TORM PLC (TRMD)

33.35 +0.58 (+1.77%) USD  |  NASDAQ  |  Apr 23, 16:00
33.45 +0.10 (+0.30%) After-Hours: 06:08
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TORM Debt to Equity Ratio: 0.6368 for Dec. 31, 2023

Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
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
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 0.7814
June 30, 2019 0.8001
March 31, 2019 0.8066
December 31, 2018 0.8848
Date Value
September 30, 2018 0.8485
June 30, 2018 0.8221
March 31, 2018 0.8052
December 31, 2017 0.9113
September 30, 2017 0.9461
June 30, 2017 0.9185
March 31, 2017 0.985
December 31, 2016 0.8578
September 30, 2016 0.6969
June 30, 2016 0.7145
March 31, 2016 0.7133
December 31, 2015 0.7851
September 30, 2015 0.7282
June 30, 2015 -9.358
March 31, 2015 -9.193
December 31, 2014 0.3015
September 30, 2014 -9.302
June 30, 2014 -11.21
March 31, 2014 -16.14
December 31, 2013 14.73

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.

Read full definition.

Debt to Equity Ratio Range, Past 5 Years

0.6347
Minimum
Mar 2023
1.079
Maximum
Dec 2021
0.8185
Average
0.8204
Median
Sep 2020

Debt to Equity Ratio Benchmarks

Shell PLC 0.2885
BP PLC 0.7392
Navigator Holdings Ltd 0.7163
Awilco Drilling PLC --
Odfjell Drilling Ltd 0.5103

Debt to Equity Ratio Related Metrics

Total Assets (Quarterly) 2.870B
Total Liabilities (Quarterly) 1.204B
Shareholders Equity (Quarterly) 1.664B
Current Ratio 2.604
Net Debt Paydown Yield -0.49%