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. Check how aggressively does TORM plc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

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. Explore long-term investment intensity of TORM plc to see how much of total assets are deployed in long-term investments.

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 TORM plc market cap and net worth.

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
International Seaways Inc NYSE:INSW	USA	$2.67 Billion
AB Klaipedos nafta F:XIC	Germany	€554.96 Million
Oil Terminal C RO:OIL	Romania	RON912.87 Million
Tsakos Energy Navigation Limited F:TK41	Germany	€3.95 Billion
Awilco LNG ASA OL:ALNG	Norway	Nkr322.92 Million
Golar LNG Limited F:G2O	Germany	€4.77 Billion
Naturelgaz Sanayi ve Ticaret AS IS:NTGAZ	Turkey	TL5.47 Billion
Antero Midstream Partners LP NYSE:AM	USA	$6.41 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	0.87
Asset Growth Rate (YoY)	20.9%
Total Assets	Dkr3.47 Billion
Market Capitalization	$3.01 Billion USD

Valuation Analysis

Near Book Valuation: The market values TORM plc's assets close to their book value (0.87x), 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

$3.01 Billion

Dkr19.24 Billion DKK

Market Cap Rank

#4989 Global

#31 in Denmark

Share Price

Dkr189.90

Change (1 day)

-0.73%

52-Week Range

Dkr104.60 - Dkr220.60

All Time High

Dkr264.68