TORM plc (TRMD-A) — Working Capital to Net Assets Ratio
TORM plc (TRMD-A) has a Working Capital to Net Assets ratio of 13.9% as of September 2025. Working capital of Dkr298.80 Million (current assets of Dkr517.70 Million minus current liabilities of Dkr218.90 Million) is measured against net assets of Dkr2.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of TORM plc to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TORM plc Working Capital to Net Assets (2000–2024)
This chart shows how TORM plc's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 13.9%, reflecting working capital of Dkr298.80 Million against net assets of Dkr2.15 Billion DKK. See TORM plc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for TORM plc (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for TORM plc from 2000 to 2024, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see how much is TORM plc worth.
| Year | WC/NA Ratio | Working Capital (DKK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 15.9% | Dkr329.90 Million | Dkr2.07 Billion | Dkr615.30 Million | Dkr285.40 Million | ▼ -9.7 pp |
| 2023 | 25.6% | Dkr425.79 Million | Dkr1.67 Billion | Dkr691.29 Million | Dkr265.50 Million | ▼ -9.9 pp |
| 2022 | 35.5% | Dkr533.32 Million | Dkr1.50 Billion | Dkr739.71 Million | Dkr206.39 Million | ▲ +30.1 pp |
| 2021 | 5.3% | Dkr56.10 Million | Dkr1.05 Billion | Dkr363.30 Million | Dkr307.20 Million | ▲ +0.7 pp |
| 2020 | 4.6% | Dkr46.95 Million | Dkr1.02 Billion | Dkr243.66 Million | Dkr196.71 Million | ▲ +2.5 pp |
| 2019 | 2.1% | Dkr20.97 Million | Dkr1.01 Billion | Dkr215.91 Million | Dkr194.94 Million | ▼ -10.0 pp |
| 2018 | 12.1% | Dkr102.19 Million | Dkr847.21 Million | Dkr269.30 Million | Dkr167.12 Million | ▼ -1.3 pp |
| 2017 | 13.3% | Dkr105.32 Million | Dkr791.05 Million | Dkr261.45 Million | Dkr156.13 Million | ▲ +9.5 pp |
| 2016 | 3.8% | Dkr29.48 Million | Dkr780.58 Million | Dkr181.28 Million | Dkr151.80 Million | ▼ -13.9 pp |
| 2015 | 17.7% | Dkr172.72 Million | Dkr975.98 Million | Dkr288.62 Million | Dkr115.89 Million | ▲ +7.9 pp |
| 2014 | 9.8% | Dkr-16.03 Million | Dkr-164.00 Million | Dkr153.28 Million | Dkr169.31 Million | ▼ -19.0 pp |
| 2013 | 28.8% | Dkr33.84 Million | Dkr117.71 Million | Dkr295.29 Million | Dkr261.45 Million | ▼ -64.9 pp |
| 2012 | 93.7% | Dkr250.41 Million | Dkr267.34 Million | Dkr384.58 Million | Dkr134.17 Million | ▲ +354.1 pp |
| 2011 | -260.4% | Dkr-1.68 Billion | Dkr643.85 Million | Dkr369.28 Million | Dkr2.05 Billion | ▼ -257.5 pp |
| 2010 | -2.9% | Dkr-32.75 Million | Dkr1.12 Billion | Dkr302.38 Million | Dkr335.13 Million | ▼ -4.6 pp |
| 2009 | 1.7% | Dkr21.05 Million | Dkr1.25 Billion | Dkr283.66 Million | Dkr262.61 Million | ▲ +6.3 pp |
| 2008 | -4.6% | Dkr-58.77 Million | Dkr1.28 Billion | Dkr404.18 Million | Dkr462.95 Million | ▲ +55.9 pp |
| 2007 | -60.5% | Dkr-654.60 Million | Dkr1.08 Billion | Dkr262.35 Million | Dkr916.95 Million | ▼ -61.7 pp |
| 2006 | 1.1% | Dkr14.58 Million | Dkr1.28 Billion | Dkr120.91 Million | Dkr106.32 Million | ▼ -16.6 pp |
| 2005 | 17.7% | Dkr160.23 Million | Dkr904.65 Million | Dkr282.07 Million | Dkr121.84 Million | ▼ -2.0 pp |
| 2004 | 19.7% | Dkr67.11 Million | Dkr340.48 Million | Dkr182.45 Million | Dkr115.34 Million | ▲ +31.9 pp |
| 2003 | -12.1% | Dkr-718.12K | Dkr5.91 Million | Dkr122.52 Million | Dkr123.23 Million | ▲ +13.3 pp |
| 2002 | -25.4% | Dkr24.13 Million | Dkr-94.82 Million | Dkr116.64 Million | Dkr92.51 Million | ▼ -186.4 pp |
| 2001 | 160.9% | Dkr87.18 Million | Dkr54.18 Million | Dkr158.06 Million | Dkr70.88 Million | ▲ +187.2 pp |
| 2000 | -26.3% | Dkr75.71 Million | Dkr-287.56 Million | Dkr160.64 Million | Dkr84.92 Million | — |