Thomson Reuters Corporation

NYSE:TRI Stock Report

Mkt Cap: US$59.2b

Thomson Reuters Financial Health

Financial Health criteria checks 4/6

Thomson Reuters has a total shareholder equity of $12.5B and total debt of $4.4B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are $21.0B and $8.6B respectively. Thomson Reuters's EBIT is $1.8B making its interest coverage ratio 6.9. It has cash and short-term investments of $1.8B.

Key information

35.4%

Debt to equity ratio

US$4.42b

Debt

Interest coverage ratio6.9x
CashUS$1.77b
EquityUS$12.48b
Total liabilitiesUS$8.56b
Total assetsUS$21.04b

Recent financial health updates

No updates

Recent updates

Thomson Reuters: Strong Growth In Cash And Earnings Despite Macroeconomic Pressures

Feb 26

Thomson Reuters Q4 2022 Earnings Preview

Feb 08

Thomson Reuters to acquire SurePrep for $500M in cash

Nov 11

Thomson Reuters Q3 2022 Earnings Preview

Oct 31

Thomson Reuters: Wait For A Better Entry Point

Sep 19

Thomson Reuters: Further Growth Anticipated In Multiple Segments

Aug 24

Thomson Reuters Q2 2022 Earnings Preview

Aug 03

Thomson Reuters: Impressive Revenue Growth In A Challenging Environment

Jun 30

Thomson Reuters Will Expand Margins, But Its Qualities Are Priced In

Mar 26

Thomson Reuters: Venture Capital Fund And Cloud Migration In The Limelight

Nov 26

Thomson Reuters: Change Is Happening

Aug 30

Thomson Reuters: All Eyes On Margin Guidance And Subscriber Paywall

Jun 14

Thomson Reuters declares $0.405 dividend

May 04

Financial Position Analysis

Short Term Liabilities: TRI's short term assets ($3.4B) do not cover its short term liabilities ($3.7B).

Long Term Liabilities: TRI's short term assets ($3.4B) do not cover its long term liabilities ($4.8B).

Debt to Equity History and Analysis

Debt Level: TRI's net debt to equity ratio (21.2%) is considered satisfactory.

Reducing Debt: TRI's debt to equity ratio has reduced from 55.1% to 35.4% over the past 5 years.

Debt Coverage: TRI's debt is well covered by operating cash flow (43.2%).

Interest Coverage: TRI's interest payments on its debt are well covered by EBIT (6.9x coverage).

Balance Sheet

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