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. Check TRMD-A strategic asset allocation to assess the company's strategic physical and investment asset allocation.

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 net asset quality index to measure how much of total assets are equity-financed.

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
FLEX LNG Ltd
OL:FLNG
Oil & Gas Midstream 16.38%
FRONTLINE PLC DL 1
F:HF6
Oil & Gas Midstream 0.04%
Gibson Energy Inc.
TO:GEI
Oil & Gas Midstream 1.21%
FLEX LNG Ltd
NYSE:FLNG
Oil & Gas Midstream 0.33%
Marine Petroleum Trust
NASDAQ:MARPS
Oil & Gas Midstream 11894.36%
Transportadora de Gas del Norte SA Class C
BA:TGNO4
Oil & Gas Midstream 13.03%
Fluxys Belgium
BR:FLUX
Oil & Gas Midstream 1.79%
CMB.TECH NV
BR:CMBT
Oil & Gas Midstream -0.05%

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
$3.03 Billion
Dkr19.38 Billion DKK
Market Cap Rank
#4989 Global
#31 in Denmark
Share Price
Dkr191.30
Change (1 day)
-0.05%
52-Week Range
Dkr104.60 - Dkr220.60
All Time High
Dkr264.68
About

TORM plc, a shipping company, owns and operates a fleet of product tankers in the United Kingdom. It operates in two segments, Tanker and Marine Engineering. The Tanker segment transports refined oil products, such as gasoline, jet fuel, kerosene, naphtha, and gas oil, as well as dirty petroleum products, including fuel oil. The Marine Engineering segment engages in developing and producing advan… Read more