TORM PLC Balance Sheet - Quarterly (NASDAQ:TRMD)

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$5.94 $0 (0%) TRMD stock closing price Sep 25, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our TORM PLC stock analysis. Financial strength can be guaged by performing TORM PLC stock analysis and by analyzing the balance sheet. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Apart from analyzing TORM PLC revenue TORM PLC operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The TORM PLC balance sheet for 2018 Q2 shows cash on hand of $159.1M. The company has a debt to equity ratio of 0.85.

View and download TORM PLC quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q22017 Q12016 Q42016 Q2
Cash159.1M173.6M134.2M213.8M-76M-
Marketable Securities-------
Receivables88.5M86.2M83.06M61.3M-70.6M-
Inventory40.3M36.2M33.2M28.8M-31.6M-
Raw Materials-------
Work In Progress-------
Finished Goods-------
Notes Receivable-------
Other Current Assets3.4M5.6M10.97M2.5M-3.1M-
Total Current Assets
291.3M301.6M261.45M306.4M-181.3M-
Property Plant & Equipment-------
Accumulated Depreciation-------
Net Property Plant & Equipment
1.4B1.37B1.3B1.28B-1.35B-
Investment & Advances-------
Other Non-Current Assets-------
Deferred Charges-------
Intangibles-------
Deposits & Other Assets50.3M60.7M88.37M59.4M-44.1M-
Total Assets
1.74B1.74B1.65B1.65B-1.57B-
Notes Payable-------
Accounts Payable32.6M23.7M26.15M19.9M-28.5M-
Current Portion Long-Term Debt89.6M82.9M91.72M79M-75.7M-
Current Portion Capital Leases3M3M2.89M16.2M-13.6M-
Accrued Expenses-------
Income Taxes Payable1.5M1.4M1.39M----
Other Current Liabilities30.2M28.7M33.96M30.6M-33.2M-
Total Current Liabilities
156.9M139.7M156.12M146.6M-151.8M-
Mortgages-------
Deferred Taxes/Income45M44.9M44.9M44.9M-45M-
Convertible Debt-------
Long-Term Debt635.7M635.5M629.19M644.6M-593.9M-
Non-Current Capital Leases23.8M24.5M25.29M26.8M---
Other Long-Term Liabilities-------
Total Liabilities
861.4M844.6M855.52M862.9M-790.7M-
Minority Interest-------
Preferred Stock-------
Common Stock Net-------
Capital Surplus97.1M97.1M-----
Retained Earnings777.7M786M785.72M787.1M-782.6M-
Treasury Stock2.9M2.9M2.88M2.9M-2.9M-
Other Liabilities9.6M11.3M7.58M3M---
Shareholders Equity882.2M892.2M791.05M787.8M-780.6M-
Total Liabilities & Shareholders Equity1.74B1.74B1.65B1.65B-1.57B-
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the TORM PLC stock price, and TORM PLC historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the TORM PLC PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: TRMD total assets, which was at $1.74B for 2018 Q2 is a balance sheet item representing value of what TORM PLC owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of TORM PLC for the quarter 2018 Q2 total to $861.4M. Liabilities for a company like TORM PLC include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

TORM PLC Balance Sheet - Key Ratios

Current ratio
1.86
Debt to equity ratio
0.85
Asset turnover ratio
0.38
Receivables turnover
0