Torm (TRMD) Notes Payables (2018 - 2025)
Torm (TRMD) posted Notes Payables of $3.3 million for Q4 2025, up 13.79% on a QoQ basis from $2.9 million in Q4 2024, and up 13.79% year-over-year from $2.9 million in Q4 2024.
Analysis
Torm (TRMD) Notes Payables (2018 - 2025) Analysis & Trends
Torm has reported Notes Payables for 8 years, with the latest figure at $3.3 million in Q4 2025.
- On a quarterly basis, Notes Payables rose 13.79% year-over-year to $3.3 million in Q4 2025; TTM through Dec 2025 was $3.3 million, a 13.79% increase from a year earlier, with the FY2025 full-year figure at $3.3 million, up 13.79% from the prior year.
- Notes Payables was $3.3 million for Q4 2025 at Torm, up from $2.9 million in the prior quarter.
- The five-year high for Notes Payables was $209.0 million in Q4 2021, with the low at $2.9 million in Q4 2024.
- Average Notes Payables over 5 years is $50.6 million, with a median of $3.0 million recorded in 2022.
- The sharpest annual moves came in 2021 and 2022: Notes Payables jumped 103.15% in 2021, then sank 98.56% in 2022.
- Over 5 years, Notes Payables stood at $209.0 million in 2021, then tumbled by 98.56% to $3.0 million in 2022, then changed by 0.0% to $3.0 million in 2023, then decreased by 3.33% to $2.9 million in 2024, then increased by 13.79% to $3.3 million in 2025.
- The last three Notes Payables figures came in at $3.3 million (Q4 2025), $2.9 million (Q4 2024), and $3.0 million (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.30 Mn |
| Dec 31, 2024 | 2.90 Mn |
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 3.00 Mn |
| Dec 31, 2022 | 3.00 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Dec 31, 2021 | 208.95 Mn |
| Sep 30, 2021 | 177.60 Mn |
| Dec 31, 2020 | 102.86 Mn |
| Sep 30, 2020 | 109.90 Mn |
| Dec 31, 2019 | 99.03 Mn |
| Dec 31, 2018 | 94.42 Mn |