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.

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. Also see TORM plc (TRMD-A) total market value for the company's overall valuation and market capitalisation.

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. Review TRMD-A current and long-term liabilities to assess the company's total debt and financial obligations.

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. See TORM plc share price for real-time trading data and today's change.

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
AltaGas Ltd TO:ALA	Canada	CA$27.71 Billion
Scorpio Tankers Inc NYSE:STNG	USA	$4.08 Billion
China Merchants Energy Shipping Co Ltd SHG:601872	China	CN¥77.88 Billion
Nanjing Tanker Corp SHG:601975	China	CN¥13.65 Billion
Golar LNG Limited F:G2O	Germany	€4.77 Billion
Dorian LPG Ltd NYSE:LPG	USA	$1.78 Billion
Shanxi Guoxin Energy Co Ltd A SHG:600617	China	CN¥25.35 Billion
Permian Basin Royalty Trust NYSE:PBT	USA	$2.41 Million

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	1.02
Asset Growth Rate (YoY)	20.9%
Total Assets	Dkr3.47 Billion
Market Capitalization	$3.53 Billion USD

Valuation Analysis

Above Book Valuation: The market values TORM plc's assets above their book value (1.02x), reflecting positive investor sentiment about the company's future prospects.

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

$3.53 Billion

Dkr22.54 Billion DKK

Market Cap Rank

#4452 Global

#27 in Denmark

Share Price

Dkr222.40

Change (1 day)

-2.88%

52-Week Range

Dkr123.90 - Dkr229.00

All Time High

Dkr264.68