TOP Historical Cash Flow
| TOPS Stock | USD 7.85 0.15 1.95% |
Analysis of TOP Ships cash flow over time is an excellent tool to project TOP Ships future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Other Non Cash Items of 12.9 M or Dividends Paid of 5.7 M as it is a great indicator of TOP Ships ability to facilitate future growth, repay debt on time or pay out dividends.
Financial Statement Analysis is much more than just reviewing and examining TOP Ships latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TOP Ships is a good buy for the upcoming year.
TOP |
About TOP Cash Flow Analysis
The Cash Flow Statement is a financial statement that shows how changes in TOP balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which TOP's non-liquid assets can be easily converted into cash.
TOP Ships Cash Flow Chart
Add Fundamental
Depreciation
Depreciation indicates how much of TOP Ships value has been used up. For tax purposes TOP Ships can deduct the cost of the tangible assets it purchases as business expenses. However, TOP Ships must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Dividends Paid
The total amount of dividends that a company has paid out to its shareholders over a specific period.Most accounts from TOP Ships' cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts one by one will only give a small insight into TOP Ships current financial condition. On the other hand, looking into the entire matrix of cash flow statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TOP Ships. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy TOP Stock please use our How to Invest in TOP Ships guide.At this time, TOP Ships' Change In Cash is comparatively stable compared to the past year. Free Cash Flow is likely to gain to about 28.6 M in 2024, whereas Begin Period Cash Flow is likely to drop slightly above 19.1 M in 2024.
TOP Ships cash flow statement Correlations
Click cells to compare fundamentals
TOP Ships Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TOP Ships cash flow statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 5.6M | 10.1M | (17.0M) | 18.2M | 15.4M | 16.2M | |
| Free Cash Flow | (184.0M) | (114.8M) | (99.5M) | (183.3M) | 27.3M | 28.6M | |
| Change In Working Capital | 4.7M | (3.0M) | (10.9M) | (9.8M) | (5.5M) | (5.2M) | |
| Begin Period Cash Flow | 7.7M | 13.3M | 23.3M | 6.4M | 20.5M | 19.1M | |
| Other Cashflows From Financing Activities | 520.2M | 47.5M | 73.7M | 212.2M | (29.2M) | (27.7M) | |
| Depreciation | 12.4M | 13.2M | 15.6M | 21.9M | 14.3M | 13.7M | |
| Other Non Cash Items | 3.6M | 6.2M | 840K | 2.4M | 12.3M | 12.9M | |
| Capital Expenditures | 63.6M | 203.2M | 120.8M | 115.5M | 216.7M | 0.0 | |
| Total Cash From Operating Activities | 19.2M | 6.0M | 16.1M | 33.4M | 27.3M | 28.6M | |
| Change To Account Receivables | 173K | 642K | (76K) | 68K | (309K) | (324.5K) | |
| Net Income | (14.8M) | (22.8M) | 8.6M | 18.9M | 6.1M | 6.4M | |
| Total Cash From Financing Activities | 189.7M | (177.3M) | 43.6M | 127.4M | (16.0M) | (15.2M) | |
| End Period Cash Flow | 13.3M | 23.3M | 6.4M | 24.5M | 36.0M | 22.6M | |
| Change To Liabilities | (1.2M) | (291K) | 4.8M | (3.3M) | 1.5M | 0.0 | |
| Change To Inventory | (385K) | 334K | (157K) | (355K) | 111K | 105.5K | |
| Sale Purchase Of Stock | (14.3M) | (24.6M) | 0.0 | (16.2M) | (26.3M) | (25.0M) | |
| Total Cashflows From Investing Activities | (68.4M) | (203.3M) | 181.3M | (76.7M) | (69.0M) | (65.5M) | |
| Investments | (203.3M) | (7.9M) | (76.7M) | (142.7M) | 2.5M | 2.6M | |
| Net Borrowings | 61.2M | 189.0M | (209.4M) | 46.5M | 41.8M | 25.3M | |
| Change To Operating Activities | 2.4M | 139K | (604K) | (12.1M) | (10.9M) | (10.3M) | |
| Change To Netincome | (2.3M) | 14.7M | 12.3M | 1.8M | 2.1M | 3.3M | |
| Issuance Of Capital Stock | 18.9M | 129.7M | 0.0 | 70.3M | 13.6M | 12.9M |
Thematic Opportunities
Explore Investment Opportunities
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.