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) - Total Assets
Latest total assets as of September 2025: $3.19 Billion USD
Based on the latest financial reports, Torm PLC Class A (TRMD) holds total assets worth $3.19 Billion 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 Class A - Total Assets Trend (1998–2024)
This chart illustrates how Torm PLC Class A’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Torm PLC Class A - Asset Composition Analysis
Current Asset Composition (December 2024)
Torm PLC Class A's total assets of $3.19 Billion consist of 17.7% current assets and 82.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.8% |
| Accounts Receivable | $209.10 Million | 6.0% |
| Inventory | $68.40 Million | 2.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $2.00 Million | 0.1% |
| Goodwill | $1.70 Million | 0.1% |
Asset Composition Trend (1998–2024)
This chart illustrates how Torm PLC Class A'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Torm PLC Class A'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 6.0% of total assets.
Torm PLC Class A Competitors by Total Assets
Key competitors of Torm PLC Class A based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
Torm PLC Class A - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Torm PLC Class A generates 0.45x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Torm PLC Class A generates $ 17.65 in net profit.
Torm PLC Class A - 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 | $297.64 Million | $ 413.80 Million | $ 46.95 Million |
Torm PLC Class A - Advanced Valuation Insights
This section examines the relationship between Torm PLC Class A'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 | 1.17 |
| Latest Market Cap to Assets Ratio | 0.42 |
| Asset Growth Rate (YoY) | 20.9% |
| Total Assets | $3.47 Billion |
| Market Capitalization | $1.46 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Torm PLC Class A's assets below their book value (0.42 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Torm PLC Class A'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 Class A (1998–2024)
The table below shows the annual total assets of Torm PLC Class A from 1998 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $3.47 Billion | +20.89% |
| 2023-12-31 | $2.87 Billion | +9.79% |
| 2022-12-31 | $2.61 Billion | +12.15% |
| 2021-12-31 | $2.33 Billion | +16.63% |
| 2020-12-31 | $2.00 Billion | -0.26% |
| 2019-12-31 | $2.00 Billion | +16.89% |
| 2018-12-31 | $1.71 Billion | +4.12% |
| 2017-12-31 | $1.65 Billion | +4.79% |
| 2016-12-31 | $1.57 Billion | -15.86% |
| 2015-12-31 | $1.87 Billion | +34.91% |
| 2014-12-31 | $1.38 Billion | -31.05% |
| 2013-12-31 | $2.01 Billion | -14.76% |
| 2012-12-31 | $2.36 Billion | -15.25% |
| 2011-12-31 | $2.78 Billion | -15.43% |
| 2010-12-31 | $3.29 Billion | +1.83% |
| 2009-12-31 | $3.23 Billion | -2.72% |
| 2008-12-31 | $3.32 Billion | +11.82% |
| 2007-12-31 | $2.97 Billion | +42.01% |
| 2006-12-31 | $2.09 Billion | +15.41% |
| 2005-12-31 | $1.81 Billion | +129.75% |
| 2004-12-31 | $787.87 Million | +89.04% |
| 2003-12-31 | $416.78 Million | +71.59% |
| 2002-12-31 | $242.89 Million | -39.59% |
| 2001-12-31 | $402.05 Million | +198.87% |
| 2000-12-31 | $134.52 Million | -8.97% |
| 1998-12-31 | $147.78 Million | -- |