Torm Total Assets from 2010 to 2024
TRMD Stock | USD 21.25 0.64 2.92% |
Total Assets | First Reported 2002-06-30 | Previous Quarter 3.5 B | Current Value 3.5 B | Quarterly Volatility 769.6 M |
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.
Torm | Total Assets |
Latest Torm PLC's Total Assets Growth Pattern
Below is the plot of the Total Assets of Torm PLC Class over the last few years. Total assets refers to the total amount of Torm PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Torm PLC Class books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Torm PLC's 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.
View | Last Reported 2.87 B | 10 Years Trend |
|
Total Assets |
Timeline |
Torm Total Assets Regression Statistics
Arithmetic Mean | 1,954,080,818 | |
Geometric Mean | 1,710,934,111 | |
Coefficient Of Variation | 33.94 | |
Mean Deviation | 452,371,659 | |
Median | 2,003,881,000 | |
Standard Deviation | 663,251,277 | |
Sample Variance | 439902.3T | |
Range | 2.7B | |
R-Value | 0.45 | |
Mean Square Error | 379737.8T | |
R-Squared | 0.20 | |
Significance | 0.1 | |
Slope | 66,063,842 | |
Total Sum of Squares | 6158631.6T |
Torm Total Assets History
Other Fundumenentals of Torm PLC Class
Torm PLC Total Assets component correlations
Click cells to compare fundamentals
About Torm PLC Financial Statements
Torm PLC stakeholders use historical fundamental indicators, such as Torm PLC's 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 Reported | Projected for Next Year | ||
Total Assets | 2.9 B | 2 B |
Also Currently Popular
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.