Torm (TRMD) Asset Writedowns and Impairment (2017 - 2022)
Torm (TRMD) posted Asset Writedowns and Impairment of -$200000.0 for Q3 2022, down 105.2% on a QoQ basis from $3.8 million in Q4 2021.
Analysis
Torm (TRMD) Asset Writedowns and Impairment (2017 - 2022) Analysis & Trends
Torm has reported Asset Writedowns and Impairment for 5 years, with the latest figure at -$200000.0 in Q3 2022.
- On a quarterly basis, Asset Writedowns and Impairment changed N/A year-over-year to -$200000.0 in Q3 2022; TTM through Dec 2022 was $3.6 million, a 69.85% decrease from a year earlier, with the FY2022 full-year figure at $2.6 million, down 44.03% from the prior year.
- Asset Writedowns and Impairment was -$200000.0 for Q3 2022 at Torm, down from $3.8 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $6.3 million in Q4 2020, with the low at -$200000.0 in Q3 2022.
- Average Asset Writedowns and Impairment over 4 years is $3.0 million, with a median of $2.9 million recorded in 2018.
- The sharpest annual moves came in 2018 and 2021: Asset Writedowns and Impairment surged 7060.71% in 2018, then plunged 38.93% in 2021.
- Over 4 years, Asset Writedowns and Impairment stood at $1.9 million in 2018, then soared by 223.04% to $6.3 million in 2020, then sank by 38.93% to $3.8 million in 2021, then sank by 105.2% to -$200000.0 in 2022.
- The last three Asset Writedowns and Impairment figures came in at -$200000.0 (Q3 2022), $3.8 million (Q4 2021), and $6.3 million (Q4 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | -200,000.00 |
| Dec 31, 2021 | 3.85 Mn |
| Dec 31, 2020 | 6.30 Mn |
| Dec 31, 2018 | 1.95 Mn |
| Dec 31, 2017 | -28,000.00 |