TORM Debt to Equity Ratio 2016-2025 | 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 March 31, 2025 was 0.48.
| TORM Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2025-03-31 | $1.35B | $2.14B | 0.63 |
| 2024-12-31 | $1.40B | $2.08B | 0.67 |
| 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 | $1.641B | $1.559B |
| 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 | $30.866B | 4.33 |
| COSCO SHIPPING Holdings (CICOY) | China | $28.123B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $15.280B | 5.21 |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $11.345B | 0.00 |
| Keppel (KPELY) | Singapore | $11.261B | 0.00 |
| Kirby (KEX) | United States | $6.460B | 20.56 |
| Frontline (FRO) | Bermuda | $4.065B | 13.63 |
| Hafnia (HAFN) | Singapore | $2.630B | 4.29 |
| Scorpio Tankers (STNG) | $2.260B | 6.32 | |
| Star Bulk Carriers (SBLK) | Greece | $2.108B | 10.24 |
| International Seaways (INSW) | United States | $1.889B | 6.79 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $1.874B | 0.80 |
| Cadeler (CDLR) | Denmark | $1.857B | 25.82 |
| CMB.TECH Nv (CMBT) | Belgium | $1.791B | 9.21 |
| DHT Holdings (DHT) | Bermuda | $1.768B | 10.01 |
| BW LPG (BWLP) | Singapore | $1.687B | 6.78 |
| Danaos (DAC) | Greece | $1.679B | 3.43 |
| Golden Ocean Group (GOGL) | Bermuda | $1.640B | 15.77 |
| Teekay Tankers (TNK) | Bermuda | $1.490B | 5.70 |
| Capital Clean Energy Carriers (CCEC) | Greece | $1.436B | 15.47 |
| SFL (SFL) | Bermuda | $1.298B | 12.73 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.268B | 0.00 |
| Dorian LPG (LPG) | United States | $1.198B | 12.24 |
| Flex LNG (FLNG) | Bermuda | $1.184B | 9.99 |
| Navios Maritime Partners LP (NMM) | $1.162B | 3.76 | |
| Costamare (CMRE) | $1.111B | 3.37 | |
| Navigator Holdings (NVGS) | United Kingdom | $1.061B | 11.16 |
| Global Ship Lease (GSL) | Greece | $0.968B | 2.70 |
| Okeanis Eco Tankers (ECO) | Greece | $0.742B | 9.40 |
| Genco Shipping & Trading (GNK) | United States | $0.625B | 16.55 |
| Tsakos Energy Navigation (TEN) | Greece | $0.571B | 5.80 |
| Nordic American Tankers (NAT) | Bermuda | $0.567B | 12.18 |
| Safe Bulkers (SB) | $0.422B | 7.57 | |
| Ardmore Shipping (ASC) | Bermuda | $0.404B | 4.81 |
| Cool (CLCO) | United Kingdom | $0.358B | 0.00 |
| Euroseas (ESEA) | Greece | $0.337B | 3.02 |
| Pangaea Logistics Solutions (PANL) | United States | $0.329B | 10.66 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.254B | 11.21 |
| StealthGas (GASS) | Greece | $0.240B | 3.59 |
| Diana Shipping Inc (DSX) | Greece | $0.184B | 53.00 |
| SEACOR Marine Holdings (SMHI) | United States | $0.144B | 0.00 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.132B | 5.17 |
| Intercont (Cayman) (NCT) | Hong Kong, SAR China | $0.102B | 0.00 |
| Martin Midstream Partners (MMLP) | United States | $0.098B | 0.00 |
| Imperial Petroleum (IMPP) | Greece | $0.095B | 2.36 |
| Heidmar Maritime Holdings (HMR) | Greece | $0.091B | 0.00 |
| Uni-Fuels Holdings (UFG) | $0.067B | 0.00 | |
| Toro (TORO) | $0.055B | 5.84 | |
| Odyssey Marine Exploration (OMEX) | United States | $0.055B | 0.00 |
| Pyxis Tankers (PXS) | Greece | $0.031B | 3.55 |
| EuroDry (EDRY) | Greece | $0.030B | 0.00 |
| Globus Maritime (GLBS) | Greece | $0.023B | 0.00 |
| Castor Maritime (CTRM) | $0.023B | 4.13 | |
| Performance Shipping (PSHG) | Greece | $0.023B | 1.16 |
| Euroholdings (EHLD) | $0.022B | 0.00 | |
| Robin Energy (RBNE) | $0.019B | 0.00 | |
| TIANCI INTERNATIONAL, INC (CIIT) | United States | $0.017B | 0.00 |
| United Maritime (USEA) | Greece | $0.014B | 0.00 |
| IOThree (IOTR) | Singapore | $0.012B | 0.00 |
| OceanPal (OP) | Greece | $0.011B | 0.00 |
| Icon Energy (ICON) | Greece | $0.006B | 0.00 |
| C3is (CISS) | Greece | $0.002B | 3.38 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| Himalaya Shipping (HSHP) | Bermuda | $0.000B | 23.25 |