Balance Sheet Data

Top Ships Inc. (TOPS)

$ 0.8807
+0.00 (+0.08%)

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash 0.1324.080.064.4119.3314.9818.5322.9328.3635.09
Total Cash (%)
Account Receivables 0.170.771.230.640.981.221.501.862.302.85
Account Receivables (%)
Inventories 0.580.650.590.850.511.081.341.652.052.53
Inventories (%)
Accounts Payable 1.902.804.104.462.545.186.417.939.8112.13
Accounts Payable (%)
Capital Expenditure -73.38-41.43-63.56-203.23-120.82-152.92-189.19-234.04-289.54-358.20
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.