Torm (TRMD) Debt Ratio (2015 - 2026)
Torm (TRMD) posted Debt Ratio of 0.28 for Q2 2026, up 190.85% on a QoQ basis from 0.31 in Q1 2026, and down 15.08% year-over-year from 0.33 in Q2 2025.
Analysis
Torm (TRMD) Debt Ratio (2015 - 2026) Analysis & Trends
Torm has reported Debt Ratio for 12 years, with the latest figure at 0.28 in Q2 2026.
- On a quarterly basis, Debt Ratio fell 15.08% year-over-year to 0.28 in Q2 2026; TTM through Jun 2026 was 0.28, a 15.08% decrease from a year earlier, with the FY2025 full-year figure at 0.3, down 49.55% from the prior year.
- Debt Ratio was 0.28 for Q2 2026 at Torm, up from 0.31 in the prior quarter.
- The five-year high for Debt Ratio was 0.71 in Q3 2022, with the low at 0.47 in Q1 2022.
- Average Debt Ratio over 5 years is 0.21, with a median of 0.33 recorded in 2025.
- The largest YoY upside for Debt Ratio was 328.01% in 2022 against a maximum downside of 183.88% in 2022.
- Over 5 years, Debt Ratio stood at 0.65 in 2022, then retreated by 1.12% to 0.64 in 2023, then declined by 7.11% to 0.59 in 2024, then plunged by 49.55% to 0.3 in 2025, then slipped by 5.82% to 0.28 in 2026.
- The last three Debt Ratio figures came in at 0.28 (Q2 2026), 0.31 (Q1 2026), and 0.3 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 0.42 |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 0.17 |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 0.08 |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 0.23 |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 0.31 |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 0.16 |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 0.28 |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 0.28 |
| 10 | ZIM Integrated Shipping Services | 3.44 Bn | 2.41 Bn | 255.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | -0.31 |
| Dec 31, 2025 | 0.30 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | -0.34 |
| Dec 31, 2024 | 0.59 |
| Jun 30, 2024 | 0.36 |
| Dec 31, 2023 | 0.64 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.40 |
| Mar 31, 2023 | -0.37 |
| Dec 31, 2022 | 0.65 |
| Sep 30, 2022 | 0.71 |
| Jun 30, 2022 | -0.38 |
| Mar 31, 2022 | -0.47 |
| Dec 31, 2021 | 0.58 |
| Sep 30, 2021 | -0.31 |
| Jun 30, 2021 | 0.45 |
| Mar 31, 2021 | -0.43 |
| Dec 31, 2020 | 0.47 |