TORM plc (TRMD-A) — Defensive Interval Ratio
TORM plc (TRMD-A) has a Defensive Interval Ratio of 308 days as of September 2025. Defensive assets of Dkr184.80 Million (cash Dkr-, short-term investments Dkr-, receivables Dkr184.80 Million) cover 308 days of daily cash needs of Dkr599.73K/day. See TORM plc (TRMD-A) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
TORM plc Defensive Interval Ratio (2000–2024)
This chart shows how TORM plc's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 308 days, meaning defensive assets of Dkr184.80 Million can fund 308 days of operations without new revenue. See TRMD-A net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for TORM plc (2000–2024)
The table below presents the year-by-year Defensive Interval Ratio for TORM plc from 2000 to 2024, covering 25 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see TORM plc (TRMD-A) total market value.
| Year | DIR (days) | Defensive Assets (DKK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 235 days | Dkr183.90 Million | Dkr781.92K/day | Dkr- | Dkr- | ▼ -55 days |
| 2023 | 290 days | Dkr211.06 Million | Dkr727.39K/day | Dkr- | Dkr43.00K | ▼ -169 days |
| 2022 | 459 days | Dkr259.48 Million | Dkr565.45K/day | Dkr- | Dkr- | ▲ +359 days |
| 2021 | 100 days | Dkr83.97 Million | Dkr841.64K/day | Dkr- | Dkr- | ▼ -9 days |
| 2020 | 109 days | Dkr58.57 Million | Dkr538.93K/day | Dkr- | Dkr- | ▼ -60 days |
| 2019 | 168 days | Dkr89.83 Million | Dkr534.08K/day | Dkr- | Dkr- | ▼ -28 days |
| 2018 | 196 days | Dkr89.80 Million | Dkr457.85K/day | Dkr- | Dkr- | ▲ +29 days |
| 2017 | 167 days | Dkr71.28 Million | Dkr427.75K/day | Dkr- | Dkr0.00 | ▼ -3 days |
| 2016 | 170 days | Dkr70.67 Million | Dkr415.88K/day | Dkr- | Dkr- | ▼ -110 days |
| 2015 | 280 days | Dkr88.88 Million | Dkr317.52K/day | Dkr- | Dkr- | ▲ +202 days |
| 2014 | 78 days | Dkr35.96 Million | Dkr463.85K/day | Dkr- | Dkr- | ▼ -52 days |
| 2013 | 130 days | Dkr92.99 Million | Dkr716.30K/day | Dkr- | Dkr- | ▼ -235 days |
| 2012 | 365 days | Dkr134.16 Million | Dkr367.59K/day | Dkr- | Dkr- | ▲ +335 days |
| 2011 | 30 days | Dkr166.21 Million | Dkr5.61 Million/day | Dkr- | Dkr- | ▼ -102 days |
| 2010 | 132 days | Dkr120.94 Million | Dkr918.17K/day | Dkr- | Dkr- | ▲ +21 days |
| 2009 | 110 days | Dkr79.31 Million | Dkr719.48K/day | Dkr- | Dkr400.00K | ▼ -50 days |
| 2008 | 160 days | Dkr202.88 Million | Dkr1.27 Million/day | Dkr- | Dkr10.70 Million | ▲ +109 days |
| 2007 | 51 days | Dkr126.90 Million | Dkr2.51 Million/day | Dkr- | Dkr- | ▼ -194 days |
| 2006 | 244 days | Dkr71.19 Million | Dkr291.29K/day | Dkr- | Dkr- | ▲ +40 days |
| 2005 | 205 days | Dkr68.26 Million | Dkr333.81K/day | Dkr- | Dkr241.00K | ▲ +21 days |
| 2004 | 183 days | Dkr57.85 Million | Dkr315.99K/day | Dkr- | Dkr57.85 Million | ▲ +25 days |
| 2003 | 158 days | Dkr53.43 Million | Dkr337.63K/day | Dkr- | Dkr53.43 Million | ▼ -39 days |
| 2002 | 197 days | Dkr49.98 Million | Dkr253.44K/day | Dkr- | Dkr49.98 Million | ▼ -155 days |
| 2001 | 352 days | Dkr68.32 Million | Dkr194.19K/day | Dkr- | Dkr68.32 Million | ▲ +91 days |
| 2000 | 261 days | Dkr60.79 Million | Dkr232.66K/day | Dkr- | Dkr60.79 Million | — |