Torm Current Ratio Growth & History (TRMD)
Torm's current ratio was 1.33 for fiscal 2025.
View full Torm company overviewTorm annual current ratio history
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.33 | −0.83 | −38.54% |
| 2024 | 2024-12-31 | 2.16 | −0.45 | −17.22% |
| 2023 | 2023-12-31 | 2.60 | −0.98 | −27.33% |
| 2022 | 2022-12-31 | 3.58 | 2.40 | +203.02% |
| 2021 | 2021-12-31 | 1.18 | −0.06 | −4.52% |
| 2020 | 2020-12-31 | 1.24 | 0.13 | +11.84% |
| 2019 | 2019-12-31 | 1.11 | −0.50 | −31.27% |
| 2018 | 2018-12-31 | 1.61 | −0.06 | −3.77% |
| 2017 | 2017-12-31 | 1.67 | 0.48 | +40.23% |
| 2016 | 2016-12-31 | 1.19 | — | — |
Torm quarterly current ratio
Q4.16
Q4.17
Q3.18
Q4.18
Q2.19
Q4.19
Q4.20
Q3.21
Q4.21
Q2.22
Q4.22
Q3.23
Q4.23
Q2.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | 1.40 | −1.15 | −45.08% |
| Q4 2025 | 2025-12-31 | 1.33 | −0.83 | −38.54% |
| Q3 2025 | 2025-09-30 | 2.37 | — | — |
| Q2 2025 | 2025-06-30 | 2.57 | −0.62 | −19.40% |
| Q1 2025 | 2025-03-31 | 2.55 | — | — |
| Q4 2024 | 2024-12-31 | 2.16 | −0.45 | −17.22% |
| Q2 2024 | 2024-06-30 | 3.18 | — | — |
| Q4 2023 | 2023-12-31 | 2.60 | −0.98 | −27.33% |
| Q3 2023 | 2023-09-30 | 2.33 | — | — |
| Q4 2022 | 2022-12-31 | 3.58 | 2.40 | +203.02% |
| Q2 2022 | 2022-06-30 | 2.25 | — | — |
| Q4 2021 | 2021-12-31 | 1.18 | −0.06 | −4.52% |
| Q3 2021 | 2021-09-30 | 0.95 | — | — |
| Q4 2020 | 2020-12-31 | 1.24 | 0.13 | +11.84% |
| Q4 2019 | 2019-12-31 | 1.11 | −0.50 | −31.27% |
| Q2 2019 | 2019-06-30 | 1.34 | — | — |
| Q4 2018 | 2018-12-31 | 1.61 | −0.06 | −3.77% |
| Q3 2018 | 2018-09-30 | 1.85 | — | — |
| Q4 2017 | 2017-12-31 | 1.67 | 0.48 | +40.23% |
| Q4 2016 | 2016-12-31 | 1.19 | — | — |
Torm current ratio trends
Over the last five fiscal years, Torm's current ratio increased from 1.24 to 1.33, a change of 0.09. The latest reported quarter, Q1 2026, shows 1.40.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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