Thomson Reuters Balance Sheet Health
Financial Health criteria checks 5/6
Thomson Reuters has a total shareholder equity of $11.9B and total debt of $2.9B, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are $18.4B and $6.6B respectively. Thomson Reuters's EBIT is $1.9B making its interest coverage ratio 18.3. It has cash and short-term investments of $1.8B.
Key information
24.3%
Debt to equity ratio
US$2.88b
Debt
| Interest coverage ratio | 18.3x |
| Cash | US$1.79b |
| Equity | US$11.87b |
| Total liabilities | US$6.56b |
| Total assets | US$18.43b |
Recent financial health updates
Does Thomson Reuters (TSE:TRI) Have A Healthy Balance Sheet?
Aug 28
Does Thomson Reuters (TSE:TRI) Have A Healthy Balance Sheet?
Apr 10Thomson Reuters (TSE:TRI) Has A Pretty Healthy Balance Sheet
Oct 28Thomson Reuters (TSE:TRI) Seems To Use Debt Rather Sparingly
Jul 26Recent updates
Thomson Reuters (TSE:TRI) Strong Profits May Be Masking Some Underlying Issues
Nov 13The Return Trends At Thomson Reuters (TSE:TRI) Look Promising
Oct 13Is Thomson Reuters Corporation (TSE:TRI) Worth CA$229 Based On Its Intrinsic Value?
Sep 18Does Thomson Reuters (TSE:TRI) Have A Healthy Balance Sheet?
Aug 28Getting In Cheap On Thomson Reuters Corporation (TSE:TRI) Is Unlikely
Jul 15Investors Will Want Thomson Reuters' (TSE:TRI) Growth In ROCE To Persist
Jun 23Does Thomson Reuters (TSE:TRI) Have A Healthy Balance Sheet?
Apr 10Some Shareholders Feeling Restless Over Thomson Reuters Corporation's (TSE:TRI) P/E Ratio
Mar 23Is Thomson Reuters Corporation (TSE:TRI) Worth CA$215 Based On Its Intrinsic Value?
Mar 05We Think That There Are Issues Underlying Thomson Reuters' (TSE:TRI) Earnings
Feb 15Thomson Reuters' (TSE:TRI) Returns On Capital Are Heading Higher
Feb 04Getting In Cheap On Thomson Reuters Corporation (TSE:TRI) Is Unlikely
Dec 22Thomson Reuters (TSE:TRI) Has A Pretty Healthy Balance Sheet
Oct 28A Look At The Fair Value Of Thomson Reuters Corporation (TSE:TRI)
Sep 22Thomson Reuters (TSE:TRI) Seems To Use Debt Rather Sparingly
Jul 26Thomson Reuters Corporation's (TSE:TRI) Intrinsic Value Is Potentially 20% Below Its Share Price
Jun 18Thomson Reuters (TSE:TRI) Is Looking To Continue Growing Its Returns On Capital
May 31Financial Position Analysis
Short Term Liabilities: TRI's short term assets ($3.4B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: TRI's short term assets ($3.4B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: TRI's net debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: TRI's debt to equity ratio has reduced from 38.4% to 24.3% over the past 5 years.
Debt Coverage: TRI's debt is well covered by operating cash flow (90.1%).
Interest Coverage: TRI's interest payments on its debt are well covered by EBIT (18.3x coverage).