Torm Historical Balance Sheet
TRMD Stock | USD 20.94 0.15 0.71% |
Trend analysis of Torm PLC Class balance sheet accounts such as Liabilities And Stockholders Equity of 2 B, Non Current Liabilities Total of 910.9 M, Total Liabilities of 1.2 B or Other Current Liab of 51.8 M provides information on Torm PLC's total assets, liabilities, and equity, which is the actual value of Torm PLC Class to its prevalent stockholders. By breaking down trends over time using Torm PLC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Torm PLC Class latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Torm PLC Class is a good buy for the upcoming year.
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About Torm Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Torm PLC Class at a specified time, usually calculated after every quarter, six months, or one year. Torm PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Torm PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Torm currently owns. An asset can also be divided into two categories, current and non-current.
Torm PLC Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Torm PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Torm PLC Class books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Total Current Liabilities
Total Current Liabilities is an item on Torm PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Torm PLC Class are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Torm PLC's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Torm PLC Class current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, Torm PLC's Net Debt is projected to decrease significantly based on the last few years of reporting. The current year's Total Liabilities is expected to grow to about 1.2 B, whereas Total Stockholder Equity is forecasted to decline to about 849.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.1B | 966.9M | 1.1B | 1.1B | Total Assets | 2.3B | 2.6B | 2.9B | 2.0B |
Torm PLC balance sheet Correlations
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Torm PLC Account Relationship Matchups
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Torm PLC balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.0B | 2.3B | 2.6B | 2.9B | 2.0B | |
Short Long Term Debt Total | 855.4M | 842.4M | 1.1B | 966.9M | 1.1B | 1.1B | |
Total Stockholder Equity | 1.0B | 1.0B | 1.1B | 1.5B | 1.7B | 849.5M | |
Net Debt | 782.9M | 752.9M | 963.7M | 646.4M | 794.1M | 991.2M | |
Liabilities And Stockholders Equity | 2.0B | 2.0B | 2.3B | 2.6B | 2.9B | 2.0B | |
Non Current Liabilities Total | 801.3M | 784.5M | 971.6M | 904.1M | 938.7M | 910.9M | |
Total Liab | 996.2M | 981.2M | 1.3B | 1.1B | 1.2B | 1.2B | |
Other Current Liab | 48.8M | 78.1M | 62.0M | 38.8M | 49.1M | 51.8M | |
Total Current Liabilities | 194.9M | 196.7M | 307.2M | 206.4M | 265.5M | 323.8M | |
Current Deferred Revenue | 4K | 53.9M | 19.2M | 885K | 3.4M | 3.5M | |
Accounts Payable | 47.1M | 14.4M | 35.3M | 48.5M | 43.1M | 40.1M | |
Cash | 72.5M | 89.5M | 171.7M | 320.5M | 265.5M | 278.8M | |
Non Current Assets Total | 1.8B | 1.8B | 2.0B | 1.9B | 2.2B | 1.9B | |
Non Currrent Assets Other | 4.6M | 34K | 42K | 4.6M | 6.9M | 6.5M | |
Other Assets | 99.6M | 17.0M | 17.3M | 5.1M | (3.1M) | (3.3M) | |
Cash And Short Term Investments | 72.5M | 89.5M | 171.7M | 320.5M | 265.5M | 278.8M | |
Common Stock Shares Outstanding | 74M | 74.3M | 78.1M | 82.8M | 86.7M | 61.5M | |
Inventory | 34.8M | 22.5M | 48.8M | 72.0M | 61.7M | 34.2M | |
Other Current Assets | (32K) | 73.1M | 85.7M | 87.7M | 145.0M | 152.3M | |
Total Current Assets | 215.9M | 243.7M | 363.3M | 739.7M | 691.3M | 725.9M | |
Short Term Debt | 99.0M | 102.9M | 209M | 117.1M | 172.7M | 221.5M | |
Net Receivables | 95.5M | 58.6M | 84.0M | 259.5M | 219M | 230.0M | |
Other Stockholder Equity | 98.4M | 97.8M | 155.3M | 163.3M | 255.8M | 268.6M | |
Accumulated Other Comprehensive Income | (11.4M) | (20.3M) | (3.4M) | 39.4M | 25.1M | 29.7M | |
Property Plant And Equipment Net | 1.8B | 1.7B | 2.0B | 1.9B | 2.2B | 1.5B | |
Retained Earnings | 920.0M | 939.2M | 899.2M | 1.3B | 1.4B | 850.1M | |
Property Plant And Equipment Gross | 1.8B | 1.7B | 2.5B | 2.4B | 2.7B | 2.2B | |
Common Stock | 747K | 748K | 800K | 823K | 862K | 818.9K | |
Net Tangible Assets | 1.0B | 1.0B | 1.1B | 1.5B | 1.7B | 1.0B | |
Long Term Debt | 756.4M | 739.5M | 926.4M | 849.8M | 886.9M | 754.4M | |
Short Long Term Debt | 99.0M | 102.9M | 209M | 117.1M | 172.7M | 112.7M | |
Property Plant Equipment | 1.7B | 1.7B | 1.9B | 1.9B | 2.1B | 1.6B | |
Other Liab | 44.9M | 44.9M | 45.2M | 54.3M | 62.4M | 50.8M | |
Long Term Investments | 1.2M | 1.6M | 1.5M | 273K | 77K | 73.2K |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Torm PLC Class is a strong investment it is important to analyze Torm PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Torm PLC's future performance. For an informed investment choice regarding Torm Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Torm PLC. If investors know Torm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Torm PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 5.86 | Earnings Share 8.08 | Revenue Per Share 18.109 | Quarterly Revenue Growth 0.039 |
The market value of Torm PLC Class is measured differently than its book value, which is the value of Torm that is recorded on the company's balance sheet. Investors also form their own opinion of Torm PLC's value that differs from its market value or its book value, called intrinsic value, which is Torm PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Torm PLC's market value can be influenced by many factors that don't directly affect Torm PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Torm PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Torm PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Torm PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.