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TORM plc TRMD
$ 29.32 -1.58%

Annual report 2025
added 04-04-2026

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TORM plc Long-Term Debt 2011-2026 | TRMD

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:
  • Term exceeds 12 months
  • Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
  • Repaid through regular payments (interest and/or principal) over several years
Why long-term debt is needed:
  • Investment in development
    Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
  • Smoothing of cash flows
    A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
  • Optimization of capital structure
    A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:
  • Mortgage loans for property purchases
  • Corporate bonds issued by a company to raise capital
  • Project financing — long-term loans for building or expanding production facilities
  • Leasing obligations for equipment or transport

Annual Long-Term Debt TORM plc

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
- - - - - 740 M 756 M 655 M 654 M 594 M 718 M 1.32 B 1.57 B 1.88 B -

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
1.88 B 594 M 987 M

Quarterly Long-Term Debt TORM plc

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - - - 3.7 M - - - 6.2 M - - - 10.2 M - 29.5 M - 3.2 M - 23.8 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
29.5 M 3.2 M 12.8 M

Long-Term Debt of other stocks in the Oil gas midstream industry

Issuer Long-Term Debt Price % 24h Market Cap Country
Bristow Group Bristow Group
VTOL
644 M $ 49.77 0.81 % $ 1.44 B usaUSA
Brooge Energy Limited Brooge Energy Limited
BROG
180 M - 13.04 % $ 478 M britainBritain
GasLog Ltd. GasLog Ltd.
GLOG
3.53 B - -0.17 % $ 552 M monacoMonaco
Euronav NV Euronav NV
EURN
1.13 B - - $ 3.69 B belgiumBelgium
Enbridge Enbridge
ENB
104 B $ 54.32 -0.33 % $ 118 B canadaCanada
EnLink Midstream, LLC EnLink Midstream, LLC
ENLC
4.47 B - - $ 6.52 B usaUSA
Noble Midstream Partners LP Noble Midstream Partners LP
NBLX
1.11 B - - $ 1.37 B usaUSA
Equitrans Midstream Corporation Equitrans Midstream Corporation
ETRN
13.4 M - - $ 5.39 B usaUSA
BP Midstream Partners LP BP Midstream Partners LP
BPMP
468 M - - $ 1.79 B usaUSA
Cheniere Energy Partners, L.P. Cheniere Energy Partners, L.P.
CQP
17.2 B $ 62.95 -0.88 % $ 30.5 B usaUSA
Altus Midstream Company Altus Midstream Company
ALTM
624 M - -0.79 % $ 1.07 B usaUSA
Diamond S Shipping Inc. Diamond S Shipping Inc.
DSSI
196 M - 2.00 % $ 394 M usaUSA
Enable Midstream Partners, LP Enable Midstream Partners, LP
ENBL
3.95 B - 1.44 % $ 3.07 B usaUSA
NavSight Holdings, Inc. NavSight Holdings, Inc.
NSH
42.5 M - 7.58 % $ 285 M usaUSA
Oasis Midstream Partners LP Oasis Midstream Partners LP
OMP
450 M - 2.48 % $ 1.08 B usaUSA
GasLog Partners LP GasLog Partners LP
GLOP
1.18 B - 61.31 % $ 441 M greeceGreece
Phillips 66 Partners LP Phillips 66 Partners LP
PSXP
3.44 B - -2.33 % $ 7.93 B usaUSA
Antero Midstream Corporation Antero Midstream Corporation
AM
3.22 B $ 22.03 -0.81 % $ 10.5 B usaUSA
Green Plains Partners LP Green Plains Partners LP
GPP
58.6 M - - $ 286 M usaUSA
TC PipeLines, LP TC PipeLines, LP
TCP
250 M - 1.65 % $ 2.21 B usaUSA
Teekay LNG Partners L.P. Teekay LNG Partners L.P.
TGP
1.22 B - -0.12 % $ 1.47 B bermudaBermuda
Blueknight Energy Partners, L.P. Blueknight Energy Partners, L.P.
BKEP
98 M - - $ 195 M usaUSA
Holly Energy Partners, L.P. Holly Energy Partners, L.P.
HEP
1.56 B - - $ 2.59 B usaUSA
Höegh LNG Partners LP Höegh LNG Partners LP
HMLP
374 M - 0.05 % $ 308 M bermudaBermuda
Navigator Holdings Ltd. Navigator Holdings Ltd.
NVGS
138 M $ 19.74 -0.6 % $ 1.33 B britainBritain
MPLX LP MPLX LP
MPLX
18.8 B $ 56.15 -0.37 % $ 57 B usaUSA
Pembina Pipeline Corporation Pembina Pipeline Corporation
PBA
10.3 B $ 44.34 -0.72 % $ 16.8 B canadaCanada
DCP Midstream, LP DCP Midstream, LP
DCP
4.36 B - -0.02 % $ 8.7 B usaUSA
Martin Midstream Partners L.P. Martin Midstream Partners L.P.
MMLP
513 M $ 2.74 4.58 % $ 107 M usaUSA
Star Group, L.P. Star Group, L.P.
SGU
188 M $ 12.53 -0.4 % $ 442 M usaUSA
Crestwood Equity Partners LP Crestwood Equity Partners LP
CEQP
2.05 B - - $ 2.97 B usaUSA
Genesis Energy, L.P. Genesis Energy, L.P.
GEL
3.05 B $ 17.81 -0.78 % $ 2.18 B usaUSA
Hess Midstream LP Hess Midstream LP
HESM
2.88 B $ 39.57 0.64 % $ 8.17 B usaUSA
Plains GP Holdings, L.P. Plains GP Holdings, L.P.
PAGP
8.4 B $ 23.58 -0.13 % $ 4.67 B usaUSA
PBF Logistics LP PBF Logistics LP
PBFX
625 M - -1.19 % $ 1.35 B usaUSA
TC Energy Corporation TC Energy Corporation
TRP
1.6 B $ 63.83 -0.56 % $ 66.4 B canadaCanada
Kinder Morgan Kinder Morgan
KMI
30.8 B $ 32.68 -0.86 % $ 72.6 B usaUSA
Dorian LPG Ltd. Dorian LPG Ltd.
LPG
499 M $ 34.61 -0.92 % $ 1.46 B usaUSA
Viper Energy Partners LP Viper Energy Partners LP
VNOM
1.08 B $ 45.12 0.67 % $ 4.24 B usaUSA
Western Midstream Partners, LP Western Midstream Partners, LP
WES
6.57 B $ 41.08 0.34 % $ 16.2 B usaUSA
Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P.
MMP
5.02 B - - $ 13.9 B usaUSA
The Williams Companies The Williams Companies
WMB
27.3 B $ 72.74 -0.11 % $ 88.8 B usaUSA
NuStar Energy L.P. NuStar Energy L.P.
NS
3.24 B - - $ 2.78 B usaUSA
ONEOK ONEOK
OKE
30.8 B $ 86.21 0.03 % $ 53.9 B usaUSA
Cheniere Energy Cheniere Energy
LNG
22.5 B - -0.73 % $ 40.2 B usaUSA
Shell Midstream Partners, L.P. Shell Midstream Partners, L.P.
SHLX
23 M - - $ 6.22 B usaUSA
Summit Midstream Partners, LP Summit Midstream Partners, LP
SMLP
1.36 B - - $ 167 M usaUSA
Teekay Corporation Teekay Corporation
TK
416 M $ 12.33 -1.83 % $ 1.06 B bermudaBermuda
Evolve Transition Infrastructure LP Evolve Transition Infrastructure LP
SNMP
39.5 M - -0.75 % $ 11.2 M usaUSA