Torm (TRMD) Change in Taxes (2015 - 2023)

Torm's (TRMD) quarterly Change in Taxes came in at -$1.5 million in Q4 2023, down 400.0% year-on-year from $500000.0 in Q4 2022, and down 93749900.0% quarter-over-quarter from -$1.6 in Q3 2023.

Torm (TRMD) Change in Taxes (2015 - 2023) Analysis & Trends

Torm's Change in Taxes history runs 8 years deep, the most recent figure standing at -$1.5 million for Q4 2023.

  • On a quarterly basis, Change in Taxes fell 400.0% year-over-year to -$1.5 million in Q4 2023; TTM through Dec 2023 was -$3.0 million, a 899.99% decrease from a year earlier, with the FY2024 full-year figure at -$1.3 million, up 58.06% from the prior year.
  • Change in Taxes fell to -$1.5 million in Q4 2023 per TRMD's latest filing, from -$1.6 in the prior quarter.
  • Across five years, Change in Taxes topped out at -$0.1 in Q2 2021 and bottomed at -$1.5 million in Q4 2023.
  • The 4-year median for Change in Taxes is -$0.9 (2022), against an average of -$275000.4.
  • Across the five-year window, Change in Taxes plunged 33.33% in 2022 and plunged 33333233.33% in 2023, its largest moves.
  • Year by year, Change in Taxes stood at -$0.2 in 2020, then tumbled by 600.0% to -$1.4 in 2021, then tumbled by 21428471.43% to -$300000.0 in 2022, then tumbled by 400.0% to -$1.5 million in 2023.
  • Per Business Quant, the three latest TRMD Change in Taxes figures stand at -$1.5 million (Q4 2023), -$1.6 (Q3 2023), and -$100000.0 (Q2 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 18.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn -
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 Torm 2.96 Bn 2.80 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 -1.50 Mn
Dec 31, 2023 -1.50 Mn
Sep 30, 2023 -1.60
Sep 30, 2023 -1.60
Jun 30, 2023 -100,000.00
Jun 30, 2023 -100,000.00
Mar 31, 2023 -1.40 Mn
Mar 31, 2023 -1.40 Mn
Dec 31, 2022 -300,000.00
Dec 31, 2022 -300,000.00
Sep 30, 2022 -0.40
Sep 30, 2022 -0.40
Jun 30, 2022 -0.30
Jun 30, 2022 -0.30
Dec 31, 2021 -1.40
Dec 31, 2021 -1.40
Sep 30, 2021 -0.30
Sep 30, 2021 -0.30
Jun 30, 2021 -0.10
Jun 30, 2021 -0.10