TOP Ships Inc (TOPS)
7.85
+0.15
(+1.95%)
USD |
NYAM |
Nov 22, 15:29
TOP Ships Debt to Equity Ratio: 1.883 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 1.883 |
| December 31, 2023 | 1.339 |
| June 30, 2023 | 1.243 |
| December 31, 2022 | 1.203 |
| June 30, 2022 | 1.279 |
| December 31, 2021 | 1.377 |
| June 30, 2021 | 1.399 |
| December 31, 2020 | 0.8668 |
| June 30, 2020 | 1.988 |
| December 31, 2019 | 2.922 |
| June 30, 2019 | 2.841 |
| Date | Value |
|---|---|
| December 31, 2018 | 1.349 |
| June 30, 2018 | 1.074 |
| December 31, 2017 | 0.9798 |
| June 30, 2017 | 1.453 |
| December 31, 2016 | 1.857 |
| June 30, 2016 | 1.846 |
| December 31, 2015 | 0.7093 |
| June 30, 2015 | 0.00 |
| December 31, 2012 | 13.20 |
| June 30, 2012 | 2.232 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.8668
Minimum
Dec 2020
2.922
Maximum
Dec 2019
1.550
Average
1.358
Median
Debt to Equity Ratio Benchmarks
| Tsakos Energy Navigation Ltd | 1.038 |
| Dynagas LNG Partners LP | -- |
| Pyxis Tankers Inc | 0.9012 |
| HELLENiQ ENERGY Holdings SA | 0.8707 |
| Imperial Petroleum Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 430.22M |
| Total Liabilities (Quarterly) | 288.88M |
| Shareholders Equity (Quarterly) | 141.34M |
| Current Ratio | 0.6336 |
| Net Debt Paydown Yield | -19.11% |