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 | $1.777B | $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 | $31.974B | 4.49 |
| COSCO SHIPPING Holdings (CICOY) | China | $29.687B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $15.973B | 5.45 |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $12.085B | 0.00 |
| Keppel (KPELY) | Singapore | $11.461B | 0.00 |
| Kirby (KEX) | United States | $6.732B | 21.43 |
| Frontline (FRO) | Bermuda | $4.172B | 13.98 |
| Hafnia (HAFN) | Singapore | $2.818B | 4.59 |
| Scorpio Tankers (STNG) | $2.331B | 9.48 | |
| Star Bulk Carriers (SBLK) | Greece | $2.159B | 10.49 |
| International Seaways (INSW) | United States | $2.024B | 7.27 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $1.919B | 0.82 |
| Cadeler (CDLR) | Denmark | $1.837B | 25.54 |
| DHT Holdings (DHT) | Bermuda | $1.800B | 10.19 |
| BW LPG (BWLP) | Singapore | $1.779B | 7.15 |
| CMB.TECH Nv (CMBT) | Belgium | $1.750B | 9.00 |
| Danaos (DAC) | Greece | $1.748B | 3.57 |
| Golden Ocean Group (GOGL) | Bermuda | $1.649B | 15.90 |
| Teekay Tankers (TNK) | Bermuda | $1.543B | 7.56 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $1.378B | 0.00 |
| Capital Clean Energy Carriers (CCEC) | Greece | $1.369B | 14.75 |
| SFL (SFL) | Bermuda | $1.361B | 13.34 |
| Flex LNG (FLNG) | Bermuda | $1.353B | 11.42 |
| Dorian LPG (LPG) | United States | $1.256B | 12.86 |
| Navios Maritime Partners LP (NMM) | $1.227B | 3.97 | |
| Costamare (CMRE) | $1.146B | 3.47 | |
| Navigator Holdings (NVGS) | United Kingdom | $1.120B | 11.78 |
| Global Ship Lease (GSL) | Greece | $1.015B | 2.83 |
| Okeanis Eco Tankers (ECO) | Greece | $0.774B | 9.82 |
| Genco Shipping & Trading (GNK) | United States | $0.680B | 18.00 |
| Tsakos Energy Navigation (TEN) | Greece | $0.595B | 6.04 |
| Nordic American Tankers (NAT) | Bermuda | $0.591B | 16.41 |
| Ardmore Shipping (ASC) | Bermuda | $0.435B | 9.24 |
| Safe Bulkers (SB) | $0.406B | 10.43 | |
| Cool (CLCO) | United Kingdom | $0.390B | 0.00 |
| Euroseas (ESEA) | Greece | $0.360B | 3.23 |
| Pangaea Logistics Solutions (PANL) | United States | $0.319B | 10.34 |
| StealthGas (GASS) | Greece | $0.251B | 3.76 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.238B | 10.52 |
| Diana Shipping Inc (DSX) | Greece | $0.177B | 30.60 |
| SEACOR Marine Holdings (SMHI) | United States | $0.137B | 0.00 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.137B | 5.34 |
| Martin Midstream Partners (MMLP) | United States | $0.115B | 0.00 |
| Intercont (Cayman) (NCT) | Hong Kong, SAR China | $0.101B | 0.00 |
| Imperial Petroleum (IMPP) | Greece | $0.092B | 2.30 |
| Heidmar Maritime Holdings (HMR) | Greece | $0.086B | 0.00 |
| Uni-Fuels Holdings (UFG) | $0.083B | 0.00 | |
| Toro (TORO) | $0.059B | 0.00 | |
| Odyssey Marine Exploration (OMEX) | United States | $0.045B | 0.00 |
| Pyxis Tankers (PXS) | Greece | $0.030B | 3.45 |
| EuroDry (EDRY) | Greece | $0.029B | 0.00 |
| Euroholdings (EHLD) | $0.022B | 0.00 | |
| Globus Maritime (GLBS) | Greece | $0.022B | 0.00 |
| Castor Maritime (CTRM) | $0.022B | 3.84 | |
| Performance Shipping (PSHG) | Greece | $0.021B | 1.10 |
| Robin Energy (RBNE) | $0.017B | 0.00 | |
| TIANCI INTERNATIONAL, INC (CIIT) | United States | $0.015B | 0.00 |
| United Maritime (USEA) | Greece | $0.014B | 0.00 |
| IOThree (IOTR) | Singapore | $0.011B | 0.00 |
| Icon Energy (ICON) | Greece | $0.006B | 0.00 |
| C3is (CISS) | Greece | $0.002B | 3.13 |
| OceanPal (OP) | Greece | $0.001B | 0.00 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |
| Himalaya Shipping (HSHP) | Bermuda | $0.000B | 24.21 |