Growth Metrics

Torm (TRMD) Debt to Equity (2016 - 2024)

Historic Debt to Equity for Torm (TRMD) over the last 9 years, with Q4 2024 value amounting to $0.59.

  • Torm's Debt to Equity fell 714.07% to $0.59 in Q4 2024 from the same period last year, while for Dec 2024 it was $0.59, marking a year-over-year decrease of 714.07%. This contributed to the annual value of $0.59 for FY2024, which is 714.07% down from last year.
  • Per Torm's latest filing, its Debt to Equity stood at $0.59 for Q4 2024, which was down 714.07% from $0.64 recorded in Q4 2023.
  • In the past 5 years, Torm's Debt to Equity ranged from a high of $1.08 in Q4 2021 and a low of $0.59 during Q4 2024
  • Moreover, its 5-year median value for Debt to Equity was $0.64 (2022), whereas its average is $0.76.
  • Its Debt to Equity has fluctuated over the past 5 years, first surged by 3034.0% in 2021, then tumbled by 4032.56% in 2022.
  • Quarter analysis of 5 years shows Torm's Debt to Equity stood at $0.83 in 2020, then soared by 30.34% to $1.08 in 2021, then crashed by 40.33% to $0.64 in 2022, then decreased by 1.13% to $0.64 in 2023, then dropped by 7.14% to $0.59 in 2024.
  • Its Debt to Equity stands at $0.59 for Q4 2024, versus $0.64 for Q4 2023 and $0.64 for Q4 2022.