TORM plc - Asset Resilience Ratio

Latest as of June 2024: 1.01%

TORM plc (TRMD-A) has an Asset Resilience Ratio of 1.01% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See TRMD-A net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

Dkr35.10 Million

≈ $5.49 Million USD Cash + Short-term Investments

Total Assets

Dkr3.47 Billion

≈ $542.20 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2000–2023)

This chart shows how TORM plc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see TRMD-A current and non-current assets.

Liquid Assets Composition Over Time

This chart breaks down TORM plc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore TORM plc (TRMD-A) investment intensity to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	Dkr0.00	0%
Short-term Investments	Dkr35.10 Million	1.01%
Total Liquid Assets	Dkr35.10 Million	1.01%

Asset Resilience Insights

Limited Liquidity: TORM plc maintains only 1.01% of assets in liquid form.
This low level may indicate efficient asset utilization but could pose risks during economic downturns.
The company has significant short-term investments, indicating active treasury management.

TORM plc Industry Peers by Asset Resilience Ratio

Compare TORM plc's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
AltaGas Ltd TO:ALA	Oil & Gas Midstream	0.37%
Scorpio Tankers Inc NYSE:STNG	Oil & Gas Midstream	0.00%
Nanjing Tanker Corp SHG:601975	Oil & Gas Midstream	0.05%
Golar LNG Limited F:G2O	Oil & Gas Midstream	0.00%
Dorian LPG Ltd NYSE:LPG	Oil & Gas Midstream	15.07%
Shanxi Guoxin Energy Co Ltd A SHG:600617	Oil & Gas Midstream	0.11%
Permian Basin Royalty Trust NYSE:PBT	Oil & Gas Midstream	91.34%
Hunter Group ASA OL:HUNT	Oil & Gas Midstream	19.14%

Annual Asset Resilience Ratio for TORM plc (2000–2023)

The table below shows the annual Asset Resilience Ratio data for TORM plc.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.00%	Dkr43.00K ≈ $6.73K	Dkr2.87 Billion ≈ $449.06 Million	--
2017-12-31	0.00%	Dkr0.00 ≈ $0.00	Dkr1.65 Billion ≈ $257.62 Million	--
2009-12-31	0.01%	Dkr400.00K ≈ $62.58K	Dkr3.23 Billion ≈ $504.92 Million	-0.31pp
2008-12-31	0.32%	Dkr10.70 Million ≈ $1.67 Million	Dkr3.32 Billion ≈ $519.02 Million	+0.31pp
2005-12-31	0.01%	Dkr241.00K ≈ $37.71K	Dkr1.81 Billion ≈ $283.21 Million	-7.33pp
2004-12-31	7.34%	Dkr57.85 Million ≈ $9.05 Million	Dkr787.87 Million ≈ $123.27 Million	-5.48pp
2003-12-31	12.82%	Dkr53.43 Million ≈ $8.36 Million	Dkr416.78 Million ≈ $65.21 Million	-7.76pp
2002-12-31	20.58%	Dkr49.98 Million ≈ $7.82 Million	Dkr242.89 Million ≈ $38.00 Million	+3.58pp
2001-12-31	16.99%	Dkr68.32 Million ≈ $10.69 Million	Dkr402.05 Million ≈ $62.90 Million	-28.19pp
2000-12-31	45.19%	Dkr60.79 Million ≈ $9.51 Million	Dkr134.52 Million ≈ $21.05 Million	--

pp = percentage points

About TORM plc

CO:TRMD-A Denmark Oil & Gas Midstream

Market Cap

$3.53 Billion

Dkr22.54 Billion DKK

Market Cap Rank

#4452 Global

#27 in Denmark

Share Price

Dkr222.40

Change (1 day)

-2.88%

52-Week Range

Dkr123.90 - Dkr229.00

All Time High

Dkr264.68