Torm (TRMD) Change in Taxes (2015 - 2023)
Torm (TRMD) posted Change in Taxes of -$1.5 million for Q4 2023, down 1400.0% on a QoQ basis from -$100000.0 in Q3 2023, and down 114.29% year-over-year from $10.5 million in Q4 2022.
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Torm (TRMD) Change in Taxes (2015 - 2023) Analysis & Trends
Torm has reported Change in Taxes for 8 years, with the latest figure at -$1.5 million in Q4 2023.
- On a quarterly basis, Change in Taxes fell 114.29% year-over-year to -$1.5 million in Q4 2023; TTM through Dec 2023 was -$3.1 million, a 49.11% decrease from a year earlier, with the FY2025 full-year figure at -$2.7 million, down 107.69% from the prior year.
- Change in Taxes was -$1.5 million for Q4 2023 at Torm, down from -$100000.0 in the prior quarter.
- The five-year high for Change in Taxes was -$100000.0 in Q3 2022, with the low at -$1.5 million in Q4 2023.
- Average Change in Taxes over 4 years is -$647375.0, with a median of -$450000.0 recorded in 2020.
- The sharpest annual moves came in 2021 and 2022: Change in Taxes tumbled 439.5% in 2021, then surged 35.13% in 2022.
- Over 4 years, Change in Taxes stood at -$200000.0 in 2020, then sank by 439.5% to -$1.1 million in 2021, then soared by 35.13% to -$700000.0 in 2022, then slumped by 114.29% to -$1.5 million in 2023.
- The last three Change in Taxes figures came in at -$1.5 million (Q4 2023), -$100000.0 (Q3 2023), and -$100000.0 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (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 | -2.87 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 | -3.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | -1.50 Mn |
| Sep 30, 2023 | -100,000.00 |
| Jun 30, 2023 | -100,000.00 |
| Mar 31, 2023 | -1.40 Mn |
| Dec 31, 2022 | -700,000.00 |
| Sep 30, 2022 | -100,000.00 |
| Dec 31, 2021 | -1.08 Mn |
| Dec 31, 2020 | -200,000.00 |
| Dec 31, 2018 | -1.60 Mn |
| Sep 30, 2018 | -200,000.00 |
| Dec 31, 2017 | -600,000.00 |
| Sep 30, 2017 | -100,000.00 |
| Dec 31, 2016 | -1.43 Mn |
| Dec 31, 2015 | -2.72 Mn |