TOP Ships Net Income
| TOPS Stock | USD 5.11 0.10 2.00% |
As of the 30th of January, TOP Ships has the variance of 6.87, and Risk Adjusted Performance of (0.06). Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TOP Ships, as well as the relationship between them. Please validate TOP Ships risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if TOP Ships is priced fairly, providing market reflects its prevalent price of 5.11 per share. Given that TOP Ships has information ratio of (0.11), we advise you to double-check TOP Ships's current market performance to make sure the company can sustain itself next year.
TOP Ships Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 3.2554 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 4.5 M | 4.8 M | |
| Net Loss | -8.3 M | -7.9 M | |
| Net Income From Continuing Ops | 5.8 M | 6.1 M | |
| Net Income Per Share | 1.25 | 1.19 | |
| Net Income Per E B T | 0.88 | 0.83 |
TOP | Net Income | Build AI portfolio with TOP Stock |
The evolution of Net Income for TOP Ships provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how TOP Ships compares to historical norms and industry peers.
Latest TOP Ships' Net Income Growth Pattern
Below is the plot of the Net Income of TOP Ships over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in TOP Ships financial statement analysis. It represents the amount of money remaining after all of TOP Ships operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is TOP Ships' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TOP Ships' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 5.03 M | 10 Years Trend |
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Net Income |
| Timeline |
TOP Net Income Regression Statistics
| Arithmetic Mean | (15,801,192) | |
| Coefficient Of Variation | (305.48) | |
| Mean Deviation | 26,883,579 | |
| Median | 1,408,000 | |
| Standard Deviation | 48,270,172 | |
| Sample Variance | 2330T | |
| Range | 208.1M | |
| R-Value | 0.48 | |
| Mean Square Error | 1905.9T | |
| R-Squared | 0.23 | |
| Significance | 0.05 | |
| Slope | 4,615,633 | |
| Total Sum of Squares | 37280.2T |
TOP Net Income History
Other Fundumenentals of TOP Ships
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
TOP Ships Net Income component correlations
TOP Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for TOP Ships is extremely important. It helps to project a fair market value of TOP Stock properly, considering its historical fundamentals such as Net Income. Since TOP Ships' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TOP Ships' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TOP Ships' interrelated accounts and indicators.
Click cells to compare fundamentals
Is there potential for Oil & Gas Storage & Transportation market expansion? Will TOP introduce new products? Factors like these will boost the valuation of TOP Ships. If investors know TOP will grow in the future, the company's valuation will be higher. Understanding fair value requires weighing current performance against future potential. All the valuation information about TOP Ships listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.9 | Earnings Share 2.3 | Revenue Per Share | Quarterly Revenue Growth 0.041 | Return On Assets |
The market value of TOP Ships is measured differently than its book value, which is the value of TOP that is recorded on the company's balance sheet. Investors also form their own opinion of TOP Ships' value that differs from its market value or its book value, called intrinsic value, which is TOP Ships' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because TOP Ships' market value can be influenced by many factors that don't directly affect TOP Ships' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TOP Ships' value and its price as these two are different measures arrived at by different means. Investors typically determine if TOP Ships is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, TOP Ships' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
TOP Ships 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TOP Ships' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TOP Ships.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in TOP Ships on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding TOP Ships or generate 0.0% return on investment in TOP Ships over 90 days. TOP Ships is related to or competes with Performance Shipping, Pyxis Tankers, Vantage Corp, Intercont Limited, Globus Maritime, Castor Maritime, and XTI Aerospace. The companys medium range tanker vessels transport crude oil, petroleum products, and bulk liquid chemicals More
TOP Ships Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TOP Ships' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TOP Ships upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.61 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 3.65 |
TOP Ships Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOP Ships' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOP Ships' standard deviation. In reality, there are many statistical measures that can use TOP Ships historical prices to predict the future TOP Ships' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.28) |
TOP Ships January 30, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.27) | |||
| Mean Deviation | 1.85 | |||
| Coefficient Of Variation | (1,107) | |||
| Standard Deviation | 2.62 | |||
| Variance | 6.87 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.28) | |||
| Maximum Drawdown | 11.61 | |||
| Value At Risk | (4.23) | |||
| Potential Upside | 3.65 | |||
| Skewness | 0.8569 | |||
| Kurtosis | 2.6 |
TOP Ships Backtested Returns
TOP Ships owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0908, which indicates the firm had a -0.0908 % return per unit of standard deviation over the last 3 months. TOP Ships exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TOP Ships' variance of 6.87, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of 0.87, which indicates possible diversification benefits within a given portfolio. TOP Ships returns are very sensitive to returns on the market. As the market goes up or down, TOP Ships is expected to follow. At this point, TOP Ships has a negative expected return of -0.25%. Please make sure to validate TOP Ships' maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if TOP Ships performance from the past will be repeated at some future point.
Auto-correlation | 0.04 |
Virtually no predictability
TOP Ships has virtually no predictability. Overlapping area represents the amount of predictability between TOP Ships time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TOP Ships price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current TOP Ships price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
TOP Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, TOP Ships reported net income of 5.03 M. This is 98.06% lower than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net income for all United States stocks is 99.12% higher than that of the company.
TOP Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TOP Ships' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TOP Ships could also be used in its relative valuation, which is a method of valuing TOP Ships by comparing valuation metrics of similar companies.TOP Ships is currently under evaluation in net income category among its peers.
TOP Ships Current Valuation Drivers
We derive many important indicators used in calculating different scores of TOP Ships from analyzing TOP Ships' financial statements. These drivers represent accounts that assess TOP Ships' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of TOP Ships' important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 33.5M | 3.9M | 28.1M | 27.9M | 25.1M | 14.4M | |
| Enterprise Value | 215.4M | 244.2M | 248.0M | 271.7M | 244.5M | 181.2M |
TOP Ships ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TOP Ships' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TOP Ships' managers, analysts, and investors.Environmental | Governance | Social |
TOP Ships Institutional Holders
Institutional Holdings refers to the ownership stake in TOP Ships that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of TOP Ships' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing TOP Ships' value.| Shares | Gotham Asset Management, Llc | 2025-06-30 | 28.3 K | Dimensional Fund Advisors, Inc. | 2025-06-30 | 16.7 K | Cetera Investment Advisers | 2025-06-30 | 15.2 K | Ubs Group Ag | 2025-06-30 | 2.3 K | Morgan Stanley - Brokerage Accounts | 2025-06-30 | 946 | Federation Des Caisses Desjardins Du Quebec | 2025-06-30 | 704 | Tower Research Capital Llc | 2025-06-30 | 506 | Advisor Group Holdings, Inc. | 2025-06-30 | 4.0 | Jpmorgan Chase & Co | 2025-06-30 | 2.0 | Oarsman Capital, Inc | 2025-03-31 | 0.0 | Sbi Securities Co Ltd | 2025-03-31 | 0.0 |
TOP Fundamentals
| Return On Equity | 0.0794 | |||
| Return On Asset | 0.0465 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.42 % | |||
| Current Valuation | 286.06 M | |||
| Shares Outstanding | 4.63 M | |||
| Shares Owned By Insiders | 72.88 % | |||
| Shares Owned By Institutions | 1.35 % | |||
| Number Of Shares Shorted | 90.08 K | |||
| Price To Earning | 0.83 X | |||
| Price To Book | 0.18 X | |||
| Price To Sales | 0.27 X | |||
| Revenue | 86.13 M | |||
| Gross Profit | 55.75 M | |||
| EBITDA | 50.05 M | |||
| Net Income | 5.03 M | |||
| Cash And Equivalents | 14.27 M | |||
| Cash Per Share | 6.05 X | |||
| Total Debt | 251.41 M | |||
| Debt To Equity | 1.43 % | |||
| Current Ratio | 0.47 X | |||
| Book Value Per Share | 27.48 X | |||
| Cash Flow From Operations | 17.32 M | |||
| Short Ratio | 1.08 X | |||
| Earnings Per Share | 2.30 X | |||
| Target Price | 29.0 | |||
| Beta | 2.22 | |||
| Market Capitalization | 23.85 M | |||
| Total Asset | 422.77 M | |||
| Retained Earnings | (306.71 M) | |||
| Working Capital | (9.76 M) | |||
| Current Asset | 5.27 M | |||
| Current Liabilities | 18.27 M | |||
| Net Asset | 422.77 M |
About TOP Ships Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TOP Ships's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TOP Ships using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TOP Ships based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for TOP Stock Analysis
When running TOP Ships' price analysis, check to measure TOP Ships' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TOP Ships is operating at the current time. Most of TOP Ships' value examination focuses on studying past and present price action to predict the probability of TOP Ships' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TOP Ships' price. Additionally, you may evaluate how the addition of TOP Ships to your portfolios can decrease your overall portfolio volatility.