Torm Total Assets vs Total Stockholder Equity Analysis
TRMD Stock | USD 21.25 0.64 2.92% |
Torm PLC financial indicator trend analysis is much more than just breaking down Torm PLC Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Torm PLC Class is a good investment. Please check the relationship between Torm PLC Total Assets and its Total Stockholder Equity accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Total Assets vs Total Stockholder Equity
Total Assets vs Total Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Torm PLC Class Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Torm PLC's Total Assets and Total Stockholder Equity is 0.58. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Torm PLC Class, assuming nothing else is changed. The correlation between historical values of Torm PLC's Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Torm PLC Class are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., Torm PLC's Total Assets and Total Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Total Assets
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. 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.Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Most indicators from Torm PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Torm PLC Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. At present, Torm PLC's Sales General And Administrative To Revenue is projected to increase slightly based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 247.7M | 844.9M | 714.9M | 750.7M | Total Revenue | 619.5M | 1.4B | 1.6B | 811.0M |
Torm PLC fundamental ratios Correlations
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Torm PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Torm PLC fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.0B | 2.0B | 2.3B | 2.6B | 2.9B | 2.0B | |
Short Long Term Debt Total | 855.4M | 842.4M | 1.1B | 966.9M | 1.1B | 1.1B | |
Total Stockholder Equity | 1.0B | 1.0B | 1.1B | 1.5B | 1.7B | 849.5M | |
Net Debt | 782.9M | 752.9M | 963.7M | 646.4M | 794.1M | 991.2M | |
Liabilities And Stockholders Equity | 2.0B | 2.0B | 2.3B | 2.6B | 2.9B | 2.0B | |
Non Current Liabilities Total | 801.3M | 784.5M | 971.6M | 904.1M | 938.7M | 910.9M | |
Total Liab | 996.2M | 981.2M | 1.3B | 1.1B | 1.2B | 1.2B | |
Other Current Liab | 48.8M | 78.1M | 62.0M | 38.8M | 49.1M | 51.8M | |
Total Current Liabilities | 194.9M | 196.7M | 307.2M | 206.4M | 265.5M | 323.8M | |
Current Deferred Revenue | 4K | 53.9M | 19.2M | 885K | 3.4M | 3.5M | |
Accounts Payable | 47.1M | 14.4M | 35.3M | 48.5M | 43.1M | 40.1M | |
Cash | 72.5M | 89.5M | 171.7M | 320.5M | 265.5M | 278.8M | |
Non Current Assets Total | 1.8B | 1.8B | 2.0B | 1.9B | 2.2B | 1.9B | |
Non Currrent Assets Other | 4.6M | 34K | 42K | 4.6M | 86.4M | 118.1M | |
Other Assets | 99.6M | 17.0M | 17.3M | 5.1M | (3.1M) | (3.3M) | |
Cash And Short Term Investments | 72.5M | 89.5M | 171.7M | 320.5M | 265.5M | 278.8M | |
Common Stock Shares Outstanding | 74M | 74.3M | 78.1M | 82.8M | 86.7M | 61.5M | |
Inventory | 34.8M | 22.5M | 48.8M | 72.0M | 61.7M | 34.2M | |
Other Current Assets | (32K) | 73.1M | 85.7M | 87.7M | 153.0M | 160.6M | |
Total Current Assets | 215.9M | 243.7M | 363.3M | 739.7M | 691.3M | 725.9M | |
Short Term Debt | 99.0M | 102.9M | 209M | 117.1M | 172.7M | 221.5M | |
Net Receivables | 95.5M | 58.6M | 84.0M | 259.5M | 211.0M | 221.6M | |
Other Stockholder Equity | 98.4M | 97.8M | 155.3M | 163.3M | 255.8M | 268.6M | |
Accumulated Other Comprehensive Income | (11.4M) | (20.3M) | (3.4M) | 39.4M | 25.1M | 29.7M | |
Property Plant And Equipment Net | 1.8B | 1.7B | 2.0B | 1.9B | 2.1B | 1.5B | |
Retained Earnings | 920.0M | 939.2M | 899.2M | 1.3B | 1.4B | 850.1M | |
Property Plant And Equipment Gross | 1.8B | 1.7B | 2.5B | 2.4B | 2.7B | 2.2B | |
Common Stock | 747K | 748K | 800K | 823K | 862K | 818.9K | |
Net Tangible Assets | 1.0B | 1.0B | 1.1B | 1.5B | 1.7B | 1.0B | |
Long Term Debt | 756.4M | 739.5M | 926.4M | 849.8M | 886.9M | 754.4M | |
Short Long Term Debt | 99.0M | 102.9M | 209M | 117.1M | 172.7M | 112.7M | |
Property Plant Equipment | 1.7B | 1.7B | 1.9B | 1.9B | 2.1B | 1.6B | |
Other Liab | 44.9M | 44.9M | 45.2M | 54.3M | 62.4M | 50.8M | |
Long Term Investments | 1.2M | 1.6M | 1.5M | 273K | 77K | 73.2K |
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.