TORM plc (TRMD)

TORM plc Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	393.1	265.54	320.46	144.84	89.51	56.85
Cash & Short-Term Investments	414.3	265.54	320.46	144.84	89.51	56.85
Cash Growth	72.41%	-17.14%	121.24%	61.81%	57.46%	-54.19%
Accounts Receivable	187.9	211.02	259.48	83.97	58.57	89.83
Other Receivables	8.7	8	3.8	4.3	5.5	5.67
Receivables	196.6	219.02	263.28	88.27	64.07	95.5
Inventory	64.3	61.74	72.03	48.81	22.46	34.84
Prepaid Expenses	11.9	15.19	10.37	5.62	2.18	3.47
Restricted Cash	5.2	30.09	3.35	26.89	46.05	15.64
Other Current Assets	2.3	99.72	70.23	48.88	19.38	9.63
Total Current Assets	694.6	691.29	739.71	363.32	243.66	215.91
Property, Plant & Equipment	2,660	2,084	1,865	1,949	1,736	1,687
Long-Term Investments	0.7	0.08	0.27	1.47	1.59	1.17
Goodwill	1.8	1.8	1.84	-	-	-
Other Intangible Assets	2.2	1.85	1.94	-	-	-
Long-Term Deferred Tax Assets	2	0.43	0.56	0.65	0.34	-
Other Long-Term Assets	49.2	85.98	-	12	12.02	95
Total Assets	3,415	2,870	2,614	2,331	1,999	2,004
Accounts Payable	41.1	43.05	48.5	35.33	14.35	47.12
Accrued Expenses	-	-	-	29.2	34.2	32.4
Current Portion of Long-Term Debt	168.7	170.17	114.61	207.05	100.76	78.63
Current Portion of Leases	-	2.5	2.5	1.9	2.1	20.4
Current Income Taxes Payable	1.8	0.65	1.95	0.93	1.42	1.48
Current Unearned Revenue	9.7	3.37	0.89	-	-	0
Other Current Liabilities	59.5	45.76	37.94	32.78	43.88	14.92
Total Current Liabilities	280.8	265.5	206.39	307.19	196.71	194.94
Long-Term Debt	1,033	882.8	847.32	922.75	733.34	746.15
Long-Term Leases	10.5	4.1	2.5	3.7	6.2	10.2
Long-Term Deferred Tax Liabilities	0.3	3.58	6.08	-	-	-
Other Long-Term Liabilities	48.1	48.19	48.21	45.18	44.92	44.9
Total Liabilities	1,373	1,204	1,111	1,279	981.17	996.19
Common Stock	1	0.86	0.82	0.81	0.75	0.75
Additional Paid-In Capital	206.6	260	167.53	159.56	102.04	101.29
Retained Earnings	1,502	1,382	1,298	899.47	939.25	919.96
Treasury Stock	-4.2	-4.24	-4.24	-4.24	-4.24	-2.89
Comprehensive Income & Other	335.3	25.14	39.43	-3.42	-20.34	-11.42
Total Common Equity	2,040	1,664	1,501	1,052	1,017	1,008
Minority Interest	1.4	2	2.35	-	-	-
Shareholders' Equity	2,042	1,666	1,504	1,052	1,017	1,008
Total Liabilities & Equity	3,415	2,870	2,614	2,331	1,999	2,004
Total Debt	1,212	1,060	966.93	1,135	842.4	855.38
Net Cash (Debt)	-798	-794.02	-646.47	-990.56	-752.89	-798.53
Net Cash Per Share	-8.55	-9.16	-7.81	-12.63	-10.13	-10.79
Filing Date Shares Outstanding	95.2	90.24	81.82	80.74	74.37	74.44
Total Common Shares Outstanding	95.2	85.73	81.82	80.74	74.36	74.44
Working Capital	413.8	425.79	533.32	56.13	46.95	20.97
Book Value Per Share	21.43	19.41	18.35	13.03	13.68	13.54
Tangible Book Value	2,036	1,660	1,498	1,052	1,017	1,008
Tangible Book Value Per Share	21.39	19.37	18.30	13.03	13.68	13.54
Machinery	3,279	2,616	2,409	2,421	2,136	2,000
Construction In Progress	4.7	4.16	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.