Thomson Reuters Balance Sheet Health
Financial Health criteria checks 4/6
Thomson Reuters has a total shareholder equity of $11.2B and total debt of $5.6B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are $20.9B and $9.7B respectively. Thomson Reuters's EBIT is $1.9B making its interest coverage ratio 7.5. It has cash and short-term investments of $3.0B.
Key information
49.8%
Debt to equity ratio
US$5.58b
Debt
| Interest coverage ratio | 7.5x |
| Cash | US$2.96b |
| Equity | US$11.20b |
| Total liabilities | US$9.69b |
| Total assets | US$20.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOCB's short term assets ($4.4B) do not cover its short term liabilities ($4.9B).
Long Term Liabilities: TOCB's short term assets ($4.4B) do not cover its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: TOCB's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: TOCB's debt to equity ratio has reduced from 64.4% to 49.8% over the past 5 years.
Debt Coverage: TOCB's debt is well covered by operating cash flow (38.9%).
Interest Coverage: TOCB's interest payments on its debt are well covered by EBIT (7.5x coverage).