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TORM (TRMD) Other Income (Expense) : $67 Mil (TTM As of Mar. 2024)


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What is TORM Other Income (Expense)?

TORM's other income expense for the TORM's pretax income for the three months ended in Mar. 2024 was $17 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was $67 Mil.

TORM Other Income (Expense) Historical Data

The historical data trend for TORM's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TORM Other Income (Expense) Chart

TORM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Income (Expense)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.88 -11.25 -4.75 7.67 50.38

TORM Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Income (Expense) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 3.50 7.00 39.88 17.00

TORM Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $67 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TORM  (NAS:TRMD) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

TORM (TRMD) Business Description

Industry
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Traded in Other Exchanges
TRMDAc:UK 0RG4:UK TRMD A:Denmark 1T4:Germany 1T4:Germany
Address
20 Street Dunstan's Hill, OFFICE 105, London, GBR, EC3R 8HL
Website
https://www.torm.com
TORM PLC operates as a shipping company. The company owns and operates product tankers. It is primarily engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Exhaust segment.