Top Ships Inc risk profile
37 Normal where most of the sector sits
Measured 1 September 2026 from TOPS's filed statements. Recomputed nightly.
37 (Normal), driven by Market expectation at 83, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 83 | Acute | Volatile | One-year price volatility — 83.3% |
| Operating pressure | 57 | Elevated | Worsening | Operating-margin drift — -7.7 percentage points |
| Cash conversion | 14 | Contained | Worsening | Capital spending against operating cash — 0.35x |
| Leverage and coverage | 71 | Stretched | Stable | Net debt to EBITDA — 4.78x |
| Competitive position | 11 | Contained | Stable | Revenue-growth gap against peers — +27.3 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.