Is it safe?
Can TRMD take a bad year?
TORM plc carries $766M of net debt at 0.98× EBITDA: a load its earnings can carry.
$766M
Net debt · as at Q2 2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.98×
Net debt / EBITDA · 0.94× a year ago · the load is going up
- Interest cover
- 8.01×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 41%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2025
- $1.13B
- Cash and short-term investments
- $360M
- Net debt
- $766M
- EBITDA, trailing twelve months
- $779M
- Operating profit, trailing twelve months
- $584M
- Debt / equity
- 0.53×
- Total debt / EBITDA
- 1.45×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −61%
- Below its 52-week high
- −12%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Midstream
Ranks #7 of 27 by Smart Score