TORM plc Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	196.4	163.5	291.2	295.6	323.8	171.73
Cash & Short-Term Investments	196.4	163.5	291.2	295.6	323.8	171.73
Cash Growth	-45.79%	-43.85%	-1.49%	-8.71%	88.55%	26.68%
Accounts Receivable	249.6	214.7	183.9	211	259.5	83.97
Other Receivables	32.7	23.7	59.6	60.5	74	39.97
Total Trade Receivables	282.3	238.4	243.5	271.5	333.5	123.93
Inventory	82.5	66.5	68.4	61.7	72	48.81
Other Current Assets	14.3	63.5	12.2	62.4	10.4	18.84
Total Current Assets	575.5	531.9	615.3	691.2	739.7	363.32
Net Property, Plant & Equipment	2,942	2,822	2,843	2,170	1,865	1,961
Other Intangible Assets	3.9	4	2	1.8	1.9	-
Goodwill	1.8	1.8	1.7	1.8	1.8	-
Long-Term Investments	8.5	7.1	4.8	4.6	4.9	6.09
Other Long-Term Assets	0.5	0.3	3.1	0.4	0.6	0.65
Total Assets	3,532	3,367	3,470	2,870	2,614	2,331
Accounts Payable	67.2	41	50	43.1	48.5	35.33
Accrued Expenses	0.5	0.7	0.6	0.5	6.8	18.3
Current Portion of Long-Term Debt	-	-	-	-	117.1	208.95
Unearned Revenue	2.6	2.3	7.5	3.3	0.9	-
Other Current Liabilities	53.9	68.6	62	45.8	33.1	44.61
Total Current Liabilities	410.9	401.4	285.4	265.4	206.4	307.19
Long-Term Debt	1,082	1,003	1,226	1,060	849.8	926.45
Other Long-Term Liabilities	53.3	48.7	48.4	51.8	54.3	45.18
Total Long-Term Liabilities	848.4	763	1,109	938.7	904.1	971.63
Total Liabilities	1,259	1,164	1,395	1,204	1,111	1,279
Common Stock	1	1	1	0.9	0.8	0.81
Treasury Stock	-	-	-4.2	-4.2	-4.2	-4.24
Additional Paid-in Capital	126.5	110.2	271	260	167.6	159.56
Accumulated Other Comprehensive Income	230.4	302.5	334.7	25.2	39.4	-3.42
Retained Earnings	1,915	1,789	1,472	1,382	1,298	899.47
Total Common Shareholders' Equity	2,273	2,203	2,074	1,664	1,501	1,052
Minority Interest	-	-	0.8	1.9	2.3	-
Shareholders' Equity	2,273	2,203	2,075	1,666	1,504	1,052
Total Liabilities & Equity	3,532	3,367	3,470	2,870	2,614	2,331
Total Debt	1,082	1,003	1,226	1,060	966.9	1,135
Net Cash (Debt)	-885.4	-839.6	-935.1	-764	-643.1	-963.67
Net Cash Per Share	-8.77	-8.39	-9.71	-8.81	-7.77	-12.29
Book Value	2,273	2,203	2,074	1,664	1,501	1,052
Book Value Per Share	22.52	22.00	21.54	19.19	18.13	13.42
Tangible Book Value	2,267	2,197	2,070	1,661	1,498	1,052
Tangible Book Value Per Share	22.46	21.95	21.50	19.15	18.09	13.42

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q