What is the equity of Torm this year?
Torm has equity of 1.66 B USD this year.
Torm Equity 2024
Torm Equity
1.66 B USD
Ticker
TRMD A.CO
ISIN
GB00BZ3CNK81
WKN
A2AGBV
In 2024, Torm's equity was 1.66 B USD, a 10.83% increase from the 1.5 B USD equity in the previous year.
Torm Aktienanalyse
What does Torm do?
Torm PLC is a global leader in tanker rentals and operations. The company was founded in Denmark in 1889 and has since built an impressive history. The company specializes in the transportation of oil and other liquids, primarily through the use of large tankers. Torm PLC offers a range of services, including tanker rentals and management, spare parts supply, and repair services. Torm PLC maintains a fleet of around 80 tankers and operates a variety of tanker types, including oil tankers, chemical tankers, and gas tankers. The company operates worldwide and has offices in Denmark, Singapore, and the USA. Torm PLC's business model is to provide tanker rentals and operations that enable effective and reliable transportation of liquids for customers. In addition, the company also offers ship management services, including ship repair and maintenance. The various divisions of Torm PLC include chartering, operations, and technology. Chartering involves renting tankers to customers, while operations involve the management of the fleet by the company. Technology refers to the use of digitized solutions and the use of data analytics and technical innovations in the shipping industry. Torm PLC offers a wide range of products and services, including tanker rentals, ship management, spare parts supply, and technical support. The company has also developed a system called TORM inSITE, which enables complete fleet monitoring. It provides customers with a secure and reliable transportation solution. The activities of Torm PLC have contributed to a change in the shipping industry. The company has taken a pioneering role in introducing modern, safe, and environmentally friendly solutions in the shipping industry. Overall, Torm PLC is a leading company in the field of tanker rentals and operations. It has earned a good reputation in the shipping industry and is known for its use of technology, efficiency, and reliability. The company is expected to continue to play an important role in the shipping industry in the future. Torm ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Torm's Equity
Torm's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Torm's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Torm's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Torm's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Torm’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Torm stock
What was the equity of Torm compared to the previous year?
The equity of Torm has increased/decreased by 10.83% increased compared to the previous year.
What impact does a high equity have on investors of Torm?
A high equity is advantageous for investors of Torm as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Torm?
A low equity can be a risk for investors of Torm, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Torm affect the company?
An increase in equity of Torm can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Torm affect the company?
A reduction in equity of Torm can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Torm?
Some factors that can affect the equity of Torm include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Torm so important for investors?
The equity of Torm is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Torm take to change the equity?
To change equity, Torm can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Torm pay?
Over the past 12 months, Torm paid a dividend of 7.01 USD . This corresponds to a dividend yield of about 19.98 %. For the coming 12 months, Torm is expected to pay a dividend of 8.49 USD.
What is the dividend yield of Torm?
The current dividend yield of Torm is 19.98 %.
When does Torm pay dividends?
Torm pays a quarterly dividend. This is distributed in the months of September, December, May, June.
How secure is the dividend of Torm?
Torm paid dividends every year for the past 5 years.
What is the dividend of Torm?
For the upcoming 12 months, dividends amounting to 8.49 USD are expected. This corresponds to a dividend yield of 24.21 %.
In which sector is Torm located?
Torm is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Torm kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Torm from 6/4/2024 amounting to 1.5 USD, you needed to have the stock in your portfolio before the ex-date on 5/21/2024.
When did Torm pay the last dividend?
The last dividend was paid out on 6/4/2024.
What was the dividend of Torm in the year 2023?
In the year 2023, Torm distributed 2.04 USD as dividends.
In which currency does Torm pay out the dividend?
The dividends of Torm are distributed in USD.
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Andere Kennzahlen von Torm
Our stock analysis for Torm Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Torm Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
