TORM plc (TRMD-A) — Tangible Net Worth Ratio
TORM plc (TRMD-A) has a Tangible Net Worth Ratio of 99.9% as of September 2025. This metric is calculated by deducting intangible assets (Dkr2.40 Million) from net assets (Dkr2.15 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See TORM plc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TORM plc Tangible Net Worth Ratio (2001–2024)
This chart shows how TORM plc's Tangible Net Worth Ratio has changed across 22 annual periods from 2001 to 2024. As of September 2025, the ratio stands at 99.9%, reflecting net assets of Dkr2.15 Billion with intangible assets of Dkr2.40 Million DKK. See TORM plc (TRMD-A) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TORM plc (2001–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for TORM plc from 2001 to 2024, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see TORM plc market cap and net worth.
| Year | Tangible NW Ratio | Net Assets (DKK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.9% | Dkr2.07 Billion | Dkr2.00 Million | Dkr3.47 Billion | ▲ +0.0 pp |
| 2023 | 99.9% | Dkr1.67 Billion | Dkr1.85 Million | Dkr2.87 Billion | ▲ +0.0 pp |
| 2022 | 99.9% | Dkr1.50 Billion | Dkr1.94 Million | Dkr2.61 Billion | ▼ -0.1 pp |
| 2021 | 100.0% | Dkr1.05 Billion | Dkr0.00 | Dkr2.33 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Dkr1.02 Billion | Dkr0.00 | Dkr2.00 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Dkr1.01 Billion | Dkr0.00 | Dkr2.00 Billion | ▲ +0.0 pp |
| 2018 | 100.0% | Dkr847.21 Million | Dkr0.00 | Dkr1.71 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | Dkr791.05 Million | Dkr0.00 | Dkr1.65 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | Dkr780.58 Million | Dkr0.00 | Dkr1.57 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | Dkr975.98 Million | Dkr0.00 | Dkr1.87 Billion | ▲ +1.3 pp |
| 2013 | 98.7% | Dkr117.71 Million | Dkr1.50 Million | Dkr2.01 Billion | ▼ -0.3 pp |
| 2012 | 99.0% | Dkr267.34 Million | Dkr2.60 Million | Dkr2.36 Billion | ▼ -1.0 pp |
| 2011 | 100.0% | Dkr643.85 Million | Dkr0.00 | Dkr2.78 Billion | ▲ +0.2 pp |
| 2010 | 99.8% | Dkr1.12 Billion | Dkr2.09 Million | Dkr3.29 Billion | ▼ 0.0 pp |
| 2009 | 99.8% | Dkr1.25 Billion | Dkr2.27 Million | Dkr3.23 Billion | ▲ +0.0 pp |
| 2008 | 99.8% | Dkr1.28 Billion | Dkr2.45 Million | Dkr3.32 Billion | ▲ +0.5 pp |
| 2007 | 99.3% | Dkr1.08 Billion | Dkr7.48 Million | Dkr2.97 Billion | ▼ -0.7 pp |
| 2006 | 100.0% | Dkr1.28 Billion | Dkr0.00 | Dkr2.09 Billion | ▲ +0.0 pp |
| 2005 | 100.0% | Dkr904.65 Million | Dkr0.00 | Dkr1.81 Billion | ▲ +0.0 pp |
| 2004 | 100.0% | Dkr340.48 Million | Dkr0.00 | Dkr787.87 Million | ▲ +0.0 pp |
| 2003 | 100.0% | Dkr5.91 Million | Dkr0.00 | Dkr416.78 Million | ▲ +1.6 pp |
| 2001 | 98.4% | Dkr54.18 Million | Dkr857.19K | Dkr402.05 Million | — |