Torm (TRMD) Non-Current Debt (2015 - 2026)
Torm (TRMD) posted Non-Current Debt of $839.2 million for Q2 2026, up 176.68% on a QoQ basis from -$1.1 billion in Q1 2026, and down 13.47% year-over-year from $969.8 million in Q2 2025.
Analysis
Torm (TRMD) Non-Current Debt (2015 - 2026) Analysis & Trends
Torm has reported Non-Current Debt for 12 years, with the latest figure at $839.2 million in Q2 2026.
- On a quarterly basis, Non-Current Debt fell 13.47% year-over-year to $839.2 million in Q2 2026; TTM through Jun 2026 was $839.2 million, a 13.47% decrease from a year earlier, with the FY2025 full-year figure at $714.3 million, down 32.68% from the prior year.
- Non-Current Debt was $839.2 million for Q2 2026 at Torm, up from -$1.1 billion in the prior quarter.
- The five-year high for Non-Current Debt was $1.1 billion in Q2 2024, with the low at -$1.2 billion in Q1 2025.
- Average Non-Current Debt over 5 years is $235.0 million, with a median of $849.8 million recorded in 2022.
- The largest YoY upside for Non-Current Debt was 183.62% in 2022 against a maximum downside of 228.24% in 2022.
- Over 5 years, Non-Current Debt stood at $849.8 million in 2022, then increased by 4.37% to $886.9 million in 2023, then climbed by 19.63% to $1.1 billion in 2024, then slumped by 32.68% to $714.3 million in 2025, then gained by 17.49% to $839.2 million in 2026.
- The last three Non-Current Debt figures came in at $839.2 million (Q2 2026), -$1.1 billion (Q1 2026), and $714.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 2.17 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 1.03 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 292.70 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 645.62 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 653.86 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 | 516.10 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 833.53 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 839.20 Mn |
| 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 | 839.20 Mn |
| Mar 31, 2026 | -1.09 Bn |
| Dec 31, 2025 | 714.30 Mn |
| Jun 30, 2025 | 969.80 Mn |
| Mar 31, 2025 | -1.20 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Dec 31, 2023 | 886.90 Mn |
| Sep 30, 2023 | 893.80 Mn |
| Jun 30, 2023 | 856.20 Mn |
| Mar 31, 2023 | -1.06 Bn |
| Dec 31, 2022 | 849.80 Mn |
| Sep 30, 2022 | 880.30 Mn |
| Jun 30, 2022 | -1.06 Bn |
| Mar 31, 2022 | -1.10 Bn |
| Dec 31, 2021 | 926.45 Mn |
| Sep 30, 2021 | -1.05 Bn |
| Jun 30, 2021 | 823.70 Mn |
| Mar 31, 2021 | -864.50 Mn |
| Dec 31, 2020 | 739.54 Mn |