Thomson Reuters Balance Sheet Health
Financial Health criteria checks 5/6
Thomson Reuters has a total shareholder equity of $11.6B and total debt of $3.1B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are $18.4B and $6.8B respectively. Thomson Reuters's EBIT is $1.9B making its interest coverage ratio 16.9. It has cash and short-term investments of $1.7B.
Key information
26.8%
Debt to equity ratio
US$3.11b
Debt
| Interest coverage ratio | 16.9x |
| Cash | US$1.70b |
| Equity | US$11.62b |
| Total liabilities | US$6.76b |
| Total assets | US$18.38b |
Recent financial health updates
Does Thomson Reuters (TSE:TRI) Have A Healthy Balance Sheet?
Apr 10
Thomson Reuters (TSE:TRI) Has A Pretty Healthy Balance Sheet
Oct 28Thomson Reuters (TSE:TRI) Seems To Use Debt Rather Sparingly
Jul 26Is Thomson Reuters (TSE:TRI) Using Too Much Debt?
Mar 10Recent updates
Getting 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 31Is Thomson Reuters (TSE:TRI) Using Too Much Debt?
Mar 10A Look At The Intrinsic Value Of Thomson Reuters Corporation (TSE:TRI)
Feb 13Financial Position Analysis
Short Term Liabilities: TRI's short term assets ($3.3B) do not cover its short term liabilities ($3.7B).
Long Term Liabilities: TRI's short term assets ($3.3B) exceed its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: TRI's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: TRI's debt to equity ratio has reduced from 36.2% to 26.8% over the past 5 years.
Debt Coverage: TRI's debt is well covered by operating cash flow (80.9%).
Interest Coverage: TRI's interest payments on its debt are well covered by EBIT (16.9x coverage).