|
Torm Plc's Leverage Ratio
TRMD's quarterly Leverage Ratio and Total Liabilities, Equity growth
Due to repayements of liabilities of 0% Torm Plc improved Leverage Ratio in forth quarter 2023 to 0.72, a new company low.
Within Marine Transportation industry in the forth quarter 2023, 20 other companies have achieved lower Leverage Ratio than Torm Plc in the Q4 2023. While Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 1239 to 1543 .
Explain Leverage Ratio?
How much Total Liabilitiess TRMD´s has?
|
Select the Comparisons :
|
|
Select the Ratio:
|
|
| TRMD Leverage Ratio |
(Dec 31 2023)
Q4 |
0
Q3 |
0
Q2 |
0
Q1 |
(Dec 31 2022)
Q4 |
| Y / Y Equity Change |
10.79 % |
10.79 % |
10.79 % |
10.79 % |
42.91 % |
| Y / Y Total Liabilities Change |
8.43 % |
8.43 % |
8.43 % |
8.43 % |
-13.16 % |
| Leverage Ratio MRQ |
0.72 |
0.72 |
0.72 |
0.72 |
0.74 |
| TRMD's Total
Ranking |
# 1543 |
# 1239 |
# 1252 |
# 1252 |
# 1806 |
| Seq. Equity Change |
0 % |
0 % |
0 % |
10.79 % |
0 % |
| Seq. Total Liabilities Change |
0 % |
0 % |
0 % |
8.43 % |
0 % |
| Leverage Ratio forth quarter 2023 Company Ranking |
| Within: |
No. |
| Marine Transportation Industry |
# 21 |
| Transportation Sector |
# 33 |
| Overall Market |
# 1543 |
| Leverage Ratio Statistics |
| High |
Average |
Low |
| 1.22 |
0.94 |
0.72 |
| (Dec 31 2021) |
|
(Dec 31 2023) |
Cumulative Torm Plc's Leverage Ratio
TRMD's Leverage Ratio for the trailling 12 Months
TRMD Leverage Ratio |
(Dec 31 2023)
12 Months |
0
12 Months |
0
12 Months |
0
12 Months |
(Dec 31 2022)
12 Months |
| Y / Y Equity TTM Growth |
10.79 % |
16.87 % |
24.02 % |
32.55 % |
42.91 % |
| Y / Y Total Liabilities TTM Growth |
8.43 % |
2.44 % |
-3.12 % |
-8.31 % |
-13.16 % |
| Leverage Ratio TTM |
0.72 |
0.73 |
0.73 |
0.73 |
0.74 |
| Total Ranking TTM |
# 95
| # 11
| # 11
| # 11
| # 131
|
| Seq. Equity TTM Growth |
2.5 % |
2.56 % |
2.63 % |
2.7 % |
8.12 % |
| Seq. Total Liabilities TTM Growth |
1.98 % |
2.02 % |
2.07 % |
2.11 % |
-3.65 % |
On the trailing twelve months basis Due to repayements of liabilities of 0% Torm Plc decreased Leverage Ratio in the 12 months ending in Q4 2023 to 0.72, below the company's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Marine Transportation industry TRMD recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has deteriorated during the twelve months ending in the Q4 2023, compared to the prior period, from 11 to 95.
Explain Leverage Ratio?
How much Total Liabilitiess TRMD´s has?
| TTM Leverage Ratio Company Ranking |
| Within: |
No. |
| Within the Marine Transportation Industry |
# 0 |
| Transportation Sector |
# 0 |
| Within the Market |
# 95 |
| trailing twelve months Leverage Ratio Statistics |
| High |
Average |
Low |
| 1.08 |
0.78 |
0.53 | | (Dec 31 2021) |
|
(Dec 31 2023) |
| Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Marine Transportation Industry | Leverage Ratio | Dec 31 2023 MRQ Total Liabilities | Dec 31 2023 MRQ Equity | | Top Ships Inc | 1.93 | $ 269.489 Millions | $ 139.464 Millions | | Okeanis Eco Tankers Corp | 1.77 | $ 720.983 Millions | $ 408.132 Millions | | Frontline Plc | 1.58 | $ 3,605.420 Millions | $ 2,277.346 Millions | | Costamare Inc | 1.11 | $ 2,701.138 Millions | $ 2,438.760 Millions | | Diana Shipping Inc | 1.10 | $ 537.612 Millions | $ 489.021 Millions | | Seanergy Maritime Holdings Corp | 1.09 | $ 248.878 Millions | $ 228.445 Millions | | Seacor Marine Holdings Inc | 1.09 | $ 406.433 Millions | $ 374.224 Millions | | Eagle Bulk Shipping Inc | 0.91 | $ 547.736 Millions | $ 600.218 Millions | | Global Ship Lease Inc | 0.83 | $ 981.730 Millions | $ 1,184.388 Millions | | Star Bulk Carriers Corp | 0.82 | $ 1,368.185 Millions | $ 1,660.070 Millions | | Navigator Holdings Ltd | 0.82 | $ 1,012.411 Millions | $ 1,233.074 Millions | | Teekay Corporation Ltd | 0.81 | $ 1,464.360 Millions | $ 1,800.346 Millions | | Radiant Logistics Inc | 0.75 | $ 156.167 Millions | $ 207.117 Millions | | Toro Corp | 0.74 | $ 131.363 Millions | $ 176.741 Millions | | Torm Plc | 0.72 | $ 1,204.164 Millions | $ 1,665.983 Millions | | C3is Inc | 0.71 | $ 39.712 Millions | $ 55.544 Millions | | Expeditors International Of Washington Inc | 0.71 | $ 1,705.475 Millions | $ 2,391.413 Millions | | Safe Bulkers Inc | 0.69 | $ 547.305 Millions | $ 792.511 Millions | | Dorian Lpg Ltd | 0.68 | $ 668.649 Millions | $ 984.058 Millions | | Pangaea Logistics Solutions Ltd | 0.68 | $ 250.842 Millions | $ 370.196 Millions | | Scorpio Tankers Inc | 0.66 | $ 1,674.946 Millions | $ 2,553.706 Millions | | Euroseas Ltd | 0.56 | $ 150.518 Millions | $ 266.575 Millions | | Hub Group Inc | 0.55 | $ 903.784 Millions | $ 1,634.645 Millions | | Grindrod Shipping Holdings Ltd | 0.51 | $ 124.830 Millions | $ 246.120 Millions | | Dht Holdings Inc | 0.45 | $ 460.557 Millions | $ 1,031.667 Millions | | Singularity Future Technology Ltd | 0.44 | $ 2.416 Millions | $ 5.448 Millions | | Globus Maritime Limited | 0.32 | $ 55.431 Millions | $ 175.970 Millions | | Forward Air Corporation | 0.31 | $ 237.094 Millions | $ 764.261 Millions | | Ardmore Shipping Corp | 0.29 | $ 153.550 Millions | $ 537.401 Millions | | Performance Shipping Inc | 0.27 | $ 62.769 Millions | $ 233.184 Millions |
|
