipment-73.35M-48.72M-
Acquisition Disposition of Subsidiaires---
Increase (Decrease) in Investments---
Other Cash Inflow (Outflow) from Investment Activities-3.71M-2.49M-1.58M
Net Cash from (used by) Investment Activities
Issuance (Purchase) of Equity Shares7.76M--
Issuance (Repayment) of Debt Securities60.53M47.08M6.13M
Increase (Decrease) in Bank & Other Borrowings---
Payment of Dividends & Other Cash Distributions---
Other Cash from (used by) Financing Activities-0.47M-0.06M-1.22M
Net Cash from (used by) Financing Activities
Effect of Exchange Rate Changes on Cash---
Net Change in Cash & Cash Equivalents
Cash & Equivalents at Beginning of Year--46.24M
Cash & Equivalents at Year End--2.66M
All figures in USD. M: Millions of USD, B: Billions of USD.

TOP Ships stock comparison chart provides an easy way to compare the stock price with peers along with details of TOP Ships stock price history.
The statement of cash flows can be categorized into the following main sections:

  • TOP Ships had a Net Change in Cash and Cash Equivalents of $-2.54M in the latest quarter 2016 Q4. If a firm is able to grow its cash, it is considered to be a positive signal and could lead to a jump in the TOP Ships stock price, albeit too much cash on hand can imply the company has no or limited avenues for growth in which to invest this cash.
  • TOP Ships increased its cash from operating activities to $6.7M till 2016 Q4. Operating activities include production of goods or creating a product or providing a service, and collecting payment for the same from customers. The cash generated from these activities is refered to as cash flow from operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-77.07M for TOPS till last quarter 2016 Q4 report.
  • Cash flow from financing activities shows the flow of cash between TOP Ships and its owners and creditors and was $67.82M till 2016 Q4. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For TOP Ships Cash Flow

FCF margin