Balance Sheet Data

Top Ships Inc. (TOPS)

$13.67

-0.27 (-1.94%)

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 0.064.4119.332.3720.5413.5216.5220.1924.6730.15
Total Cash (%)
Account Receivables 1.230.6424.340.080.018.7810.7313.1116.0219.58
Account Receivables (%)
Inventories 0.590.850.510.671.031.191.451.772.172.65
Inventories (%)
Accounts Payable 4.104.462.542.311.955.426.628.099.8812.08
Accounts Payable (%)
Capital Expenditure -63.56-203.23-120.82-115.51-216.71-224.06-273.81-334.60-408.89-499.68
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.