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| Date | Value |
|---|---|
| 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 |