What is the level of liabilities of Torm this year?
Torm has a debt balance of 1.21 B USD this year.
Torm Liabilities 2024
Torm Liabilities
1.21 B USD
Ticker
TRMD A.CO
ISIN
GB00BZ3CNK81
WKN
A2AGBV
In 2024, Torm's total liabilities amounted to 1.21 B USD, a 8.38% difference from the 1.11 B USD total liabilities 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.Liabilities Details
Assessing Torm's Liabilities
Torm's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Torm's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Torm's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Torm's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Torm’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Torm stock
What were the liabilities of Torm compared to the previous year?
The liabilities of Torm have increased by 8.38% increased compared to the previous year.
What are the consequences of high debt for investors of Torm?
High liabilities can pose a risk for investors of Torm, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Torm?
Low liabilities mean that Torm has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Torm affect the company?
An increase in liabilities of Torm can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Torm affect the company?
A decrease in the liabilities of Torm can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Torm?
Some factors that can influence the liabilities of Torm include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Torm so important for investors?
The liabilities of Torm are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Torm take to modify the liabilities?
To change its liabilities, Torm can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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 19.33 %. 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 19.33 %.
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 23.43 %.
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.
