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Torm PLC
CSE:TRMD A

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Torm PLC
CSE:TRMD A
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Price: 134.2 DKK 2.68% Market Closed
Market Cap: 13.1B DKK
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Torm PLC
Other Current Assets

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Torm PLC
Other Current Assets Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Other Current Assets CAGR 3Y CAGR 5Y CAGR 10Y
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Torm PLC
CSE:TRMD A
Other Current Assets
$130.1m
CAGR 3-Years
35%
CAGR 5-Years
59%
CAGR 10-Years
N/A
Knot Offshore Partners LP
NYSE:KNOP
Other Current Assets
$18.9m
CAGR 3-Years
17%
CAGR 5-Years
31%
CAGR 10-Years
16%
Navigator Holdings Ltd
NYSE:NVGS
Other Current Assets
$15.9m
CAGR 3-Years
-22%
CAGR 5-Years
-5%
CAGR 10-Years
5%
NWF Group PLC
LSE:NWF
Other Current Assets
ÂŁ2.1m
CAGR 3-Years
119%
CAGR 5-Years
60%
CAGR 10-Years
27%
No Stocks Found

Torm PLC
Glance View

Market Cap
12.6B DKK
Industry
Energy

Torm PLC, a distinguished name in the maritime industry, navigates through the world's oceans as one of the leading product tanker companies. Based in Denmark, Torm operates a modernized fleet of vessels that transport refined oil products, such as gasoline, diesel, and jet fuel, across the globe. These transactions are not merely mundane logistical feats but are pivotal in connecting refineries with markets that thirst for energy. The company thrives on the complex yet efficient orchestration of managing voyage charters and time charters. Voyage charters involve the transportation of cargo for a single voyage between load port and discharge port at a fixed rate, while time charters lease vessels for a set period, providing steady revenue regardless of market fluctuations. Torm’s prowess lies in its ability to leverage these operational strategies, optimizing routes and timing shipments to capitalize on market dynamics. The company's financial engine is powered not just by its operational excellence but also by its strategic adaptability. Torm employs a flexible business model that allows it to adjust its fleet deployment to either spot or charter contracts based on market conditions, optimizing profitability. This approach is complemented by an integrated internal platform that ensures timely decisions backed by data-driven insights, seamlessly coupling operational acumen with real-time maritime intelligence. Torm also emphasizes the focus on sustainability by advancing in eco-efficient operations, which aligns with global regulatory adherence and burgeoning demand for environmentally conscious solutions. In essence, Torm PLC weaves together a comprehensive strategy that not only transports crucial products efficiently across the seas but also advances the company’s standing as a stalwart in the economically vital maritime sector.

TRMD A Intrinsic Value
239.53 DKK
Undervaluation 44%
Intrinsic Value
Price
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See Also

What is Torm PLC's Other Current Assets?
Other Current Assets
130.1m USD

Based on the financial report for Dec 31, 2023, Torm PLC's Other Current Assets amounts to 130.1m USD.

What is Torm PLC's Other Current Assets growth rate?
Other Current Assets CAGR 5Y
59%

Over the last year, the Other Current Assets growth was 89%. The average annual Other Current Assets growth rates for Torm PLC have been 35% over the past three years , 59% over the past five years .

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