TORM plc (TRMD-A) - Total Liabilities
Based on the latest financial reports, TORM plc (TRMD-A) has total liabilities worth Dkr1.04 Billion DKK (≈ $163.50 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore how much of TORM plc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
TORM plc - Total Liabilities Trend (1998–2024)
This chart illustrates how TORM plc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see how large is TORM plc's balance sheet.
TORM plc Competitors by Total Liabilities
The table below lists competitors of TORM plc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
GEK TERNA Holdings Real Estate Construction S.A
AT:GEKTERNA
|
Greece | €6.42 Billion |
|
Kaori Heat Treatment Co Ltd
TW:8996
|
Taiwan | NT$3.25 Billion |
|
Nien Made Enterprise Co Ltd
TW:8464
|
Taiwan | NT$10.05 Billion |
|
Geovis Technology Co Ltd
SHG:688568
|
China | CN¥3.79 Billion |
|
HARBOUR ENE.SP.ADR LS-50
F:PQQ2
|
Germany | €25.54 Billion |
|
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
|
China | CN¥1.60 Billion |
|
QL Resources Bhd
KLSE:7084
|
Malaysia | RM2.34 Billion |
|
Korn Ferry
NYSE:KFY
|
USA | $1.94 Billion |
Liability Composition Analysis (1998–2024)
This chart breaks down TORM plc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See TRMD-A equity to assets ratio to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.37 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.49 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.33 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how TORM plc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for TORM plc (1998–2024)
The table below shows the annual total liabilities of TORM plc from 1998 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | Dkr1.39 Billion ≈ $218.23 Million |
+15.83% |
| 2023-12-31 | Dkr1.20 Billion ≈ $188.40 Million |
+8.43% |
| 2022-12-31 | Dkr1.11 Billion ≈ $173.75 Million |
-13.16% |
| 2021-12-31 | Dkr1.28 Billion ≈ $200.08 Million |
+30.33% |
| 2020-12-31 | Dkr981.17 Million ≈ $153.51 Million |
-1.51% |
| 2019-12-31 | Dkr996.19 Million ≈ $155.86 Million |
+14.88% |
| 2018-12-31 | Dkr867.19 Million ≈ $135.68 Million |
+1.36% |
| 2017-12-31 | Dkr855.52 Million ≈ $133.85 Million |
+8.20% |
| 2016-12-31 | Dkr790.68 Million ≈ $123.71 Million |
-11.31% |
| 2015-12-31 | Dkr891.47 Million ≈ $139.48 Million |
-42.42% |
| 2014-12-31 | Dkr1.55 Billion ≈ $242.23 Million |
-18.08% |
| 2013-12-31 | Dkr1.89 Billion ≈ $295.69 Million |
-9.49% |
| 2012-12-31 | Dkr2.09 Billion ≈ $326.68 Million |
-2.22% |
| 2011-12-31 | Dkr2.14 Billion ≈ $334.09 Million |
-1.63% |
| 2010-12-31 | Dkr2.17 Billion ≈ $339.64 Million |
+9.61% |
| 2009-12-31 | Dkr1.98 Billion ≈ $309.87 Million |
-2.84% |
| 2008-12-31 | Dkr2.04 Billion ≈ $318.92 Million |
+8.12% |
| 2007-12-31 | Dkr1.89 Billion ≈ $294.97 Million |
+133.28% |
| 2006-12-31 | Dkr808.17 Million ≈ $126.44 Million |
-10.75% |
| 2005-12-31 | Dkr905.49 Million ≈ $141.67 Million |
+102.39% |
| 2004-12-31 | Dkr447.39 Million ≈ $70.00 Million |
+8.89% |
| 2003-12-31 | Dkr410.87 Million ≈ $64.28 Million |
+21.66% |
| 2002-12-31 | Dkr337.71 Million ≈ $52.84 Million |
-2.92% |
| 2001-12-31 | Dkr347.87 Million ≈ $54.43 Million |
-17.58% |
| 2000-12-31 | Dkr422.09 Million ≈ $66.04 Million |
+71.76% |
| 1998-12-31 | Dkr245.74 Million ≈ $38.45 Million |
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About TORM plc
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