Torm Interest Income from 2010 to 2024

TRMD Stock  USD 37.33  0.77  2.11%   
Torm PLC's Interest Income is decreasing over the years with slightly volatile fluctuation. Overall, Interest Income is expected to go to about 15 M this year. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
3.5 M
Current Value
6.4 M
Quarterly Volatility
2.4 M
 
Covid
Check Torm PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Torm PLC's main balance sheet or income statement drivers, such as Total Revenue of 811 M, Gross Profit of 750.7 M or Other Operating Expenses of 690.8 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.17 or PTB Ratio of 0.97. Torm financial statements analysis is a perfect complement when working with Torm PLC Valuation or Volatility modules.
  
Check out the analysis of Torm PLC Correlation against competitors.

Latest Torm PLC's Interest Income Growth Pattern

Below is the plot of the Interest Income of Torm PLC Class over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Torm PLC's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Torm PLC's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Torm Interest Income Regression Statistics

Arithmetic Mean8,745,730
Geometric Mean4,416,910
Coefficient Of Variation75.30
Mean Deviation6,248,681
Median14,259,000
Standard Deviation6,585,137
Sample Variance43.4T
Range14.8M
R-Value(0.42)
Mean Square Error38.4T
R-Squared0.18
Significance0.12
Slope(621,580)
Total Sum of Squares607.1T

Torm Interest Income History

202415 M
202314.3 M
2022M
2020500 K
20192.5 M
20182.7 M
20174.3 M

Other Fundumenentals of Torm PLC Class

Torm PLC Interest Income component correlations

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0.58-0.46-0.270.29-0.02-0.340.61-0.020.350.590.98-0.06-0.470.930.890.790.910.360.15-0.720.770.510.61
0.45-0.460.980.10.68-0.40.040.470.430.16-0.56-0.15-0.22-0.48-0.59-0.41-0.570.13-0.070.53-0.23-0.14-0.14
0.63-0.270.980.150.73-0.510.20.510.540.32-0.39-0.16-0.35-0.29-0.44-0.27-0.410.22-0.080.43-0.07-0.01-0.01
0.380.290.10.15-0.18-0.490.02-0.010.270.070.23-0.27-0.530.250.380.380.40.180.69-0.370.22-0.150.07
0.57-0.020.680.73-0.18-0.20.280.750.720.36-0.040.04-0.1-0.2-0.36-0.24-0.340.14-0.190.3-0.030.070.0
-0.75-0.34-0.4-0.51-0.49-0.2-0.27-0.12-0.61-0.43-0.190.290.97-0.29-0.36-0.3-0.350.01-0.090.33-0.19-0.1-0.16
0.640.610.040.20.020.28-0.270.090.280.970.58-0.18-0.30.690.450.480.480.54-0.31-0.310.820.920.89
0.4-0.020.470.51-0.010.75-0.120.090.470.2-0.010.24-0.04-0.23-0.3-0.21-0.290.06-0.070.26-0.11-0.05-0.06
0.750.350.430.540.270.72-0.610.280.470.380.3-0.01-0.580.110.150.110.14-0.030.06-0.130.060.010.02
0.730.590.160.320.070.36-0.430.970.20.380.54-0.23-0.440.660.430.470.470.53-0.29-0.320.80.870.86
0.450.98-0.56-0.390.23-0.04-0.190.58-0.010.30.54-0.05-0.350.890.870.770.880.30.15-0.750.740.50.59
-0.19-0.06-0.15-0.16-0.270.040.29-0.180.24-0.01-0.23-0.050.4-0.17-0.14-0.36-0.160.02-0.150.55-0.33-0.17-0.27
-0.72-0.47-0.22-0.35-0.53-0.10.97-0.3-0.04-0.58-0.44-0.350.4-0.42-0.53-0.46-0.510.03-0.160.54-0.3-0.14-0.24
0.50.93-0.48-0.290.25-0.2-0.290.69-0.230.110.660.89-0.17-0.420.880.810.920.520.08-0.680.90.660.75
0.360.89-0.59-0.440.38-0.36-0.360.45-0.30.150.430.87-0.14-0.530.880.890.990.220.31-0.840.70.370.59
0.410.79-0.41-0.270.38-0.24-0.30.48-0.210.110.470.77-0.36-0.460.810.890.90.340.37-0.810.790.350.7
0.40.91-0.57-0.410.4-0.34-0.350.48-0.290.140.470.88-0.16-0.510.920.990.90.310.31-0.820.760.410.63
0.440.360.130.220.180.140.010.540.06-0.030.530.30.020.030.520.220.340.310.160.070.70.420.59
0.070.15-0.07-0.080.69-0.19-0.09-0.31-0.070.06-0.290.15-0.15-0.160.080.310.370.310.16-0.290.09-0.49-0.13
-0.23-0.720.530.43-0.370.30.33-0.310.26-0.13-0.32-0.750.550.54-0.68-0.84-0.81-0.820.07-0.29-0.56-0.28-0.45
0.540.77-0.23-0.070.22-0.03-0.190.82-0.110.060.80.74-0.33-0.30.90.70.790.760.70.09-0.560.760.92
0.380.51-0.14-0.01-0.150.07-0.10.92-0.050.010.870.5-0.17-0.140.660.370.350.410.42-0.49-0.280.760.83
0.460.61-0.14-0.010.070.0-0.160.89-0.060.020.860.59-0.27-0.240.750.590.70.630.59-0.13-0.450.920.83
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About Torm PLC Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Torm PLC income statement, its balance sheet, and the statement of cash flows. Torm PLC investors use historical funamental indicators, such as Torm PLC's Interest Income, to determine how well the company is positioned to perform in the future. Although Torm PLC investors may use each financial statement separately, they are all related. The changes in Torm PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Torm PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Torm PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Torm PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Income14.3 M15 M
Net Interest Income-46.6 M-48.9 M

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Additional Information and Resources on Investing in Torm Stock

When determining whether Torm PLC Class is a strong investment it is important to analyze Torm PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Torm PLC's future performance. For an informed investment choice regarding Torm Stock, refer to the following important reports:
Check out the analysis of Torm PLC Correlation against competitors.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Torm PLC. If investors know Torm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Torm PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.256
Dividend Share
5.82
Earnings Share
7.94
Revenue Per Share
18.397
Quarterly Revenue Growth
0.138
The market value of Torm PLC Class is measured differently than its book value, which is the value of Torm that is recorded on the company's balance sheet. Investors also form their own opinion of Torm PLC's value that differs from its market value or its book value, called intrinsic value, which is Torm PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Torm PLC's market value can be influenced by many factors that don't directly affect Torm PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Torm PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Torm PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Torm PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.