Torm annual net debt
2015
2016
2017
2018
2019
2020
2022
2023
2024
2025
Torm Net Debt Growth & History (TRMD)
Torm's net debt was $1.00B for fiscal 2025.
View full Torm company overviewTorm annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.00B | $48.1M | +5.04% |
| 2024 | 2024-12-31 | $954.4M | $160.3M | +20.19% |
| 2023 | 2023-12-31 | $794.1M | $147.7M | +22.85% |
| 2022 | 2022-12-31 | $646.4M | — | — |
| 2020 | 2020-12-31 | $761.2M | −$67.3M | −8.12% |
| 2019 | 2019-12-31 | $828.5M | $172.4M | +26.29% |
| 2018 | 2018-12-31 | $656.0M | $41.7M | +6.78% |
| 2017 | 2017-12-31 | $614.4M | $16.9M | +2.82% |
| 2016 | 2016-12-31 | $597.5M | −$1.7M | −0.29% |
| 2015 | 2015-12-31 | $599.2M | — | — |
Torm quarterly net debt
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
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | $885.4M | $65.4M | +7.98% |
| Q4 2025 | 2025-12-31 | $1.00B | — | — |
| Q3 2025 | 2025-09-30 | $679.7M | — | — |
| Q2 2025 | 2025-06-30 | $766.2M | $35.3M | +4.83% |
| Q1 2025 | 2025-03-31 | $820.0M | — | — |
| Q2 2024 | 2024-06-30 | $730.9M | — | — |
| Q4 2023 | 2023-12-31 | $800.7M | $154.3M | +23.87% |
| Q3 2023 | 2023-09-30 | $847.7M | — | — |
| Q4 2022 | 2022-12-31 | $646.4M | −$351.6M | −35.23% |
| Q2 2022 | 2022-06-30 | $918.9M | — | — |
| Q4 2021 | 2021-12-31 | $998.0M | $236.8M | +31.11% |
| Q3 2021 | 2021-09-30 | $936.2M | — | — |
| Q4 2020 | 2020-12-31 | $761.2M | −$67.3M | −8.12% |
| Q4 2019 | 2019-12-31 | $828.5M | $172.4M | +26.29% |
| Q2 2019 | 2019-06-30 | $628.0M | — | — |
| Q4 2018 | 2018-12-31 | $656.0M | $41.7M | +6.78% |
| Q3 2018 | 2018-09-30 | $565.4M | — | — |
| Q4 2017 | 2017-12-31 | $614.4M | — | — |
Torm net debt trends
Over the last five fiscal years, Torm's net debt increased from $761.2M to $1.00B, a change of $241.3M. The latest reported quarter, Q1 2026, shows $885.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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