Thomson Reuters Balance Sheet Health
Financial Health criteria checks 4/6
Thomson Reuters has a total shareholder equity of $11.9B and total debt of $4.8B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are $21.7B and $9.8B respectively. Thomson Reuters's EBIT is $1.8B making its interest coverage ratio 6.9. It has cash and short-term investments of $1.3B.
Key information
40.1%
Debt to equity ratio
US$4.76b
Debt
| Interest coverage ratio | 6.9x |
| Cash | US$1.27b |
| Equity | US$11.89b |
| Total liabilities | US$9.83b |
| Total assets | US$21.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRI N's short term assets ($2.8B) do not cover its short term liabilities ($4.9B).
Long Term Liabilities: TRI N's short term assets ($2.8B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: TRI N's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: TRI N's debt to equity ratio has reduced from 53.6% to 40.1% over the past 5 years.
Debt Coverage: TRI N's debt is well covered by operating cash flow (40.2%).
Interest Coverage: TRI N's interest payments on its debt are well covered by EBIT (6.9x coverage).