TORM
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has TORM's balance sheet done over the years? Its assets were worth $2,870,147,000 last year, which is more than in the previous period. 42% of TORM’s total assets is currently financed by debt. Its liabilities reached the amount of $1,204,164,000, which means an increase by 8% compared compared to last year.
Debt to Assets
| 2014 | 3851502560 | 959.79M | 24.92% |
|---|---|---|---|
| 2015 | 12831878064 | 6.12B | 47.74% |
| 2016 | 11098489778 | 5.58B | 50.32% |
| 2017 | 10216833217 | 5.30B | 51.96% |
| 2018 | 11172761944 | 5.65B | 50.58% |
| 2019 | 2003881000 | 996.19M | 49.71% |
| 2020 | 1998643000 | 981.17M | 49.09% |
| 2021 | 2330999000 | 1.27B | 54.86% |
| 2022 | 2614176000 | 1.11B | 42.48% |
| 2023 | 2870147000 | 1.20B | 41.95% |
0RG4.L Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 265.54M | 320.45M | 144.84M | 89.51M | 56.84M | 808.68M | 832.74M | 536.61M | 1.15B | 234.41M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 211.01M | 259.47M | 83.96M | 58.57M | 89.83M | 560.44M | 442.29M | 441.69M | 570.92M | 217.18M |
Inventory | 61.74M | 72.03M | 48.81M | 22.45M | 34.83M | 256.79M | 206.02M | 223.31M | 175.61M | 81.82M |
Other current assets | 152.98M | 87.74M | 85.69M | 73.11M | 34.39M | 129.12M | 141.21M | 78.81M | 80.49M | 14.76M |
Total current assets | 691.29M | 739.71M | 363.31M | 243.65M | 215.91M | 1.75B | 1.62B | 1.28B | 1.98B | 548.19M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.08B | 1.86B | 1.94B | 1.73B | 1.68B | 9.12B | 8.04B | 9.50B | 10.26B | 3.08B |
Goodwill | 1.79M | 1.83M | 0 | 0 | 0 | 0 | 0 | 0 | 78.33M | 0 |
Intangible assets | 1.85M | 1.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 77K | 273K | 1.47M | 1.58M | 1.17M | 495.29K | 2.04M | 2.30M | 2.32M | 0 |
Other non-current assets | 90.93M | 5.12M | 17.26M | 16.98M | 99.62M | -9.12B | -8.04B | -9.50B | -10.35B | -3.08B |
Total non-current assets | 2.17B | 1.87B | 1.96B | 1.75B | 1.78B | 9.12B | 8.04B | 9.50B | 10.35B | 3.08B |
Total assets | 2.87B | 2.61B | 2.33B | 1.99B | 2.00B | 11.17B | 10.21B | 11.09B | 12.83B | 3.85B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 170.16M | 114.60M | 207.05M | 100.75M | 78.62M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 265.49M | 206.38M | 307.19M | 196.70M | 194.94M | 1.08B | 968.75M | 1.07B | 796.34M | 188.88M |
| Non-current liabilities: | ||||||||||
Long term debt | 886.89M | 849.81M | 926.45M | 739.54M | 756.35M | 4.24B | 3.90B | 4.19B | 4.93B | 770.91M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 51.77M | 54.29M | 45.17M | 44.92M | 44.90M | -4.24B | -3.90B | -4.19B | -4.93B | -770.91M |
Total non-current liabilities | 938.66M | 904.11M | 971.62M | 784.46M | 801.25M | 4.24B | 3.90B | 4.19B | 4.93B | 770.91M |
Total liabilities | 1.20B | 1.11B | 1.27B | 981.17M | 996.19M | 5.65B | 5.30B | 5.58B | 6.12B | 959.79M |
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