TORM plc Total Liabilities
TORM plc 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. Check TORM plc (TRMD-A) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of TORM plc (1998–2024)
Total liabilities of TORM plc from 1998 to 2024. This chart illustrates how TORM plc's total liabilities have evolved over time, based on quarterly financial data. Explore TORM plc strategic investment ratio to see how much of total assets are deployed in long-term investments.
TORM plc Competitors by Total Liabilities
The table below lists competitors of TORM plc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Starwood Property Trust Inc
NYSE:STWD
|
USA | $54.86 Billion |
|
X Trade Brokers Dom Maklerski SA
WAR:XTB
|
Poland | zł7.09 Billion |
|
Shan Dong Dong-E E-Jiao Co Ltd
SHE:000423
|
China | CN¥2.78 Billion |
|
Angel Yeast Co Ltd
SHG:600298
|
China | CN¥12.77 Billion |
|
Exchange Income Corporation
TO:EIF
|
Canada | CA$3.58 Billion |
|
BURBERRY GROUP ADR/
F:BB2A
|
Germany | €2.15 Billion |
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409
|
China | CN¥4.39 Billion |
|
Piper Sandler Companies
NYSE:PIPR
|
USA | $759.43 Million |
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. For the complete balance sheet picture, see balance sheet size of TORM plc.
Liquidity & Leverage Metrics
TORM plc Total Liabilities Ratios Explained
TORM plc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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