$TOPS Balance Sheet | Understand Stock

$TOPS

$0.31 +$0.03 (10.36%) Close

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated balance sheets

In millions of USD, except per-share amounts

	Q4 FY2025 As of Dec 31, 2025	Q4 FY2024 As of Dec 31, 2024	Q4 FY2023 As of Dec 31, 2023	Q4 FY2022 As of Dec 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q4 FY2020 As of Dec 31, 2020	Q4 FY2019 As of Dec 31, 2019	Q4 FY2018 As of Dec 31, 2018	Q4 FY2017 As of Dec 31, 2017	Q4 FY2016 As of Dec 31, 2016	Q4 FY2015 As of Dec 31, 2015	Q4 FY2014 As of Dec 31, 2014	Q4 FY2013 As of Dec 31, 2013
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
Restricted cash (Note 6)
Trade accounts receivable (including $- and $112 to related party (Note 5))
Advances to various creditors
Prepayments and other (Note 7)
Prepayments and other
Right of use assets from operating leases (Note 6)
Deposit asset (Note 6)
Inventories
Prepaid bareboat charter hire (Note 6)
Deferred charges (Note 9)
Non-current portion of derivative financial instruments (Note 14)
Vessels held for sale (Note 4c)
Due from related parties (Note 5)
Total current assets

Advances for vessels under construction (Note 4a)
FIXED ASSETS:
Vessels, net (Note 4(a))
Right of use assets from operating leases (Note 6)
Advances for vessels under construction (Note 4(b))
Other fixed assets, net
Total fixed assets
OTHER NON-CURRENT ASSETS:
Prepaid bareboat charter hire (Note 6)
Deferred charges (Note 11)
Restricted cash (Note 7)
Investments in unconsolidated joint ventures (Note 17)
Derivative financial instruments (Note 15)
Advances for asset acquisitions to related party (Note 5)
Investments in unconsolidated joint ventures (Note 16)
Deposit asset (Note 19)
Deposit asset
Trade accounts receivable, non-current
Deposit asset (Note 6)
Deferred Charges
Total non-current assets

Total assets

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES:
Current portion of long-term debt (Note 7)
Debt from related parties (Note 10)
Short-term debt (Note 9)
Debt from related parties (Note 9(c))
Debt related to vessels held for sale (Note 7)
Due to related parties (Note 5)
Accounts payable
Accrued liabilities
Current portion of derivative financial instruments (Note 14)
Unearned revenue
Current portion of Operating lease liabilities (Note 6)
Current portion of Vessel fair value participation liability (Note 7)
Liability from contract with related party (Note 5)
Total current liabilities

NON-CURRENT LIABILITIES:
Non-current portion of long-term debt (Note 7)
Long term debt from related parties (Note 8)
Non-current portion of Operating lease liabilities (Note 6)
Non-current portion of derivative financial instruments (Note 14)
Other non-current liabilities
Vessel fair value participation liability (Note 7)
Unearned revenue, non-current
Total non-current liabilities

COMMITMENTS AND CONTINGENCIES (Note 8)
Total liabilities

Preferred stock; 2,106 and 0 Series B shares issued and outstanding at December 31, 2016 and 2017 with $0.01 par value (Note 19)
Preferred stock, $0.01 par value; 20,000,000 shares authorized; 3,659,627 and 0 Series F Shares issued and outstanding at December 31, 2023, and 2024 (Note 15)
Preferred stock, Paid-in capital in excess of par
Mezzanine equity
Series E Preferred Stock
Total mezzanine equity

STOCKHOLDERS' EQUITY:
Preferred stock, $0.01 par value; 20,000,000 shares authorized; of which 100,000 Series D shares were outstanding at December 31, 2024 and 2025 (Note 9)
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 4,626,197 shares issued and outstanding at December 31, 2024 and 2025 (Note 9)
Additional paid-in capital
Accumulated other Comprehensive Income
Accumulated deficit
Total stockholders' equity
Non-controlling Interests
Total equity

Total liabilities and stockholders' equity

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