What is the Return on Assets (ROA) of Torm this year?
The Return on Assets (ROA) of Torm is 0.23 undefined this year.
Torm ROA 2024
Torm ROA
0.23
Ticker
TRMD A.CO
ISIN
GB00BZ3CNK81
WKN
A2AGBV
In 2024, Torm's return on assets (ROA) was 0.23, a 4.92% increase from the 0.22 ROA 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.ROA Details
Understanding Torm's Return on Assets (ROA)
Torm's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Torm's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Torm's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Torm’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Torm stock
What was the ROA of Torm compared to the previous year?
The ROA of Torm has increased by 4.92% compared to the previous year.
What consequences do high ROA have for investors of Torm?
A high ROA is advantageous for investors of Torm, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Torm?
A low ROA can be unfavorable for investors of Torm as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Torm affect the company?
An increase in ROA of Torm can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Torm impact the company?
A reduction in the ROA of Torm can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Torm?
Some factors that can influence the ROA of Torm include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Torm important for investors?
The ROA of Torm is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Torm take to improve ROA?
To improve ROA, Torm can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
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 21.12 %. 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 21.12 %.
When does Torm pay dividends?
Torm pays a quarterly dividend. This is distributed in the months of May, June, September, September.
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 25.6 %.
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 9/11/2024 amounting to 1.8 USD, you needed to have the stock in your portfolio before the ex-date on 8/29/2024.
When did Torm pay the last dividend?
The last dividend was paid out on 9/11/2024.
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.
