TORM plc (TRMD-A) - Total Assets

Latest as of September 2025: Dkr3.20 Billion DKK ≈ $500.30 Million USD

Based on the latest financial reports, TORM plc (TRMD-A) holds total assets worth Dkr3.20 Billion DKK (≈ $500.30 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore TORM plc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

TORM plc - Total Assets Trend (1998–2024)

This chart illustrates how TORM plc's total assets have evolved over time, based on quarterly financial data. See TRMD-A book value for net asset value and shareholders' equity analysis.

TORM plc - Asset Composition Analysis

Current Asset Composition (December 2024)

TORM plc's total assets of Dkr3.20 Billion consist of 17.7% current assets and 82.3% non-current assets.

Asset Category	Amount (DKK)	% of Total Assets
Cash & Equivalents	Dkr0.00	7.8%
Accounts Receivable	Dkr183.90 Million	5.3%
Inventory	Dkr68.40 Million	2.0%
Property, Plant & Equipment	Dkr0.00	0.0%
Intangible Assets	Dkr2.00 Million	0.1%
Goodwill	Dkr1.70 Million	0.1%

Asset Composition Trend (1998–2024)

This chart illustrates how TORM plc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of TORM plc.

Show as percentage

Key Asset Composition Facts

Current vs. Non-Current Assets: TORM plc's current assets represent 17.7% of total assets in 2024, an increase from 0.0% in 1998.
Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 0.0% in 1998.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
Asset Diversification: The largest asset category is accounts receivable at 5.3% of total assets.

TORM plc Competitors by Total Assets

Key competitors of TORM plc based on total assets are shown below.

Company	Country	Total Assets
Pembina Pipeline Corp TO:PPL	Canada	CA$36.17 Billion
China Merchants Energy Shipping Co Ltd SHG:601872	China	CN¥77.88 Billion
Frontline Ltd NYSE:FRO	USA	$5.75 Billion
Nordic American Tankers Limited F:B3O	Germany	€902.16 Million
Zhuhai Winbase International Chemical Tank Terminal Co Ltd SHE:002492	China	CN¥2.16 Billion
Transportadora de Gas del Norte SA Class C BA:TGNO4	Argentina	AR$1.30 Trillion
Awilco LNG ASA OL:ALNG	Norway	Nkr322.92 Million
CMB.TECH NV BR:CMBT	Belgium	€8.37 Billion

TORM plc - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric	Current	1 Year Ago	5 Years Ago
Current Ratio	2.37	2.47	1.24
Quick Ratio	2.07	2.24	1.12
Cash Ratio	0.00	0.00	0.00
Working Capital	Dkr298.80 Million	Dkr413.80 Million	Dkr46.95 Million

TORM plc - Advanced Valuation Insights

This section examines the relationship between TORM plc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio	0.96
Latest Market Cap to Assets Ratio	0.90
Asset Growth Rate (YoY)	20.9%
Total Assets	Dkr3.47 Billion
Market Capitalization	$3.14 Billion USD

Valuation Analysis

Near Book Valuation: The market values TORM plc's assets close to their book value (0.90x), suggesting investors view the company's assets at approximately fair value.

Rapid Asset Growth: TORM plc's assets grew by 20.9% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for TORM plc (1998–2024)

The table below shows the annual total assets of TORM plc from 1998 to 2024.

Year	Total Assets	Change
2024-12-31	Dkr3.47 Billion ≈ $542.84 Million	+20.89%
2023-12-31	Dkr2.87 Billion ≈ $449.06 Million	+9.79%
2022-12-31	Dkr2.61 Billion ≈ $409.01 Million	+12.15%
2021-12-31	Dkr2.33 Billion ≈ $364.70 Million	+16.63%
2020-12-31	Dkr2.00 Billion ≈ $312.70 Million	-0.26%
2019-12-31	Dkr2.00 Billion ≈ $313.52 Million	+16.89%
2018-12-31	Dkr1.71 Billion ≈ $268.23 Million	+4.12%
2017-12-31	Dkr1.65 Billion ≈ $257.62 Million	+4.79%
2016-12-31	Dkr1.57 Billion ≈ $245.83 Million	-15.86%
2015-12-31	Dkr1.87 Billion ≈ $292.17 Million	+34.91%
2014-12-31	Dkr1.38 Billion ≈ $216.58 Million	-31.05%
2013-12-31	Dkr2.01 Billion ≈ $314.11 Million	-14.76%
2012-12-31	Dkr2.36 Billion ≈ $368.51 Million	-15.25%
2011-12-31	Dkr2.78 Billion ≈ $434.83 Million	-15.43%
2010-12-31	Dkr3.29 Billion ≈ $514.14 Million	+1.83%
2009-12-31	Dkr3.23 Billion ≈ $504.92 Million	-2.72%
2008-12-31	Dkr3.32 Billion ≈ $519.02 Million	+11.82%
2007-12-31	Dkr2.97 Billion ≈ $464.14 Million	+42.01%
2006-12-31	Dkr2.09 Billion ≈ $326.84 Million	+15.41%
2005-12-31	Dkr1.81 Billion ≈ $283.21 Million	+129.75%
2004-12-31	Dkr787.87 Million ≈ $123.27 Million	+89.04%
2003-12-31	Dkr416.78 Million ≈ $65.21 Million	+71.59%
2002-12-31	Dkr242.89 Million ≈ $38.00 Million	-39.59%
2001-12-31	Dkr402.05 Million ≈ $62.90 Million	+198.87%
2000-12-31	Dkr134.52 Million ≈ $21.05 Million	-8.97%
1998-12-31	Dkr147.78 Million ≈ $23.12 Million	--

About TORM plc

CO:TRMD-A Denmark Oil & Gas Midstream

Market Cap

$3.14 Billion

Dkr20.05 Billion DKK

Market Cap Rank

#4704 Global

#31 in Denmark

Share Price

Dkr197.90

Change (1 day)

+1.80%

52-Week Range

Dkr118.90 - Dkr220.60

All Time High

Dkr264.68