TORM plc (FRA:1T4)

TORM plc Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	209.3	271.9	265.5	320.5	144.84	89.51
Cash & Short-Term Investments	209.3	271.9	265.5	320.5	144.84	89.51
Cash Growth	-49.48%	2.41%	-17.16%	121.27%	61.81%	57.46%
Accounts Receivable	184.8	183.9	211	259.5	83.97	58.57
Other Receivables	10.8	25.2	8	3.8	4.3	5.5
Receivables	195.6	209.1	219	263.3	88.27	64.07
Inventory	65	68.4	61.7	72	48.81	22.46
Prepaid Expenses	11.9	12.2	15.2	10.4	5.62	2.18
Restricted Cash	10.4	19.3	30.1	3.3	26.89	46.05
Other Current Assets	25.5	34.4	99.7	70.2	48.88	19.38
Total Current Assets	517.7	615.3	691.2	739.7	363.32	243.66
Property, Plant & Equipment	2,667	2,843	2,084	1,865	1,949	1,736
Long-Term Investments	0.2	0.3	0.1	0.3	1.47	1.59
Goodwill	1.8	1.7	1.8	1.8	-	-
Other Intangible Assets	2.4	2	1.8	1.9	-	-
Long-Term Deferred Tax Assets	0.3	3.1	0.4	0.6	0.65	0.34
Other Long-Term Assets	3.4	-	86	-	12	12.02
Total Assets	3,198	3,470	2,870	2,614	2,331	1,999
Accounts Payable	36.1	50	43.1	48.5	35.33	14.35
Accrued Expenses	-	-	-	-	29.2	34.2
Current Portion of Long-Term Debt	121.9	163.1	170.2	114.6	207.05	100.76
Current Portion of Leases	-	2.2	2.5	2.5	1.9	2.1
Current Income Taxes Payable	1.6	0.7	0.6	2	0.93	1.42
Current Unearned Revenue	1.9	7.5	3.3	0.9	-	-
Other Current Liabilities	57.4	61.9	45.7	37.9	32.78	43.88
Total Current Liabilities	218.9	285.4	265.4	206.4	307.19	196.71
Long-Term Debt	767	1,055	882.8	847.3	922.75	733.34
Long-Term Leases	10.5	6.4	4.1	2.5	3.7	6.2
Long-Term Deferred Tax Liabilities	0.2	0.3	3.6	6.1	-	-
Other Long-Term Liabilities	48.4	48.1	48.2	48.2	45.18	44.92
Total Liabilities	1,045	1,395	1,204	1,111	1,279	981.17
Common Stock	1	1	0.9	0.8	0.81	0.75
Additional Paid-In Capital	91.1	271	260	167.6	159.56	102.04
Retained Earnings	1,693	1,472	1,382	1,298	899.47	939.25
Treasury Stock	-	-4.2	-4.2	-4.2	-4.24	-4.24
Comprehensive Income & Other	367.9	334.7	25.2	39.4	-3.42	-20.34
Total Common Equity	2,153	2,074	1,664	1,501	1,052	1,017
Minority Interest	-	0.8	1.9	2.3	-	-
Shareholders' Equity	2,153	2,075	1,666	1,504	1,052	1,017
Total Liabilities & Equity	3,198	3,470	2,870	2,614	2,331	1,999
Total Debt	899.4	1,226	1,060	966.9	1,135	842.4
Net Cash (Debt)	-690.1	-954.4	-794.1	-646.4	-990.56	-752.89
Net Cash Per Share	-6.89	-9.91	-9.16	-7.81	-12.63	-10.13
Filing Date Shares Outstanding	98	97.32	90.24	81.82	80.74	74.37
Total Common Shares Outstanding	98	97.32	85.73	81.82	80.74	74.36
Working Capital	298.8	329.9	425.8	533.3	56.13	46.95
Book Value Per Share	21.97	21.31	19.41	18.35	13.03	13.68
Tangible Book Value	2,149	2,070	1,661	1,498	1,052	1,017
Tangible Book Value Per Share	21.92	21.27	19.37	18.31	13.03	13.68
Machinery	3,376	3,493	2,618	2,410	2,421	2,136
Construction In Progress	1.8	4.6	4.2	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.