Torm (TRMD) Asset Writedowns and Impairment (2020 - 2023)

Torm's (TRMD) quarterly Asset Writedowns and Impairment came in at -$46.9 million in Q4 2023, down 478.23% year-on-year from $12.4 million in Q4 2022, and down 100000100.0% quarter-over-quarter from $46.9 in Q3 2023.

Torm (TRMD) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

Torm's Asset Writedowns and Impairment history runs 4 years deep, the most recent figure standing at -$46.9 million for Q4 2023.

  • On a quarterly basis, Asset Writedowns and Impairment fell 478.23% year-over-year to -$46.9 million in Q4 2023; TTM through Dec 2023 was -$16.4 million, a 232.26% decrease from a year earlier, with the FY2024 full-year figure at $74.1 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment declined to -$46.9 million in Q4 2023 per TRMD's latest filing, from $46.9 in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $18.0 million in Q2 2023 and bottomed at -$46.9 million in Q4 2023.
  • The 4-year median for Asset Writedowns and Impairment is $41.05 (2020), against an average of -$333309.2.
  • Biggest YoY gain for Asset Writedowns and Impairment was 75313707.53% in 2023; the steepest drop was 478.23% in 2023.
  • Year by year, Asset Writedowns and Impairment stood at $49.9 in 2020, then declined by 15.03% to $42.4 in 2021, then jumped by 29245183.02% to $12.4 million in 2022, then sank by 478.23% to -$46.9 million in 2023.
  • Per Business Quant, the three latest TRMD Asset Writedowns and Impairment figures stand at -$46.9 million (Q4 2023), $46.9 (Q3 2023), and $18.0 million (Q2 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 DHT Holdings 2,935.54 Bn 2,935.42 Bn 167.16 Mn
2 Flex LNG 1,644.67 Bn 1,644.28 Bn 61.79 Mn
3 Enbridge 121.36 Bn 120.03 Bn 6.70 Bn
4 Kinder Morgan 112.45 Bn 112.33 Bn 3.07 Bn
5 Enterprise Products Partners 82.97 Bn 81.77 Bn -
6 Tc Energy 71.39 Bn 65.69 Bn 1.36 Bn
7 Energy Transfer 69.13 Bn 68.16 Bn 6.62 Bn
8 Mplx 59.63 Bn 58.13 Bn 1.95 Bn
9 Targa Resources 58.28 Bn 58.18 Bn 1.70 Bn
10 Torm 2.91 Bn 2.91 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2023 -46.90 Mn
Dec 31, 2023 -46.90 Mn
Sep 30, 2023 46.90
Sep 30, 2023 46.90
Jun 30, 2023 18.00 Mn
Jun 30, 2023 18.00 Mn
Mar 31, 2023 12.50 Mn
Mar 31, 2023 12.50 Mn
Dec 31, 2022 12.40 Mn
Dec 31, 2022 12.40 Mn
Sep 30, 2022 36.40
Sep 30, 2022 36.40
Jun 30, 2022 23.90
Jun 30, 2022 23.90
Dec 31, 2021 42.40
Dec 31, 2021 42.40
Sep 30, 2021 30.60
Sep 30, 2021 30.60
Jun 30, 2021 19.70
Jun 30, 2021 19.70