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
No updates
Recent updates
Thomson Reuters: A Buy As Earnings And Outlook Exceed Expectations
Nov 07Thomson Reuters: Organic Growth Outlook Remains Positive
Aug 04Thomson Reuters: Staying Bullish Following Beat-And-Raise Quarter
May 05Thomson Reuters: Good Results And Positive Outlook Support A Buy Rating
Feb 11Thomson Reuters: Organic Growth Stabilizing, But Still Expensive
Nov 27Thomson Reuters: Favorable Takeaways From Recent Investor Event Participation
Nov 20Thomson Reuters: Valuation Relative To Peers Remain Unattractive
Sep 13Thomson Reuters: Consider Recent M&A And Future Capital Deployment
Jul 24Thomson Reuters: Strong Growth In Cash And Earnings Despite Macroeconomic Pressures
Feb 26Thomson Reuters Q4 2022 Earnings Preview
Feb 08Thomson Reuters to acquire SurePrep for $500M in cash
Nov 11Financial 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 22:19 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thomson Reuters Corporation is covered by 38 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| Manav Patnaik | Barclays |
| Edward Atorino | Benchmark Company |