Torm Intangibles To Total Assets from 2010 to 2024

TRMD Stock  USD 21.25  0.64  2.92%   
Torm PLC's Intangibles To Total Assets are decreasing over the years with slightly volatile fluctuation. Intangibles To Total Assets are expected to dwindle to 0. Intangibles To Total Assets is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. View All Fundamentals
 
Intangibles To Total Assets  
First Reported
2010-12-31
Previous Quarter
0.00127067
Current Value
0.001207
Quarterly Volatility
0.00190033
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Torm PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Torm PLC's main balance sheet or income statement drivers, such as Total Revenue of 811 M, Gross Profit of 750.7 M or Other Operating Expenses of 686.5 M, as well as many indicators such as Price To Sales Ratio of 2.32, Dividend Yield of 0.24 or PTB Ratio of 1.9. Torm financial statements analysis is a perfect complement when working with Torm PLC Valuation or Volatility modules.
  
Check out the analysis of Torm PLC Correlation against competitors.

Latest Torm PLC's Intangibles To Total Assets Growth Pattern

Below is the plot of the Intangibles To Total Assets of Torm PLC Class over the last few years. It is the ratio of a company's intangible assets (like goodwill and patents) to its total assets. Torm PLC's Intangibles To Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Torm PLC's overall financial position and show how it may be relating to other accounts over time.
Intangibles To Total Assets10 Years Trend
Slightly volatile
   Intangibles To Total Assets   
       Timeline  

Torm Intangibles To Total Assets Regression Statistics

Arithmetic Mean0
Geometric Mean0
Coefficient Of Variation83.17
Mean Deviation0
Median0
Standard Deviation0
Sample Variance0.00000361
Range0.0066
R-Value(0.30)
Mean Square Error0.00000354
R-Squared0.09
Significance0.28
Slope(0.0001)
Total Sum of Squares0.000051

Torm Intangibles To Total Assets History

2024 0.001207
2023 0.001271
2022 0.001444
2021 0.001955
2016 0.00231
2015 0.006105
2014 9.39E-4

About Torm PLC Financial Statements

Torm PLC stakeholders use historical fundamental indicators, such as Torm PLC's Intangibles To Total Assets, to determine how well the company is positioned to perform in the future. Although Torm PLC investors may analyze each financial statement separately, they are all interrelated. For example, changes in Torm PLC's assets and liabilities are reflected in the revenues and expenses on Torm PLC's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Torm PLC Class. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Torm PLC Class is a strong investment it is important to analyze Torm PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Torm PLC's future performance. For an informed investment choice regarding Torm Stock, refer to the following important reports:
Check out the analysis of Torm PLC Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Torm PLC. If investors know Torm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Torm PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
5.86
Earnings Share
8.08
Revenue Per Share
18.109
Quarterly Revenue Growth
0.039
The market value of Torm PLC Class is measured differently than its book value, which is the value of Torm that is recorded on the company's balance sheet. Investors also form their own opinion of Torm PLC's value that differs from its market value or its book value, called intrinsic value, which is Torm PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Torm PLC's market value can be influenced by many factors that don't directly affect Torm PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Torm PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Torm PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Torm PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.