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TOP Ships (TOP Ships) Gross-Profit-to-Asset % : 4.35% (As of Dec. 2023)


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What is TOP Ships Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. TOP Ships's annualized Gross Profit for the quarter that ended in Dec. 2023 was $19.67 Mil. TOP Ships's average Total Assets over the quarter that ended in Dec. 2023 was $452.70 Mil. Therefore, TOP Ships's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 4.35%.


TOP Ships Gross-Profit-to-Asset % Historical Data

The historical data trend for TOP Ships's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TOP Ships Gross-Profit-to-Asset % Chart

TOP Ships Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.81 6.21 6.57 9.06 8.10

TOP Ships Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.66 13.14 4.14 12.14 4.35

Competitive Comparison of TOP Ships's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, TOP Ships's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TOP Ships's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TOP Ships's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where TOP Ships's Gross-Profit-to-Asset % falls into.



TOP Ships Gross-Profit-to-Asset % Calculation

TOP Ships's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=37.624/( (469.337+459.189)/ 2 )
=37.624/464.263
=8.10 %

TOP Ships's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=19.672/( (446.22+459.189)/ 2 )
=19.672/452.7045
=4.35 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


TOP Ships Gross-Profit-to-Asset % Related Terms

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TOP Ships (TOP Ships) Business Description

Industry
Traded in Other Exchanges
Address
1 Vasilisis Sofias and Megalou Alexandrou Street, Maroussi, GRC, 15124
TOP Ships Inc owns tanker vessels throughout the world. The company focuses on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. It generates revenue from the Time Charter agreements.
Executives
Ronin Capital, Llc 10 percent owner 350 N. ORLEANS, SUITE 2N, CHICAGO IL 60654