Torm PLC Class A

NASDAQ:TRMD USA Oil & Gas Midstream
Market Cap
$2.52 Billion
Market Cap Rank
#5919 Global
#3411 in USA
Share Price
$24.85
Change (1 day)
-1.74%
52-Week Range
$13.97 - $30.94
All Time High
$36.56
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

Torm PLC Class A - Asset Resilience Ratio

Latest as of June 2024: 0.13%

Torm PLC Class A (TRMD) has an Asset Resilience Ratio of 0.13% 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.

Liquid Assets
$4.49 Million
Cash + Short-term Investments
Total Assets
$3.47 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2000–2023)

This chart shows how Torm PLC Class A's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Torm PLC Class A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $4.49 Million 0.13%
Total Liquid Assets $4.49 Million 0.13%

Asset Resilience Insights

  • Limited Liquidity: Torm PLC Class A maintains only 0.13% 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 Class A Industry Peers by Asset Resilience Ratio

Compare Torm PLC Class A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Senton Energy Co. Ltd. A
SHE:001331
Oil & Gas Midstream 10.97%
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
Oil & Gas Midstream 0.01%
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
Oil & Gas Midstream 13.78%
Shanxi Guoxin Energy Co Ltd A
SHG:600617
Oil & Gas Midstream 0.11%
Nanjing Tanker Corp
SHG:601975
Oil & Gas Midstream 0.05%
Anhui Province Natural Gas Development Co Ltd
SHG:603689
Oil & Gas Midstream 0.73%
Jiangxi Jovo Energy Co. Ltd
SHG:605090
Oil & Gas Midstream 4.55%
Awilco LNG ASA
OL:ALNG
Oil & Gas Midstream 6.96%

Annual Asset Resilience Ratio for Torm PLC Class A (2000–2023)

The table below shows the annual Asset Resilience Ratio data for Torm PLC Class A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% $43.00K $2.87 Billion +0.00pp
2021-12-31 0.00% $-26.00K $2.33 Billion --
2017-12-31 0.00% $0.00 $1.65 Billion --
2009-12-31 0.01% $400.00K $3.23 Billion -0.31pp
2008-12-31 0.32% $10.70 Million $3.32 Billion +0.31pp
2005-12-31 0.01% $241.00K $1.81 Billion -7.33pp
2004-12-31 7.34% $57.85 Million $787.87 Million -5.48pp
2003-12-31 12.82% $53.43 Million $416.78 Million -7.76pp
2002-12-31 20.58% $49.98 Million $242.89 Million +3.58pp
2001-12-31 16.99% $68.32 Million $402.05 Million -28.19pp
2000-12-31 45.19% $60.79 Million $134.52 Million --
pp = percentage points