TORM Plc (TRMD)
31.47
-0.17
(-0.54%)
USD |
NASDAQ |
Aug 25, 11:50
TORM Debt to Equity Ratio : 0.4759 for March 31, 2026
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2026 | 0.4759 |
| December 31, 2025 | 0.4554 |
| September 30, 2025 | 0.4178 |
| June 30, 2025 | 0.5343 |
| March 31, 2025 | 0.5521 |
| December 31, 2024 | 0.5913 |
| September 30, 2024 | 0.5941 |
| June 30, 2024 | 0.6159 |
| March 31, 2024 | 0.6328 |
| December 31, 2023 | 0.6368 |
| September 30, 2023 | 0.6942 |
| June 30, 2023 | 0.7375 |
| March 31, 2023 | 0.6347 |
| December 31, 2022 | 0.644 |
| September 30, 2022 | 0.7106 |
| June 30, 2022 | 0.8597 |
| March 31, 2022 | 0.9924 |
| December 31, 2021 | 1.079 |
| September 30, 2021 | 0.9909 |
| June 30, 2021 | 0.9486 |
| Date | Value |
|---|---|
| March 31, 2021 | 0.85 |
| December 31, 2020 | 0.8279 |
| September 30, 2020 | 0.8204 |
| June 30, 2020 | 0.8145 |
| March 31, 2020 | 0.8802 |
| December 31, 2019 | 0.8489 |
| September 30, 2019 | 0.9999 |
| June 30, 2019 | 0.838 |
| March 31, 2019 | 0.8475 |
| December 31, 2018 | 0.8848 |
| September 30, 2018 | 0.8789 |
| June 30, 2018 | 0.8525 |
| March 31, 2018 | 0.836 |
| December 31, 2017 | 0.947 |
| September 30, 2017 | 0.9828 |
| June 30, 2017 | 0.9731 |
| March 31, 2017 | 1.027 |
| December 31, 2016 | 0.8752 |
| September 30, 2016 | 0.7133 |
| June 30, 2016 | 0.7302 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
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Minimum
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Maximum
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Average
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Median
Debt to Equity Ratio Benchmarks
| KNOT Offshore Partners GP LLC | 1.520 |
| DHT Holdings, Inc. | 0.327 |
| Frontline Plc | 0.926 |
| Nordic American Tankers Ltd. | 0.9111 |
| Teekay Corp. Ltd. | 0.0493 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.532B |
| Total Liabilities (Quarterly) | 1.259B |
| Shareholders Equity (Quarterly) | 2.273B |
| Current Ratio | 1.401 |
| Net Debt Paydown Yield | 1.01% |