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Torm Plc's Tangible Leverage Ratio
TRMD's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Due to re-payment of liabilities of 0% Torm Plc improved Tangible 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 Tangible Leverage Ratio than Torm Plc in the Q4 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 1239 to 1543 .
Explain Tangible Leverage Ratio?
What is TRMD Market Share?
What are TRMD´s Total Liabilities?
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Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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| TRMD Tangible Leverage Ratio |
(Dec 31 2023)
Q4 |
0
Q3 |
0
Q2 |
0
Q1 |
(Dec 31 2022)
Q4 |
| Y / Y Tangible Equity Change |
10.81 % |
10.81 % |
10.81 % |
10.81 % |
42.74 % |
| Y / Y Total Liabilities Change |
8.43 % |
8.43 % |
8.43 % |
8.43 % |
-13.16 % |
| Tangible Leverage Ratio MRQ |
0.72 |
0.72 |
0.72 |
0.72 |
0.74 |
| TRMD's Total
Ranking |
# 1543 |
# 1239 |
# 1252 |
# 1252 |
# 1806 |
| Seq. Tangible Equity Change |
0 % |
0 % |
0 % |
10.81 % |
0 % |
| Seq. Total Liabilities Change |
0 % |
0 % |
0 % |
8.43 % |
0 % |
| Tangible Leverage Ratio forth quarter 2023 Company Ranking |
| Within: |
No. |
| Marine Transportation Industry |
# 21 |
| Transportation Sector |
# 33 |
| Overall Market |
# 1543 |
| Tangible Leverage Ratio Statistics |
| High |
Average |
Low |
| 1.22 |
0.94 |
0.72 |
| (Dec 31 2021) |
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(Dec 31 2023) |
Cumulative Torm Plc's Tangible Leverage Ratio
TRMD's Tangible Leverage Ratio for the trailling 12 Months
TRMD Tangible Leverage Ratio |
(Dec 31 2023)
12 Months |
0
12 Months |
0
12 Months |
0
12 Months |
(Dec 31 2022)
12 Months |
| Y / Y Tangible Equity TTM Growth |
10.81 % |
16.85 % |
23.96 % |
32.44 % |
42.74 % |
| Y / Y Total Liabilities TTM Growth |
8.43 % |
2.44 % |
-3.12 % |
-8.31 % |
-13.16 % |
| Tangible Leverage Ratio TTM |
0.72 |
0.73 |
0.73 |
0.74 |
0.74 |
| Total Ranking TTM |
# 95
| # 11
| # 11
| # 11
| # 131
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| Seq. Tangible Equity TTM Growth |
2.5 % |
2.56 % |
2.63 % |
2.7 % |
8.09 % |
| Seq. Total Liabilities TTM Growth |
1.98 % |
2.02 % |
2.07 % |
2.11 % |
-3.65 % |
On the trailing twelve months basis Due to re-payment of liabilities of 0% Torm Plc decreased Tangible Leverage Ratio in the 12 months ending in Q4 2023 to 0.72, below the company's average Tangible Leverage Ratio. Tangible Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Marine Transportation industry TRMD recorded the lowest Tangible Leverage Ratio. While Tangible 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 Tangible Leverage Ratio?
What is TRMD Market Share?
What are TRMD´s Total Liabilities?
| TTM Tangible Leverage Ratio Company Ranking |
| Within: |
No. |
| Within the Marine Transportation Industry |
# 0 |
| Transportation Sector |
# 0 |
| Within the Market |
# 95 |
| trailing twelve months Tangible Leverage Ratio Statistics |
| High |
Average |
Low |
| 1.08 |
0.78 |
0.53 | | (Dec 31 2021) |
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(Dec 31 2023) |
| Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Marine Transportation Industry | Tangible Leverage Ratio | Dec 31 2023 MRQ Total Liabilities | Dec 31 2023 MRQ Tangible Equity | | Top Ships Inc | 1.93 | $ 269.489 Millions | $ 139.464 Millions | | Radiant Logistics Inc | 1.81 | $ 156.167 Millions | $ 86.120 Millions | | Okeanis Eco Tankers Corp | 1.77 | $ 720.983 Millions | $ 408.132 Millions | | Frontline Plc | 1.67 | $ 3,605.420 Millions | $ 2,164.894 Millions | | Hub Group Inc | 1.52 | $ 903.784 Millions | $ 596.343 Millions | | Costamare Inc | 1.11 | $ 2,701.138 Millions | $ 2,438.491 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 | | Teekay Corporation Ltd | 0.82 | $ 1,464.360 Millions | $ 1,775.911 Millions | | Star Bulk Carriers Corp | 0.82 | $ 1,368.185 Millions | $ 1,660.070 Millions | | Navigator Holdings Ltd | 0.82 | $ 1,012.411 Millions | $ 1,232.742 Millions | | Toro Corp | 0.74 | $ 131.363 Millions | $ 176.741 Millions | | Torm Plc | 0.72 | $ 1,204.164 Millions | $ 1,664.188 Millions | | Expeditors International Of Washington Inc | 0.72 | $ 1,705.475 Millions | $ 2,383.486 Millions | | C3is Inc | 0.71 | $ 39.712 Millions | $ 55.544 Millions | | Safe Bulkers Inc | 0.69 | $ 547.305 Millions | $ 792.511 Millions | | Pangaea Logistics Solutions Ltd | 0.68 | $ 250.842 Millions | $ 367.091 Millions | | Dorian Lpg Ltd | 0.68 | $ 668.649 Millions | $ 984.058 Millions | | Forward Air Corporation | 0.68 | $ 237.094 Millions | $ 350.766 Millions | | Scorpio Tankers Inc | 0.66 | $ 1,674.946 Millions | $ 2,545.509 Millions | | Euroseas Ltd | 0.56 | $ 150.518 Millions | $ 266.575 Millions | | Grindrod Shipping Holdings Ltd | 0.52 | $ 124.830 Millions | $ 238.196 Millions | | Dht Holdings Inc | 0.45 | $ 460.557 Millions | $ 1,030.311 Millions | | Singularity Future Technology Ltd | 0.44 | $ 2.416 Millions | $ 5.448 Millions | | Globus Maritime Limited | 0.32 | $ 55.431 Millions | $ 175.970 Millions | | Ardmore Shipping Corp | 0.29 | $ 153.550 Millions | $ 537.401 Millions | | Performance Shipping Inc | 0.27 | $ 62.769 Millions | $ 233.184 Millions |
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