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TORM (TRMD) Quick Ratio

Annual Quick Ratio

2.37
-0.87-26.85%

December 31, 2023

Summary

Performance

1-Year Change

-26.85%

3-Year Change

+111.61%

5-Year Change

+71.74%

15-Year Change

+62.33%

TRMD Quick Ratio Chart

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Highlights

Sector Rank

84.94%
TRMD annual quick ratio is higher than 84.94% of companies in Energy sector

High & Low

All-time High

3.24
TRMD annual quick ratio is currently -26.85% below its historical high of 3.24

3-Year Low

1.02
TRMD annual quick ratio is currently +132.35% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
TRMD previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

N/A
TRMD next annual earnings announcement has not yet been scheduled

OtherTRMDfinancial healthmetrics:

Annual Current Ratio

2.60
TRMD annual current ratio is 2.60

Annual Debt To Equity

0.64
TRMD annual debt to equity ratio is 0.64

Piotroski F-Score

6
TRMD piotroski f-score is 6

Altman Z-Score

3.18
TRMD altman z-score is 3.18

Quarterly Quick Ratio

2.24
-0.70-23.81%

September 1, 2024

Summary

Performance

3-Month Change

-23.81%

1-Year Change

+7.18%

3-Year Change

+67.16%

5-Year Change

+67.16%

TRMD Quarterly Quick Ratio Chart

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Highlights

Sector Rank

82.82%
TRMD quarterly quick ratio is higher than 82.82% of companies in Energy sector

High & Low

All-time High

3.41
TRMD quarterly quick ratio is currently -34.31% below its historical high of 3.41

3-Year Low

1.02
TRMD quarterly quick ratio is currently +119.61% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 1, 2024
TRMD previous earnings announcement was published on Sep 1, 2024

Next Quarterly Earnings Report Date

N/A
TRMD next earnings announcement has not yet been scheduled

OtherTRMDfinancial healthmetrics:

Quarterly Current Ratio

2.47
TRMD quarterly current ratio is 2.47

Quarterly Debt To Equity

0.59
TRMD quarterly debt to equity ratio is 0.59

Piotroski F-Score

6
TRMD piotroski f-score is 6

Altman Z-Score

3.18
TRMD altman z-score is 3.18

Quick Ratio Formula

Quick Ratio =  
Current Assets - Inventory
Current Liabilities

Annual Quick Ratio

2.37
TRMD annual quick ratio is 2.37

Annual Current Assets

$691.29 M
TRMD annual total current assets is $691.29 million

Annual Inventory

$61.74 M
TRMD annual inventory is $61.74 million

Annual Current Liabilities

$265.50 M
TRMD annual total current liabilities is $265.50 million

TRMD Quick Ratio Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-26.9%+7.2%
3 y3 years+111.6%+67.2%
5 y5 years+71.7%+67.2%

TRMD Quick Ratio Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-26.9%+132.3%-33.3%+119.6%
5 y5-year-26.9%+154.8%-33.3%+183.5%
alltimeall time-26.9%+1592.9%-34.3%+198.7%

TORM Quick Ratio History

DateAnnualQuarterly
Sep 2024
-
2.24(-23.8%)
Jun 2024
-
2.94(-12.5%)
Mar 2024
-
3.36(+41.8%)
Dec 2023
2.37(-26.9%)
2.37(+13.4%)
Sep 2023
-
2.09(+29.8%)
Jun 2023
-
1.61(-46.7%)
Mar 2023
-
3.02(-6.8%)
Dec 2022
3.24(+217.6%)
3.24(+19.1%)
Sep 2022
-
2.72(+40.2%)
Jun 2022
-
1.94(+44.8%)
Mar 2022
-
1.34(+31.4%)
Dec 2021
1.02(-8.9%)
1.02(+29.1%)
Sep 2021
-
0.79(-1.3%)
Jun 2021
-
0.80(-19.2%)
Mar 2021
-
0.99(-11.6%)
Dec 2020
1.12(+20.4%)
1.12(-15.2%)
Sep 2020
-
1.32(-20.5%)
Jun 2020
-
1.66(+38.3%)
Mar 2020
-
1.20(+29.0%)
Dec 2019
0.93(-32.6%)
0.93(-15.5%)
Sep 2019
-
1.10(-3.5%)
Jun 2019
-
1.14(-23.5%)
Mar 2019
-
1.49(+8.0%)
Dec 2018
1.38
1.38(-13.8%)
Sep 2018
-
1.60(0.0%)
Jun 2018
-
1.60(-15.8%)
DateAnnualQuarterly
Mar 2018
-
1.90(+30.1%)
Dec 2017
1.46(+47.5%)
1.46(-4.6%)
Sep 2017
-
1.53(-19.0%)
Jun 2017
-
1.89(+6.8%)
Mar 2017
-
1.77(+78.8%)
Dec 2016
0.99(-56.4%)
0.99(+6.5%)
Sep 2016
-
0.93(-15.5%)
Jun 2016
-
1.10(-15.4%)
Mar 2016
-
1.30(-42.7%)
Dec 2015
2.27(-7.0%)
2.27(-33.4%)
Sep 2015
-
3.41(+315.9%)
Jun 2015
-
0.82(-1.2%)
Mar 2015
-
0.83(-66.0%)
Dec 2014
2.44(+156.8%)
2.44(+225.3%)
Sep 2014
-
0.75(-24.2%)
Jun 2014
-
0.99(-1.0%)
Mar 2014
-
1.00(+5.3%)
Dec 2013
0.95(-59.2%)
0.95
Dec 2012
2.33(+1564.3%)
-
Dec 2011
0.14(-82.1%)
-
Dec 2010
0.78(-21.2%)
-
Dec 2009
0.99(+19.3%)
-
Dec 2008
0.83(+219.2%)
-
Dec 2007
0.26(-74.5%)
-
Dec 2006
1.02(-54.3%)
-
Dec 2005
2.23
-

FAQ

  • What is TORM annual quick ratio?
  • What is the all time high annual quick ratio for TORM?
  • What is TORM annual quick ratio year-on-year change?
  • What is TORM quarterly quick ratio?
  • What is the all time high quarterly quick ratio for TORM?
  • What is TORM quarterly quick ratio year-on-year change?

What is TORM annual quick ratio?

The current annual quick ratio of TRMD is 2.37

What is the all time high annual quick ratio for TORM?

TORM all-time high annual quick ratio is 3.24

What is TORM annual quick ratio year-on-year change?

Over the past year, TRMD annual quick ratio has changed by -0.87 (-26.85%)

What is TORM quarterly quick ratio?

The current quarterly quick ratio of TRMD is 2.24

What is the all time high quarterly quick ratio for TORM?

TORM all-time high quarterly quick ratio is 3.41

What is TORM quarterly quick ratio year-on-year change?

Over the past year, TRMD quarterly quick ratio has changed by +0.15 (+7.18%)