TOP Ships Cash Flow - Quarterly (NASDAQ:TOPS)

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$0.92 $0.01 (1.1%) TOPS stock closing price Sep 18, 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 $18.79M 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 positive cash and cash equivalents change of $25.01M.

View and download details of TOP Ships cash flows for latest & last 40 quarters
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Fiscal year is Jan - Dec2017 Q42016 Q42016 Q22015 Q4
Net Income Cash Flow
-13.37M1.05M--8.5M
Depreciation Depletion Amortization Cash-Flow16.66M5.32M2.06M2.76M
Net Increase (Decrease) in Assets Liabilities-1.23M2.51M--
Cash From (used in) Discontinued Operations----
Other Adjustments Net-1.36M-2.19M-0.99M3.82M
Net Cash from (used by) Operating Activities
-6.7M1.93M-1.38M
Increase (Decrease) in Prop Plant And Equipment-41.42M-73.35M-48.72M-
Acquisition Disposition of Subsidiaires----
Increase (Decrease) in Investments-17.63M---
Other Cash Inflow (Outflow) from Investment Activities--3.71M-2.49M-1.58M
Net Cash from (used by) Investment Activities
-59.06M-77.07M-51.21M-0.85M
Issuance (Purchase) of Equity Shares18.79M7.76M--
Issuance (Repayment) of Debt Securities11.21M60.53M47.08M6.13M
Increase (Decrease) in Bank & Other Borrowings68.79M---
Payment of Dividends & Other Cash Distributions----
Other Cash from (used by) Financing Activities-15.41M-0.47M-0.06M-1.22M
Net Cash from (used by) Financing Activities
83.39M67.82M47.16M4.9M
Effect of Exchange Rate Changes on Cash----
Net Change in Cash & Cash Equivalents
25.01M-2.54M-2.11M2.66M
Cash & Equivalents at Beginning of Year2.66M--26.01M
Cash & Equivalents at Year End30.61M--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 $25.01M in the latest quarter 2017 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 decreased its cash from operating activities to $- till 2017 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 $-59.06M for TOPS till last quarter 2017 Q4 report.
  • Cash flow from financing activities shows the flow of cash between TOP Ships and its owners and creditors and was $83.39M till 2017 Q4. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For TOP Ships Cash Flow