TORM Debt to Equity Ratio 2016-2026 | 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 June 30, 2026 was 0.33.
| TORM Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2026-06-30 | $1.27B | $2.55B | 0.50 |
| 2026-03-31 | $1.26B | $2.27B | 0.55 |
| 2025-12-31 | $1.16B | $2.20B | 0.53 |
| 2025-09-30 | $1.05B | $2.15B | 0.49 |
| 2025-06-30 | $1.29B | $2.11B | 0.61 |
| 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 | $3.735B | $1.340B |
| 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 | $54.657B | 20.55 |
| COSCO SHIPPING Holdings (CICOY) | China | $32.741B | 0.00 |
| Nippon Yusen Kabushiki Kaisha (NPNYY) | Japan | $19.172B | 17.85 |
| Keppel (KPELY) | Singapore | $15.769B | 0.00 |
| Orient Overseas (OROVY) | Hong Kong, SAR China | $12.917B | 0.00 |
| Frontline (FRO) | Bermuda | $11.948B | 9.98 |
| Kirby (KEX) | United States | $7.230B | 21.07 |
| International Seaways (INSW) | United States | $5.418B | 8.16 |
| Hafnia (HAFN) | Singapore | $4.977B | 7.36 |
| Scorpio Tankers (STNG) | $4.318B | 7.92 | |
| CMB.TECH Nv (CMBT) | Belgium | $3.920B | 6.76 |
| BW LPG (BWLP) | Singapore | $3.911B | 8.79 |
| DHT Holdings (DHT) | Bermuda | $3.710B | 7.89 |
| ZIM Integrated Shipping Services (ZIM) | Israel | $3.535B | 81.47 |
| Star Bulk Carriers (SBLK) | Greece | $3.501B | 12.11 |
| Teekay Tankers (TNK) | Bermuda | $3.477B | 7.42 |
| Okeanis Eco Tankers (ECO) | Greece | $3.309B | 7.85 |
| Danaos (DAC) | Greece | $2.897B | 5.70 |
| Navios Maritime Partners LP (NMM) | Greece | $2.652B | 6.50 |
| Pacific Basin Shipping (PCFBY) | Hong Kong, SAR China | $2.559B | 0.00 |
| Dorian LPG (LPG) | United States | $2.475B | 8.47 |
| Cadeler (CDLR) | Denmark | $2.425B | 10.01 |
| SFL (SFL) | Bermuda | $1.953B | 56.29 |
| Costamare (CMRE) | $1.819B | 5.66 | |
| Flex LNG (FLNG) | Bermuda | $1.743B | 16.44 |
| Nordic American Tankers (NAT) | Bermuda | $1.692B | 17.37 |
| Global Ship Lease (GSL) | Greece | $1.630B | 4.55 |
| Tsakos Energy Navigation (TEN) | Greece | $1.576B | 6.08 |
| Navigator Holdings (NVGS) | United Kingdom | $1.506B | 12.06 |
| Capital Clean Energy Carriers (CCEC) | Greece | $1.285B | 13.33 |
| Hornbeck Offshore Services Inc (HOS) | United States | $1.270B | 26.94 |
| Genco Shipping & Trading (GNK) | United States | $1.195B | 21.26 |
| Safe Bulkers (SB) | $0.891B | 12.15 | |
| Himalaya Shipping (HSHP) | Bermuda | $0.858B | 16.27 |
| Ardmore Shipping (ASC) | Bermuda | $0.776B | 8.11 |
| Pangaea Logistics Solutions (PANL) | United States | $0.542B | 11.83 |
| Euroseas (ESEA) | Greece | $0.525B | 4.11 |
| Cool (CLCO) | United Kingdom | $0.519B | 0.00 |
| Seanergy Maritime Holdings Corp (SHIP) | Greece | $0.382B | 6.05 |
| KNOT Offshore Partners LP (KNOP) | United Kingdom | $0.374B | 12.20 |
| Diana Shipping Inc (DSX) | Greece | $0.372B | 10.31 |
| StealthGas (GASS) | Greece | $0.351B | 6.35 |
| Imperial Petroleum (IMPP) | Greece | $0.265B | 2.97 |
| SEACOR Marine Holdings (SMHI) | United States | $0.255B | 0.00 |
| EuroDry (EDRY) | Greece | $0.199B | 21.65 |
| Toro (TORO) | $0.133B | 206.67 | |
| Heidmar Maritime Holdings (HMR) | Greece | $0.096B | 40.75 |
| Martin Midstream Partners (MMLP) | United States | $0.089B | 0.00 |
| Globus Maritime (GLBS) | Greece | $0.082B | 11.52 |
| Pyxis Tankers (PXS) | Greece | $0.072B | 8.63 |
| Odyssey Marine Exploration (OMEX) | United States | $0.041B | 0.00 |
| Euroholdings (EHLD) | Greece | $0.039B | 4.07 |
| United Maritime (USEA) | Greece | $0.029B | 21.86 |
| Castor Maritime (CTRM) | $0.023B | 4.76 | |
| Performance Shipping (PSHG) | Greece | $0.021B | 1.86 |
| Uni-Fuels Holdings (UFG) | Singapore | $0.018B | 0.00 |
| Robin Energy (RBNE) | $0.003B | 0.38 | |
| IOThree (IOTR) | Singapore | $0.003B | 0.00 |
| Rubico (RUBI) | Greece | $0.003B | 0.00 |
| TIANCI INTERNATIONAL, INC (CIIT) | Hong Kong, SAR China | $0.003B | 0.00 |
| C3is (CISS) | Greece | $0.002B | 0.00 |
| Icon Energy (ICON) | Greece | $0.001B | 0.00 |
| Intercont (Cayman) (NCT) | Hong Kong, SAR China | $0.001B | 0.00 |
| Pingtan Marine Enterprise (PME) | China | $0.000B | 0.00 |