Torm Historical Income Statement
| TRMD Stock | USD 38.03 0.19 0.50% |
Historical analysis of Torm PLC income statement accounts such as EBIT of 662 M, Ebitda of 821.9 M, Total Operating Expenses of 80.3 M or Depreciation And Amortization of 106.1 M can show how well Torm PLC Class performed in making a profits. Evaluating Torm PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Torm PLC's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Torm PLC Class latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Torm PLC Class is a good buy for the upcoming year.
Torm |
About Torm Income Statement Analysis
Torm PLC Class Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Torm PLC shareholders. The income statement also shows Torm investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Torm PLC Income Statement Chart
Torm PLC Class Income Statement is one of the three primary financial statements used for reporting Torm's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Torm PLC Class revenue and expense. Torm PLC Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Torm PLC's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 662 M, whereas Other Operating Expenses is forecasted to decline to about 690.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Torm PLC Class generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Torm PLC Class minus its cost of goods sold. It is profit before Torm PLC operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Torm PLC Class. It is also known as Torm PLC overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Cost Of Revenue
Cost of Revenue is found on Torm PLC Class income statement and represents the costs associated with goods and services Torm PLC provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from Torm PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Torm PLC Class current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. At present, Torm PLC's Operating Income is projected to increase significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 662 M, whereas Other Operating Expenses is forecasted to decline to about 690.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 247.7M | 844.9M | 714.9M | 750.7M | Total Revenue | 619.5M | 1.4B | 1.6B | 811.0M |
Torm PLC income statement Correlations
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Torm PLC Account Relationship Matchups
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Torm PLC income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 692.6M | 747.4M | 619.5M | 1.4B | 1.6B | 811.0M | |
| Gross Profit | 314.7M | 397.5M | 247.7M | 844.9M | 714.9M | 750.7M | |
| Other Operating Expenses | 601.5M | 598.2M | 613.4M | 849.6M | 920.6M | 690.8M | |
| Operating Income | 90.8M | 138.9M | 6.2M | 601.4M | 630.4M | 662.0M | |
| Ebit | 90.8M | 138.9M | 6.2M | 601.4M | 630.4M | 662.0M | |
| Ebitda | 200.9M | 269.6M | 137.1M | 737.4M | 782.8M | 821.9M | |
| Total Operating Expenses | 223.6M | 248.3M | 241.6M | 251.1M | 84.5M | 80.3M | |
| Depreciation And Amortization | 110.1M | 130.7M | 130.9M | 135.9M | 152.3M | 106.1M | |
| Income Before Tax | 166.8M | 89.5M | (40.8M) | 556.7M | 665.2M | 698.4M | |
| Total Other Income Expense Net | 76.0M | (49.4M) | (47M) | (44.8M) | 34.7M | 36.5M | |
| Net Income | 166.0M | 88.1M | (42.1M) | 562.8M | 648.3M | 680.7M | |
| Income Tax Expense | 784K | 1.4M | 1.3M | (5.9M) | 4.1M | 4.3M | |
| Interest Expense | 39.3M | 47.1M | 42.4M | 48.7M | 57.0M | 48.0M | |
| Cost Of Revenue | 377.9M | 349.8M | 371.8M | 598.5M | 836.1M | 525.8M | |
| Selling General Administrative | 47.7M | 50.8M | 51.5M | 55.0M | 82.9M | 45.0M | |
| Net Income From Continuing Ops | 166.0M | 88.1M | (42.1M) | 562.6M | 648.0M | 680.4M | |
| Net Income Applicable To Common Shares | 166.0M | 88.1M | (42.1M) | 562.8M | 647.2M | 679.5M | |
| Tax Provision | 784K | 1.4M | 1.3M | (5.9M) | 4.0M | 4.2M | |
| Interest Income | 2.7M | 2.5M | 500K | 4M | 14.3M | 15.0M | |
| Net Interest Income | (39.2M) | (48.4M) | (42.2M) | (44.3M) | (46.6M) | (48.9M) | |
| Reconciled Depreciation | 110.1M | 121.9M | 130.9M | 139.0M | 149.3M | 138.3M |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Torm PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Torm PLC's short interest history, or implied volatility extrapolated from Torm PLC options trading.
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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Torm PLC Class. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Torm Stock analysis
When running Torm PLC's price analysis, check to measure Torm PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Torm PLC is operating at the current time. Most of Torm PLC's value examination focuses on studying past and present price action to predict the probability of Torm PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torm PLC's price. Additionally, you may evaluate how the addition of Torm PLC to your portfolios can decrease your overall portfolio volatility.
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Is Torm PLC's industry 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 (0.22) | Dividend Share 5.78 | Earnings Share 7.94 | Revenue Per Share 18.187 | Quarterly Revenue Growth (0.13) |
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.