TORM Debt to Equity Ratio 2016-2024 | TRMD
Current and historical debt to equity ratio values for TORM (TRMD) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. TORM debt/equity for the three months ending September 30, 2024 was 0.51.
| TORM Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2024-09-30 | $1.37B | $2.04B | 0.67 |
| 2024-06-30 | $1.42B | $2.04B | 0.70 |
| 2024-03-31 | $1.44B | $2.07B | 0.70 |
| 2023-12-31 | $1.20B | $1.67B | 0.72 |
| 2023-09-30 | $1.24B | $1.57B | 0.79 |
| 2023-06-30 | $1.29B | $1.57B | 0.83 |
| 2023-03-31 | $1.21B | $1.66B | 0.73 |
| 2022-12-31 | $1.11B | $1.50B | 0.74 |
| 2022-09-30 | $1.14B | $1.40B | 0.81 |
| 2022-06-30 | $1.21B | $1.22B | 0.99 |
| 2022-03-31 | $1.22B | $1.10B | 1.12 |
| 2021-12-31 | $1.28B | $1.05B | 1.22 |
| 2021-09-30 | $1.19B | $1.05B | 1.13 |
| 2021-06-30 | $1.14B | $1.05B | 1.09 |
| 2021-03-31 | $1.00B | $1.00B | 0.99 |
| 2020-12-31 | $0.98B | $1.02B | 0.96 |
| 2020-09-30 | $1.00B | $1.05B | 0.95 |
| 2020-06-30 | $1.03B | $1.11B | 0.92 |
| 2020-03-31 | $1.06B | $1.05B | 1.01 |
| 2019-12-31 | $1.00B | $1.01B | 0.99 |
| 2019-09-30 | $0.98B | $0.85B | 1.15 |
| 2019-06-30 | $0.85B | $0.86B | 0.99 |
| 2019-03-31 | $0.85B | $0.87B | 0.98 |
| 2018-12-31 | $0.87B | $0.85B | 1.02 |
| 2018-09-30 | $0.86B | $0.86B | 1.00 |
| 2018-06-30 | $0.86B | $0.88B | 0.98 |
| 2018-03-31 | $0.85B | $0.89B | 0.95 |
| 2017-12-31 | $0.86B | $0.79B | 1.08 |
| 2017-09-30 | $0.00B | 0.00 | |
| 2017-06-30 | $0.86B | $0.79B | 1.10 |
| 2017-03-31 | $0.00B | $0.00B | 0.00 |
| 2016-12-31 | $0.00B | 0.00 | |
| 2016-06-30 | $0.00B | $0.00B | 0.00 |
| 2015-12-31 | $0.89B | $0.98B | 0.91 |
| Sector | Industry | Market Cap | Revenue |
|---|---|---|---|
| Transportation | Transportation - Shipping | $0.000B | $1.520B |
| TORM is a carrier of refined oil products. The Company operates a fleet of approximately 80 modern vessels. | |||
| Stock Name | Country | Market Cap | PE Ratio |
|---|---|---|---|
| A.P Moller-Maersk (AMKBY) | Denmark | $25.136B | 7.09 |
| Viking Holdings (VIK) | Bermuda | $18.850B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $15.006B | 6.71 |
| Keppel (KPELY) | Singapore | $9.161B | 0.00 |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $8.585B | 0.00 |
| Kirby (KEX) | United States | $6.106B | 20.42 |
| Golar LNG (GLNG) | Bermuda | $4.333B | 18.04 |
| Hafnia (HAFN) | Singapore | $2.585B | 3.00 |
| Scorpio Tankers (STNG) | $2.387B | 3.91 | |
| ZIM Integrated Shipping Services (ZIM) | Israel | $2.213B | 1.54 |
| Cadeler (CDLR) | Denmark | $1.908B | 0.00 |
| Golden Ocean Group (GOGL) | Bermuda | $1.724B | 6.84 |
| International Seaways (INSW) | United States | $1.597B | 3.59 |
| Danaos (DAC) | Greece | $1.487B | 2.79 |
| Costamare (CMRE) | $1.461B | 4.50 | |
| DHT Holdings (DHT) | Bermuda | $1.434B | 8.89 |
| SFL (SFL) | Bermuda | $1.347B | 8.03 |
| Navios Maritime Partners LP (NMM) | $1.281B | 3.33 | |
| Teekay Tankers (TNK) | Bermuda | $1.276B | 3.20 |
| Star Bulk Carriers (SBLK) | Greece | $1.237B | 4.76 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.170B | 0.00 |
| Navigator Holdings (NVGS) | United Kingdom | $1.080B | 11.71 |
| Capital Clean Energy Carriers (CCEC) | Greece | $1.019B | 11.43 |
| Dorian LPG (LPG) | United States | $0.992B | 3.77 |
| Global Ship Lease (GSL) | Greece | $0.782B | 2.14 |
| Okeanis Eco Tankers (ECO) | Greece | $0.617B | 5.41 |
| Genco Shipping & Trading (GNK) | United States | $0.583B | 7.62 |
| Nordic American Tankers (NAT) | Bermuda | $0.516B | 8.52 |
| Tsakos Energy Navigation (TEN) | Greece | $0.479B | 3.57 |
| Ardmore Shipping (ASC) | Bermuda | $0.472B | 3.50 |
| Safe Bulkers (SB) | $0.374B | 4.49 | |
| Pangaea Logistics Solutions (PANL) | United States | $0.234B | 7.80 |
| Euroseas (ESEA) | Greece | $0.232B | 2.19 |
| Diana Shipping Inc (DSX) | Greece | $0.232B | 16.82 |
| Himalaya Shipping (HSHP) | Bermuda | $0.187B | 0.00 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.183B | 0.00 |
| StealthGas (GASS) | Greece | $0.179B | 2.69 |
| SEACOR Marine Holdings (SMHI) | United States | $0.165B | 0.00 |
| Martin Midstream Partners (MMLP) | United States | $0.156B | 40.00 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.142B | 2.94 |
| Imperial Petroleum (IMPP) | Greece | $0.082B | 1.96 |
| Toro (TORO) | $0.052B | 4.17 | |
| Pyxis Tankers (PXS) | Greece | $0.037B | 1.25 |
| EuroDry (EDRY) | Greece | $0.030B | 0.00 |
| Castor Maritime (CTRM) | $0.028B | 1.04 | |
| Globus Maritime (GLBS) | Greece | $0.023B | 15.79 |
| Performance Shipping (PSHG) | Greece | $0.021B | 1.14 |
| United Maritime (USEA) | Greece | $0.016B | 0.00 |
| OceanPal (OP) | Greece | $0.008B | 0.00 |
| Odyssey Marine Exploration (OMEX) | United States | $0.008B | 0.00 |
| Icon Energy (ICON) | Greece | $0.003B | 0.00 |
| C3is (CISS) | Greece | $0.000B | 0.02 |
| Frontline (FRO) | Bermuda | $0.000B | 6.54 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| BW LPG (BWLP) | Singapore | $0.000B | 0.00 |
| Cool (CLCO) | Bermuda | $0.000B | 0.00 |
| CMB.TECH Nv (CMBT) | Belgium | $0.000B | 4.92 |
| Flex LNG (FLNG) | Bermuda | $0.000B | 8.49 |