TOPS (TOP Ships) LT-Debt-to-Total-Asset: 0.61 (As of Dec. 2025)


TOPS TOP Ships Inc TOPS
49 GF Score
Price $0.90
GF Value $4.24
Valuation Possible Value Trap
! 6 Warning Signs
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What is TOP Ships LT-Debt-to-Total-Asset?

TOP Ships TOPS +0.67% 49 LT-Debt-to-Total-Asset is 0.61 as of Dec. 2025. GuruFocus rates TOPS with a GF Score™ of 49/100 and a GF Value™ of $4.24 (Possible Value Trap). The stock has 6 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. TOP Ships's long-term debt to total assests ratio for the quarter that ended in Dec. 2025 was 0.61.

TOP Ships's long-term debt to total assets ratio increased from Dec. 2024 (0.58) to Dec. 2025 (0.61). It may suggest that TOP Ships is progressively becoming more dependent on debt to grow their business.

TOP Ships  (AMEX:TOPS) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

TOP Ships LT-Debt-to-Total-Asset Related Terms

TOP Ships LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for TOP Ships's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TOP Ships LT-Debt-to-Total-Asset Chart

TOP Ships Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.51 0.51 0.58 0.61

TOP Ships Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.59 0.58 0.59 0.61
TOPS
49GF Score
TOP Ships Inc TOPS
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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TOP Ships LT-Debt-to-Total-Asset Calculation

TOP Ships's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=204.788/333.609
=0.61

TOP Ships's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (Q: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2025 )/Total Assets (Q: Dec. 2025 )
=204.788/333.609
=0.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.61 mean?
TOP Ships (TOPS) has a LT-Debt-to-Total-Asset of 0.61 as of Dec. 2025. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TOP Ships and its competitors.
Is TOP Ships' LT-Debt-to-Total-Asset too high?
TOP Ships' current LT-Debt-to-Total-Asset is 0.61. Overall, TOP Ships has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TOP Ships' LT-Debt-to-Total-Asset compare to RBNE and CWPE?
TOP Ships' LT-Debt-to-Total-Asset of 0.61 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TOP Ships and its competitors. TOP Ships's current LT-Debt-to-Total-Asset is 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Ships stock overvalued right now?
Based on GuruFocus' analysis, TOP Ships (TOPS) is currently considered Possible Value Trap. The stock's GF Value™ is $4.24, compared to a current price of $0.90 — trading 78.8% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.61. TOP Ships' overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For TOP Ships (TOPS), the current LT-Debt-to-Total-Asset is 0.61 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is TOP Ships (TOPS) Overvalued in 2026?

Based on GuruFocus' analysis, TOP Ships stock appears to be undervalued. The current stock price of $0.90 is trading 78.8% below its estimated GF Value™ of $4.24. GuruFocus considers TOP Ships to be Possible Value Trap.

Key valuation signals for TOPS:

  • LT-Debt-to-Total-Asset: 0.61
  • GF Value™: $4.24 vs. price of $0.90 (78.8% below fair value)
  • GF Score™: 49/100 with 6 warning signs

No single metric tells the full story. See the TOPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TOP Ships Business Description

Industry EnergyOil & Gas
Other Exchanges UER0:Germany
Address 20 Iouliou Kaisara Street, Paiania, Athens, GRC, 19002
TOP Ships Inc owns tanker vessels throughout the world. The Company is an international owner and operator of modern, fuel-efficient eco-tanker vessels, focusing on the transportation of crude oil, petroleum products (both clean and dirty), and bulk liquid chemicals. It generates revenue from the Time Charter agreements. The company operates in two reportable segments: (i) the tanker segment and (ii) the megayacht segment.
49GF Score

Get the complete analysis for TOPS

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.90
Price
$4.24
GF Value