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. Read debt load of TORM plc for a breakdown of total debt and financial obligations.

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. See TORM plc shareholders equity for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see how much is TORM plc worth.

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
Excelerate Energy Inc NYSE:EE	Oil & Gas Midstream	12.36%
Teekay Corporation NYSE:TK	Oil & Gas Midstream	41.30%
Transportadora de Gas del Norte SA Class C BA:TGNO4	Oil & Gas Midstream	11.26%
CMB.TECH NV BR:CMBT	Oil & Gas Midstream	-0.05%
Fluxys Belgium BR:FLUX	Oil & Gas Midstream	1.79%
Enbridge Inc TO:ENB	Oil & Gas Midstream	0.50%
TC Energy Corp TO:TRP	Oil & Gas Midstream	1.55%
Pembina Pipeline Corp TO:PPL	Oil & Gas Midstream	0.42%

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

$3.24 Billion

Dkr20.71 Billion DKK

Market Cap Rank

#4705 Global

#29 in Denmark

Share Price

Dkr204.40

Change (1 day)

+0.10%

52-Week Range

Dkr104.60 - Dkr204.60

All Time High

Dkr264.68