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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 3/10

vs
industry
vs
history
Equity-to-Asset 0.32
TOPS's Equity-to-Asset is ranked lower than
73% of the 835 Companies
in the Global Shipping & Ports industry.

( Industry Median: 0.45 vs. TOPS: 0.32 )
Ranked among companies with meaningful Equity-to-Asset only.
TOPS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06  Med: 0.37 Max: 0.6
Current: 0.32
0.06
0.6
Interest Coverage 1.91
TOPS's Interest Coverage is ranked lower than
82% of the 690 Companies
in the Global Shipping & Ports industry.

( Industry Median: 8.63 vs. TOPS: 1.91 )
Ranked among companies with meaningful Interest Coverage only.
TOPS' s Interest Coverage Range Over the Past 10 Years
Min: 0.3  Med: 1.58 Max: 2.4
Current: 1.91
0.3
2.4
Piotroski F-Score: 6
Altman Z-Score: -2.60
Beneish M-Score: -2.68
WACC vs ROIC
5.45%
5.06%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating Margin % 17.05
TOPS's Operating Margin % is ranked higher than
78% of the 837 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.47 vs. TOPS: 17.05 )
Ranked among companies with meaningful Operating Margin % only.
TOPS' s Operating Margin % Range Over the Past 10 Years
Min: -212.23  Med: -13.93 Max: 45.99
Current: 17.05
-212.23
45.99
Net Margin % 3.70
TOPS's Net Margin % is ranked higher than
52% of the 842 Companies
in the Global Shipping & Ports industry.

( Industry Median: 3.42 vs. TOPS: 3.70 )
Ranked among companies with meaningful Net Margin % only.
TOPS' s Net Margin % Range Over the Past 10 Years
Min: -234.64  Med: -7.88 Max: 80.4
Current: 3.7
-234.64
80.4
ROE % -0.89
TOPS's ROE % is ranked lower than
75% of the 829 Companies
in the Global Shipping & Ports industry.

( Industry Median: 6.26 vs. TOPS: -0.89 )
Ranked among companies with meaningful ROE % only.
TOPS' s ROE % Range Over the Past 10 Years
Min: -142.56  Med: -9.75 Max: 10.19
Current: -0.89
-142.56
10.19
ROA % 0.93
TOPS's ROA % is ranked lower than
66% of the 850 Companies
in the Global Shipping & Ports industry.

( Industry Median: 2.76 vs. TOPS: 0.93 )
Ranked among companies with meaningful ROA % only.
TOPS' s ROA % Range Over the Past 10 Years
Min: -41.18  Med: -3.46 Max: 5.6
Current: 0.93
-41.18
5.6
ROC (Joel Greenblatt) % 3.69
TOPS's ROC (Joel Greenblatt) % is ranked lower than
69% of the 833 Companies
in the Global Shipping & Ports industry.

( Industry Median: 9.14 vs. TOPS: 3.69 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
TOPS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -41.22  Med: -2.53 Max: 10.8
Current: 3.69
-41.22
10.8
3-Year Revenue Growth Rate -56.10
TOPS's 3-Year Revenue Growth Rate is ranked lower than
98% of the 734 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.20 vs. TOPS: -56.10 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
TOPS' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: 0  Med: -57.3 Max: 39
Current: -56.1
0
39
3-Year EBITDA Growth Rate -70.90
TOPS's 3-Year EBITDA Growth Rate is ranked lower than
99% of the 615 Companies
in the Global Shipping & Ports industry.

( Industry Median: 5.20 vs. TOPS: -70.90 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
TOPS' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 0  Med: -76.25 Max: -28.2
Current: -70.9
GuruFocus has detected 8 Warning Signs with TOP Ships Inc $TOPS.
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» TOPS's 30-Y Financials

Financials (Next Earnings Date: 2017-07-29 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Business Description

Industry: Transportation & Logistics » Shipping & Ports    NAICS: 483111    SIC: 4412
Compare:OTCPK:ULTRF, NAS:RLOG, OTCPK:TEUFF, OTCPK:PRGNF, OTCPK:BSTND, NAS:ESEA, NAS:DRYS, NAS:SHIP, NAS:PXS, OTCPK:GTMAY, NAS:GLBS, OTCPK:DSSPF, OTCPK:GNKOQ, OTCPK:FSHPY, NYSE:GSL, NYSE:NAO, NAS:PANL, NYSE:NAP, NAS:GASS, NYSE:NM » details
Traded in other countries:UERR.Germany,
Headquarter Location:Greece
TOP Ships Inc is engaged in the transportation of liquid and petroleum cargoes as well as dry bulk cargoes through the ownership of a fleet of tankers and dry bulk carrier.

Incorporated in the Marshall Islands, TOP Ships operates eight tanker and three dry-bulk vessels that it rents to customers on multiyear, fixed-price contracts. Founded in 2000 by CEO Evangelos Pistiolis, the company changed its name from TOP Tankers in 2007 after investing in dry-bulk ships. The firm became publicly traded in 2004.

Top Ranked Articles about TOP Ships Inc

TOP Ships Inc. Announces Acquisition of Controlling Interest in M/T Stenaweco Elegance
TOP Ships Inc. Agrees Promissory Note
TOP Ships Inc. Announces Filing of 2016 Annual Report on Form 20-F
ATHENS, Greece, March 15, 2017 (GLOBE NEWSWIRE) -- TOP Ships Inc. (NASDAQ:TOPS) (“Top Ships” or the “Company”), an international owner and operator of modern, fuel efficient “ECO” MR tanker vessels focusing on the transportation of petroleum products, announced today that its annual report on Form 20-F for the year ended December 31, 2016 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, www.topships.org, or on the website of the Commission, www.sec.gov.
Shareholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2016 audited financial statements, free of charge by contacting the Company at the address below.About TOP Ships Inc.TOP Ships Inc. is an international ship-owning company.  For more information about TOP Ships Inc., visit its website: www.topships.org.  The information contained on the Company’s website does not constitute a part of this press release.Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect" "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.
Contacts:

Alexandros Tsirikos
Chief Financial Officer
TOP Ships Inc.
1, Vassilissis Sofias Str. &
Meg. Alexandrou Str.
151 24, Maroussi, Greece
Tel: 30 210 812 8180
Email: [email protected]

Read more...

Ratios

vs
industry
vs
history
Price-to-Operating-Cash-Flow 0.01
TOPS's Price-to-Operating-Cash-Flow is ranked higher than
100% of the 483 Companies
in the Global Shipping & Ports industry.

( Industry Median: 8.37 vs. TOPS: 0.01 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
TOPS' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 0.01  Med: 1.82 Max: 16.38
Current: 0.01
0.01
16.38
EV-to-EBIT 23.58
TOPS's EV-to-EBIT is ranked lower than
72% of the 646 Companies
in the Global Shipping & Ports industry.

( Industry Median: 15.79 vs. TOPS: 23.58 )
Ranked among companies with meaningful EV-to-EBIT only.
TOPS' s EV-to-EBIT Range Over the Past 10 Years
Min: -19  Med: -0.6 Max: 114.9
Current: 23.58
-19
114.9
EV-to-EBITDA 11.79
TOPS's EV-to-EBITDA is ranked lower than
55% of the 708 Companies
in the Global Shipping & Ports industry.

( Industry Median: 11.02 vs. TOPS: 11.79 )
Ranked among companies with meaningful EV-to-EBITDA only.
TOPS' s EV-to-EBITDA Range Over the Past 10 Years
Min: -513.8  Med: 3.3 Max: 546.4
Current: 11.79
-513.8
546.4
Current Ratio 0.23
TOPS's Current Ratio is ranked lower than
96% of the 822 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.24 vs. TOPS: 0.23 )
Ranked among companies with meaningful Current Ratio only.
TOPS' s Current Ratio Range Over the Past 10 Years
Min: 0.01  Med: 0.23 Max: 3.31
Current: 0.23
0.01
3.31
Quick Ratio 0.20
TOPS's Quick Ratio is ranked lower than
96% of the 822 Companies
in the Global Shipping & Ports industry.

( Industry Median: 1.13 vs. TOPS: 0.20 )
Ranked among companies with meaningful Quick Ratio only.
TOPS' s Quick Ratio Range Over the Past 10 Years
Min: 0.01  Med: 0.2 Max: 3.24
Current: 0.2
0.01
3.24
Days Inventory 16.72
TOPS's Days Inventory is ranked lower than
60% of the 660 Companies
in the Global Shipping & Ports industry.

( Industry Median: 11.91 vs. TOPS: 16.72 )
Ranked among companies with meaningful Days Inventory only.
TOPS' s Days Inventory Range Over the Past 10 Years
Min: 5.52  Med: 15.5 Max: 118.67
Current: 16.72
5.52
118.67
Days Sales Outstanding 0.24
TOPS's Days Sales Outstanding is ranked higher than
99% of the 623 Companies
in the Global Shipping & Ports industry.

( Industry Median: 43.46 vs. TOPS: 0.24 )
Ranked among companies with meaningful Days Sales Outstanding only.
TOPS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.24  Med: 4.85 Max: 21.97
Current: 0.24
0.24
21.97
Days Payable 65.19
TOPS's Days Payable is ranked higher than
70% of the 525 Companies
in the Global Shipping & Ports industry.

( Industry Median: 38.06 vs. TOPS: 65.19 )
Ranked among companies with meaningful Days Payable only.
TOPS' s Days Payable Range Over the Past 10 Years
Min: 19.31  Med: 242.98 Max: 938.22
Current: 65.19
19.31
938.22

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -203.70
TOPS's 3-Year Average Share Buyback Ratio is ranked lower than
99% of the 425 Companies
in the Global Shipping & Ports industry.

( Industry Median: -2.20 vs. TOPS: -203.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
TOPS' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -203.7  Med: -26 Max: 0
Current: -203.7
-203.7
0

Valuation & Return

vs
industry
vs
history
Earnings Yield (Greenblatt) % 4.24
TOPS's Earnings Yield (Greenblatt) % is ranked lower than
55% of the 850 Companies
in the Global Shipping & Ports industry.

( Industry Median: 4.83 vs. TOPS: 4.24 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
TOPS' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -869.4  Med: -5.6 Max: 1500.2
Current: 4.24
-869.4
1500.2

More Statistics

Revenue (TTM) (Mil) $28.43
EPS (TTM) $ -1.80
Beta0.89
Short Percentage of Float259.98%
52-Week Range $0.16 - 168.00
Shares Outstanding (Mil)16.13

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