Torm (TRMD) Total Debt (2015 - 2026)
Torm (TRMD) posted Total Debt of $1.1 billion for Q2 2026, up 198.34% on a QoQ basis from -$1.1 billion in Q1 2026, and down 4.42% year-over-year from $1.1 billion in Q2 2025.
Analysis
Torm (TRMD) Total Debt (2015 - 2026) Analysis & Trends
Torm has reported Total Debt for 12 years, with the latest figure at $1.1 billion in Q2 2026.
- On a quarterly basis, Total Debt fell 4.42% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $1.1 billion, a 4.42% decrease from a year earlier, with the FY2025 full-year figure at $1.0 billion, down 18.13% from the prior year.
- Total Debt was $1.1 billion for Q2 2026 at Torm, up from -$1.1 billion in the prior quarter.
- The five-year high for Total Debt was $1.3 billion in Q2 2024, with the low at -$1.2 billion in Q1 2025.
- Average Total Debt over 5 years is $373.0 million, with a median of $1.0 billion recorded in 2025.
- The largest YoY upside for Total Debt was 243.15% in 2022 against a maximum downside of 192.85% in 2022.
- Over 5 years, Total Debt stood at $969.9 million in 2022, then grew by 9.56% to $1.1 billion in 2023, then rose by 15.68% to $1.2 billion in 2024, then retreated by 18.13% to $1.0 billion in 2025, then advanced by 6.94% to $1.1 billion in 2026.
- The last three Total Debt figures came in at $1.1 billion (Q2 2026), -$1.1 billion (Q1 2026), and $1.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 2.43 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 1.04 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 372.10 Mn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 684.83 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 1.24 Bn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 728.88 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 1.07 Bn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 1.08 Bn |
| 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 | 1.08 Bn |
| Mar 31, 2026 | -1.09 Bn |
| Dec 31, 2025 | 1.01 Bn |
| Jun 30, 2025 | 1.13 Bn |
| Mar 31, 2025 | -1.20 Bn |
| Dec 31, 2024 | 1.23 Bn |
| Jun 30, 2024 | 1.26 Bn |
| Dec 31, 2023 | 1.06 Bn |
| Sep 30, 2023 | 1.09 Bn |
| Jun 30, 2023 | 1.15 Bn |
| Mar 31, 2023 | -1.06 Bn |
| Dec 31, 2022 | 969.90 Mn |
| Sep 30, 2022 | 998.50 Mn |
| Jun 30, 2022 | -922.70 Mn |
| Mar 31, 2022 | -1.10 Bn |
| Dec 31, 2021 | 1.34 Bn |
| Sep 30, 2021 | -697.50 Mn |
| Jun 30, 2021 | 993.80 Mn |
| Mar 31, 2021 | -864.50 Mn |
| Dec 31, 2020 | 945.30 Mn |