Jacob Meldgaard - TORM Plc CEO Director

TRMD-A Stock  DKK 145.00  0.80  0.55%   

Insider

Jacob Meldgaard is CEO Director of TORM plc
Age 55
Phone44 2037 134 560
Webhttps://www.torm.com

TORM Plc Management Efficiency

The company has return on total asset (ROA) of 0.0969 % which means that it generated a profit of $0.0969 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2657 %, meaning that it generated $0.2657 on every $100 dollars invested by stockholders. TORM Plc's management efficiency ratios could be used to measure how well TORM Plc manages its routine affairs as well as how well it operates its assets and liabilities.
TORM plc has accumulated 926.4 M in total debt with debt to equity ratio (D/E) of 84.7, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TORM plc has a current ratio of 1.67, which is within standard range for the sector. Debt can assist TORM Plc until it has trouble settling it off, either with new capital or with free cash flow. So, TORM Plc's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TORM plc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TORM to invest in growth at high rates of return. When we think about TORM Plc's use of debt, we should always consider it together with cash and equity.

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TORM plc, a product tanker company, transports refined oil products worldwide. The company was founded in 1889 and is based in London, the United Kingdom. TORM plc operates under Shipping Ports classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 447 people. TORM plc (TRMD-A) is traded on Copenhagen Exchange in Denmark and employs 439 people.

Management Performance

TORM plc Leadership Team

Elected by the shareholders, the TORM Plc's board of directors comprises two types of representatives: TORM Plc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TORM. The board's role is to monitor TORM Plc's management team and ensure that shareholders' interests are well served. TORM Plc's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TORM Plc's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lars Christensen, VP Projects
Jacob Meldgaard, CEO Director
Andreas AbildgaardHein, Head VP
Jesper Jensen, VP Division
Morten Agdrup, VP Strategy
Kim Balle, Chief Officer

TORM Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is TORM Plc a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with TORM Plc

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TORM Plc position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TORM Plc will appreciate offsetting losses from the drop in the long position's value.

Moving against TORM Stock

  0.73MAERSK-B AP MllerPairCorr
  0.73MAERSK-A AP MllerPairCorr
  0.61DSV DSV Panalpina ASPairCorr
  0.48NDA-DK Nordea Bank AbpPairCorr
The ability to find closely correlated positions to TORM Plc could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TORM Plc when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TORM Plc - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TORM plc to buy it.
The correlation of TORM Plc is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TORM Plc moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TORM plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TORM Plc can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in TORM Stock

TORM Plc financial ratios help investors to determine whether TORM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TORM with respect to the benefits of owning TORM Plc security.