CSIMarket
 


Torm Plc  (NASDAQ: TRMD)
Other Ticker:  
 

Torm Plc's Total Debt to Equity

TRMD's quarterly Total Debt to Equity and Total Debt, Equity growth

 


Due to debt repayement of 0% Torm Plc improved Total Debt to Equity in forth quarter 2023 to 0.53, a new company low.

Within Marine Transportation industry in the forth quarter 2023, 14 other companies have achieved lower Total Debt to Equity than Torm Plc in the Q4 2023. While Total Debt to Equity total ranking has deteriorated compared to the third quarter 2023 from 1407 to 1617 .

Explain Debt to Equity Ratio?
How much Total Debts TRMD´s has?
What are TRMD´s Equity?


TRMD Total Debt to Equity (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 Debt Change 4.34 % 4.34 % 4.34 % 4.34 % -24.89 %
Total Debt to Equity MRQ 0.53 0.53 0.53 0.53 0.57
TRMD's Total Ranking # 1617 # 1407 # 1417 # 1419 # 1476
Seq. Equity Change 0 % 0 % 0 % 10.79 % 0 %
Seq. Total Debt Change 0 % 0 % 0 % 4.34 % 0 %



Total Debt to Equity forth quarter 2023 Company Ranking
Within: No.
Marine Transportation Industry # 15
Transportation Sector # 31
Overall Market # 1617


Total Debt to Equity Statistics
High Average Low
1.08 0.78 0.53
(Dec 31 2021)   (Dec 31 2023)




Financial Statements
Torm Plc's Equity $ 1,666 Millions Visit TRMD's Balance sheet
Torm Plc's Total Debt $ 890 Millions Visit TRMD's Balance sheet
Source of TRMD's Sales Visit TRMD's Sales by Geography


Cumulative Torm Plc's Total Debt to Equity

TRMD's Total Debt to Equity for the trailling 12 Months

TRMD Total Debt to Equity

(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 Debt TTM Growth 4.34 % -4.64 % -12.35 % -19.03 % -24.89 %
Total Debt to Equity TTM 0.53 0.54 0.55 0.56 0.57
Total Ranking TTM # 95 # 85 # 96 # 87 # 2045
Seq. Equity TTM Growth 2.5 % 2.56 % 2.63 % 2.7 % 8.12 %
Seq. Total Debt TTM Growth 1.05 % 1.06 % 1.07 % 1.09 % -7.65 %


On the trailing twelve months basis Due to debt repayement of 0% Torm Plc decreased Total Debt to Equity in the 12 months ending in Q4 2023 to 0.53, a new company low.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Marine Transportation industry TRMD recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the Q4 2023, compared to the prior period, from 85 to 95.

Explain Debt to Equity Ratio?
How much Total Debts TRMD´s has?
What are TRMD´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Marine Transportation Industry # 0
Transportation Sector # 0
Within the Market # 95


trailing twelve months Total Debt to Equity Statistics
High Average Low
1.08 0.78 0.53
(Dec 31 2021)   (Dec 31 2023)




Companies with similar Total Debt to Equity in the quarter ending Dec 31 2023, within Marine Transportation Industry Total Debt to EquityDec 31 2023 MRQ Total DebtDec 31 2023 MRQ Equity
Frontline Plc  1.40 $ 3,194.464  Millions$ 2,277.346  Millions
Freight Technologies Inc   1.17 $ 3.062  Millions$ 2.627  Millions
Overseas Shipholding Group Inc   1.13 $ 400.711  Millions$ 354.053  Millions
C h Robinson Worldwide Inc   1.11 $ 1,580.487  Millions$ 1,418.697  Millions
Diana Shipping Inc   1.04 $ 510.643  Millions$ 489.021  Millions
Costamare Inc   0.96 $ 2,346.220  Millions$ 2,438.760  Millions
Seanergy Maritime Holdings Corp   0.92 $ 210.790  Millions$ 228.445  Millions
Unique Logistics International Inc   0.76 $ 9.233  Millions$ 12.171  Millions
Star Bulk Carriers Corp   0.73 $ 1,219.164  Millions$ 1,660.070  Millions
Global Ship Lease Inc   0.69 $ 812.428  Millions$ 1,184.388  Millions
Dorian Lpg Ltd   0.63 $ 618.120  Millions$ 984.058  Millions
Navigator Holdings Ltd   0.62 $ 762.302  Millions$ 1,233.074  Millions
Torm Plc  0.53 $ 889.912  Millions$ 1,665.983  Millions
Grindrod Shipping Holdings Ltd   0.50 $ 123.639  Millions$ 246.120  Millions
Euroseas Ltd   0.49 $ 130.001  Millions$ 266.575  Millions
Dht Holdings Inc   0.39 $ 398.425  Millions$ 1,031.667  Millions
Scorpio Tankers Inc   0.37 $ 939.188  Millions$ 2,553.706  Millions
Pangaea Logistics Solutions Ltd   0.27 $ 99.198  Millions$ 370.196  Millions
Globus Maritime Limited  0.26 $ 45.759  Millions$ 175.970  Millions
Eagle Bulk Shipping Inc   0.26 $ 153.690  Millions$ 600.218  Millions
Performance Shipping Inc   0.24 $ 54.886  Millions$ 233.184  Millions
Stealthgas Inc   0.22 $ 123.543  Millions$ 549.664  Millions
Hub Group Inc   0.21 $ 350.682  Millions$ 1,634.645  Millions
Genco Shipping and Trading Limited  0.21 $ 190.169  Millions$ 914.646  Millions

Date modified: 2024-03-08T12:52:29+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com