Top Ships Stock Short Ratio
| TOPS Stock | USD 7.80 0.10 1.30% |
TOP Ships fundamentals help investors to digest information that contributes to TOP Ships' financial success or failures. It also enables traders to predict the movement of TOP Stock. The fundamental analysis module provides a way to measure TOP Ships' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TOP Ships stock.
TOP | Short Ratio |
TOP Ships Company Short Ratio Analysis
TOP Ships' Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current TOP Ships Short Ratio | 6.59 X |
Most of TOP Ships' fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TOP Ships is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TOP Short Ratio 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 Short Ratio. 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.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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TOP Price To Sales Ratio
Price To Sales Ratio |
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Based on the latest financial disclosure, TOP Ships has a Short Ratio of 6.59 times. This is 25.76% higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The short ratio for all United States stocks is 64.75% lower than that of the firm.
TOP Short Ratio 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 Short Ratio 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 short ratio 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.3M | 28.5M | 33.5M | 3.9M | 28.1M | 48.1M | |
| Enterprise Value | 306.9M | 156.8M | 215.4M | 261.9M | 253.0M | 255.5M |
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 | Dimensional Fund Advisors, Inc. | 2024-09-30 | 16.7 K | Cetera Investment Advisers | 2024-06-30 | 14.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 6 K | Ubs Group Ag | 2024-06-30 | 2.2 K | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 1.4 K | Oarsman Capital, Inc | 2024-09-30 | 1000 | Tower Research Capital Llc | 2024-06-30 | 622 | Jpmorgan Chase & Co | 2024-06-30 | 138 | Advisor Group Holdings, Inc. | 2024-06-30 | 4.0 | Ncp Inc. | 2024-09-30 | 1.0 | Northwestern Mutual Wealth Management Co | 2024-06-30 | 1.0 |
TOP Fundamentals
| Return On Equity | 0.0137 | |||
| Return On Asset | 0.0381 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.34 % | |||
| Current Valuation | 296.34 M | |||
| Shares Outstanding | 4.63 M | |||
| Shares Owned By Insiders | 74.80 % | |||
| Shares Owned By Institutions | 6.49 % | |||
| Number Of Shares Shorted | 90.08 K | |||
| Price To Earning | 0.83 X | |||
| Price To Book | 0.26 X | |||
| Price To Sales | 0.42 X | |||
| Revenue | 82.95 M | |||
| Gross Profit | 49.54 M | |||
| EBITDA | 43.08 M | |||
| Net Income | 6.07 M | |||
| Cash And Equivalents | 14.27 M | |||
| Cash Per Share | 6.05 X | |||
| Total Debt | 260.83 M | |||
| Debt To Equity | 1.43 % | |||
| Current Ratio | 0.47 X | |||
| Book Value Per Share | 30.55 X | |||
| Cash Flow From Operations | 27.27 M | |||
| Short Ratio | 6.59 X | |||
| Earnings Per Share | (13.56) X | |||
| Target Price | 29.0 | |||
| Beta | 1.74 | |||
| Market Capitalization | 35.62 M | |||
| Total Asset | 459.19 M | |||
| Retained Earnings | (311.74 M) | |||
| Working Capital | (2.64 M) | |||
| Current Asset | 5.27 M | |||
| Current Liabilities | 18.27 M | |||
| Net Asset | 459.19 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.