Torm PLC Class A
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 (TRMD) - Net Assets
Latest net assets as of September 2025: $2.14 Billion USD
Based on the latest financial reports, Torm PLC Class A (TRMD) has net assets worth $2.14 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.19 Billion) and total liabilities ($1.04 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.14 Billion |
| % of Total Assets | 67.32% |
| Annual Growth Rate | N/A |
| 5-Year Change | 103.92% |
| 10-Year Change | 112.59% |
| Growth Volatility | 78.19 |
Torm PLC Class A - Net Assets Trend (1998–2024)
This chart illustrates how Torm PLC Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Torm PLC Class A (1998–2024)
The table below shows the annual net assets of Torm PLC Class A from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.07 Billion | +24.54% |
| 2023-12-31 | $1.67 Billion | +10.79% |
| 2022-12-31 | $1.50 Billion | +42.91% |
| 2021-12-31 | $1.05 Billion | +3.41% |
| 2020-12-31 | $1.02 Billion | +0.97% |
| 2019-12-31 | $1.01 Billion | +18.94% |
| 2018-12-31 | $847.21 Million | +7.10% |
| 2017-12-31 | $791.05 Million | +1.34% |
| 2016-12-31 | $780.58 Million | -20.02% |
| 2015-12-31 | $975.98 Million | +695.13% |
| 2014-12-31 | $-164.00 Million | -239.32% |
| 2013-12-31 | $117.71 Million | -55.97% |
| 2012-12-31 | $267.34 Million | -58.48% |
| 2011-12-31 | $643.85 Million | -42.27% |
| 2010-12-31 | $1.12 Billion | -10.54% |
| 2009-12-31 | $1.25 Billion | -2.52% |
| 2008-12-31 | $1.28 Billion | +18.29% |
| 2007-12-31 | $1.08 Billion | -15.58% |
| 2006-12-31 | $1.28 Billion | +41.58% |
| 2005-12-31 | $904.65 Million | +52.04% |
| 2004-12-31 | $595.01 Million | +202.39% |
| 2003-12-31 | $196.77 Million | +131.37% |
| 2002-12-31 | $85.04 Million | -48.27% |
| 2001-12-31 | $164.38 Million | +207.83% |
| 2000-12-31 | $-152.44 Million | -55.62% |
| 1998-12-31 | $-97.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Torm PLC Class A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 147150000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.47 Billion | 70.95% |
| Common Stock | $1.00 Million | 0.05% |
| Other Comprehensive Income | $334.70 Million | 16.14% |
| Other Components | $266.80 Million | 12.86% |
| Total Equity | $2.07 Billion | 100.00% |
Torm PLC Class A Competitors by Market Cap
The table below lists competitors of Torm PLC Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asmedia Technology Inc
TW:5269
|
$1.46 Billion |
|
FRANKS INTL N.V. EO -01
F:FK2
|
$1.46 Billion |
|
Mind Medicine Inc
NASDAQ:MNMD
|
$1.46 Billion |
|
Ajanta Pharma Limited
NSE:AJANTPHARM
|
$1.46 Billion |
|
Nanjing ESTUN Automation Co Ltd
SHE:002747
|
$1.46 Billion |
|
Zhejiang Merit Interactive Network Technology Co Ltd Class A
SHE:300766
|
$1.46 Billion |
|
Yelp Inc
NYSE:YELP
|
$1.46 Billion |
|
BrightGene Bio Medical Technology C
SHG:688166
|
$1.46 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Torm PLC Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,664,100,000 to 2,074,000,000, a change of 409,900,000 (24.6%).
- Net income of 612,500,000 contributed positively to equity growth.
- Dividend payments of 528,032,969 reduced retained earnings.
- Other comprehensive income increased equity by 309,500,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $612.50 Million | +29.53% |
| Dividends Paid | $528.03 Million | -25.46% |
| Other Comprehensive Income | $309.50 Million | +14.92% |
| Other Changes | $15.93 Million | +0.77% |
| Total Change | $- | 24.63% |
Book Value vs Market Value Analysis
This analysis compares Torm PLC Class A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.17x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $3.04 | $24.85 | x |
| 2000-12-31 | $2.77 | $24.85 | x |
| 2001-12-31 | $3.43 | $24.85 | x |
| 2002-12-31 | $5.00 | $24.85 | x |
| 2003-12-31 | $8.58 | $24.85 | x |
| 2004-12-31 | $16.23 | $24.85 | x |
| 2005-12-31 | $19.43 | $24.85 | x |
| 2006-12-31 | $27.67 | $24.85 | x |
| 2007-12-31 | $23.36 | $24.85 | x |
| 2008-12-31 | $27.59 | $24.85 | x |
| 2009-12-31 | $27.01 | $24.85 | x |
| 2010-12-31 | $24.13 | $24.85 | x |
| 2011-12-31 | $13.89 | $24.85 | x |
| 2012-12-31 | $4.53 | $24.85 | x |
| 2013-12-31 | $2.45 | $24.85 | x |
| 2014-12-31 | $-2.97 | $24.85 | x |
| 2015-12-31 | $18.88 | $24.85 | x |
| 2016-12-31 | $12.41 | $24.85 | x |
| 2017-12-31 | $12.76 | $24.85 | x |
| 2018-12-31 | $11.59 | $24.85 | x |
| 2019-12-31 | $13.62 | $24.85 | x |
| 2020-12-31 | $13.69 | $24.85 | x |
| 2021-12-31 | $13.47 | $24.85 | x |
| 2022-12-31 | $18.13 | $24.85 | x |
| 2023-12-31 | $19.19 | $24.85 | x |
| 2024-12-31 | $21.54 | $24.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Torm PLC Class A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 29.53%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.28%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.67x
- Recent ROE (29.53%) is above the historical average (0.19%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 22.79% | 11.37% | 2.00x | 1.00x | $17.21 Million |
| 2001 | 27.01% | 14.57% | 0.77x | 2.41x | $28.34 Million |
| 2002 | 27.65% | 24.40% | 1.13x | 1.00x | $42.87 Million |
| 2003 | 42.65% | 54.51% | 0.78x | 1.00x | $136.08 Million |
| 2004 | 52.76% | 87.86% | 0.60x | 1.00x | $336.90 Million |
| 2005 | 33.09% | 50.84% | 0.33x | 2.00x | $208.90 Million |
| 2006 | 18.31% | 38.80% | 0.29x | 1.63x | $106.43 Million |
| 2007 | 73.22% | 96.35% | 0.28x | 2.74x | $683.55 Million |
| 2008 | 28.25% | 30.88% | 0.35x | 2.59x | $233.46 Million |
| 2009 | -1.39% | -2.04% | 0.26x | 2.59x | $-142.03 Million |
| 2010 | -12.13% | -15.74% | 0.26x | 2.95x | $-246.79 Million |
| 2011 | -70.36% | -34.34% | 0.47x | 4.32x | $-517.39 Million |
| 2012 | -217.19% | -51.79% | 0.48x | 8.81x | $-607.38 Million |
| 2013 | -137.83% | -16.35% | 0.49x | 17.06x | $-174.00 Million |
| 2014 | 0.00% | -45.53% | 0.45x | 0.00x | $-267.78 Million |
| 2015 | 12.91% | 23.31% | 0.29x | 1.91x | $28.39 Million |
| 2016 | -18.25% | -20.95% | 0.43x | 2.01x | $-220.55 Million |
| 2017 | 0.30% | 0.37% | 0.40x | 2.08x | $-76.70 Million |
| 2018 | -4.11% | -5.47% | 0.37x | 2.02x | $-119.50 Million |
| 2019 | 16.48% | 23.97% | 0.35x | 1.99x | $65.25 Million |
| 2020 | 8.66% | 11.79% | 0.37x | 1.96x | $-13.63 Million |
| 2021 | -4.00% | -6.79% | 0.27x | 2.22x | $-147.31 Million |
| 2022 | 37.49% | 38.99% | 0.55x | 1.74x | $412.66 Million |
| 2023 | 38.96% | 42.64% | 0.53x | 1.72x | $481.89 Million |
| 2024 | 29.53% | 39.28% | 0.45x | 1.67x | $405.10 Million |
Industry Comparison
This section compares Torm PLC Class A's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $1,230,397,219
- Average return on equity (ROE) among peers: 2202.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Torm PLC Class A (TRMD) | $2.14 Billion | 22.79% | 0.49x | $1.46 Billion |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| ATGPF (ATGPF) | $7.86 Billion | 8.56% | 1.98x | $4.11 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |