Thomson Free Cash Flow Yield vs Capex To Depreciation Analysis

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Thomson Reuters financial indicator trend analysis is much more than just breaking down Thomson Reuters Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thomson Reuters Corp is a good investment. Please check the relationship between Thomson Reuters Free Cash Flow Yield and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thomson Reuters Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thomson Reuters Corp Free Cash Flow Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Thomson Reuters' Free Cash Flow Yield and Capex To Depreciation is -0.62. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of Thomson Reuters Corp, assuming nothing else is changed. The correlation between historical values of Thomson Reuters' Free Cash Flow Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Thomson Reuters Corp are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Free Cash Flow Yield i.e., Thomson Reuters' Free Cash Flow Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Most indicators from Thomson Reuters' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thomson Reuters Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thomson Reuters Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of the 29th of November 2024, Enterprise Value is likely to grow to about 73.6 B, while Selling General Administrative is likely to drop about 225.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	3.9B	4.2B	2.7B	2.9B
Total Revenue	6.3B	6.6B	6.8B	9.8B

Gross Profit Total Revenue

Thomson Reuters fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Current Deferred Revenue	Good Will
Total Assets		0.92	0.73	0.85	0.93	0.31	0.87	0.62	-0.43	-0.04	1.0	-0.06	-0.11	0.76	0.81	0.94	0.22	0.81	-0.52	0.96	0.22	0.45	0.44	0.87	0.78	0.87
Short Long Term Debt Total	0.92		0.76	0.89	0.73	0.39	0.96	0.39	-0.32	-0.1	0.92	-0.27	-0.17	0.83	0.84	0.96	0.2	0.76	-0.63	0.99	0.22	0.4	0.57	0.91	0.8	0.96
Other Current Liab	0.73	0.76		0.56	0.61	0.06	0.64	0.42	-0.72	0.25	0.71	-0.02	0.18	0.52	0.64	0.78	-0.08	0.56	-0.11	0.76	-0.11	0.45	0.25	0.67	0.65	0.73
Total Current Liabilities	0.85	0.89	0.56		0.72	0.19	0.85	0.49	-0.14	-0.12	0.86	-0.19	-0.16	0.64	0.65	0.77	0.08	0.61	-0.75	0.88	0.12	0.27	0.82	0.74	0.65	0.79
Total Stockholder Equity	0.93	0.73	0.61	0.72		0.17	0.69	0.79	-0.46	-0.04	0.94	0.16	-0.09	0.57	0.62	0.77	0.2	0.72	-0.36	0.79	0.2	0.35	0.31	0.71	0.65	0.67
Property Plant And Equipment Net	0.31	0.39	0.06	0.19	0.17		0.51	-0.14	0.19	-0.48	0.31	-0.24	-0.55	0.76	0.47	0.44	0.86	0.61	-0.37	0.39	0.83	0.08	-0.08	0.55	0.59	0.53
Net Debt	0.87	0.96	0.64	0.85	0.69	0.51		0.39	-0.2	-0.38	0.89	-0.2	-0.43	0.86	0.75	0.9	0.3	0.7	-0.67	0.93	0.39	0.17	0.55	0.88	0.84	0.94
Retained Earnings	0.62	0.39	0.42	0.49	0.79	-0.14	0.39		-0.49	-0.09	0.65	0.59	-0.15	0.12	0.16	0.38	0.0	0.41	-0.08	0.43	0.19	-0.02	0.29	0.29	0.3	0.3
Accounts Payable	-0.43	-0.32	-0.72	-0.14	-0.46	0.19	-0.2	-0.49		-0.39	-0.4	-0.42	-0.32	-0.09	-0.34	-0.41	0.11	-0.42	-0.48	-0.36	0.17	-0.44	0.1	-0.25	-0.21	-0.3
Cash	-0.04	-0.1	0.25	-0.12	-0.04	-0.48	-0.38	-0.09	-0.39		-0.12	-0.15	0.97	-0.33	0.11	-0.01	-0.41	0.03	0.37	-0.05	-0.64	0.73	-0.12	-0.13	-0.32	-0.15
Non Current Assets Total	1.0	0.92	0.71	0.86	0.94	0.31	0.89	0.65	-0.4	-0.12		-0.04	-0.18	0.76	0.77	0.92	0.23	0.78	-0.54	0.95	0.25	0.36	0.47	0.86	0.79	0.87
Non Currrent Assets Other	-0.06	-0.27	-0.02	-0.19	0.16	-0.24	-0.2	0.59	-0.42	-0.15	-0.04		-0.14	-0.35	-0.38	-0.24	0.07	-0.06	0.46	-0.24	0.16	-0.28	-0.26	-0.32	-0.1	-0.3
Cash And Short Term Investments	-0.11	-0.17	0.18	-0.16	-0.09	-0.55	-0.43	-0.15	-0.32	0.97	-0.18	-0.14		-0.39	-0.01	-0.09	-0.47	-0.1	0.34	-0.11	-0.73	0.68	-0.14	-0.2	-0.37	-0.23
Net Receivables	0.76	0.83	0.52	0.64	0.57	0.76	0.86	0.12	-0.09	-0.33	0.76	-0.35	-0.39		0.82	0.85	0.51	0.77	-0.59	0.83	0.5	0.32	0.24	0.93	0.92	0.9
Common Stock Shares Outstanding	0.81	0.84	0.64	0.65	0.62	0.47	0.75	0.16	-0.34	0.11	0.77	-0.38	-0.01	0.82		0.91	0.29	0.84	-0.41	0.88	0.21	0.65	0.25	0.88	0.71	0.86
Non Current Liabilities Total	0.94	0.96	0.78	0.77	0.77	0.44	0.9	0.38	-0.41	-0.01	0.92	-0.24	-0.09	0.85	0.91		0.27	0.84	-0.5	0.98	0.24	0.54	0.35	0.93	0.83	0.94
Inventory	0.22	0.2	-0.08	0.08	0.2	0.86	0.3	0.0	0.11	-0.41	0.23	0.07	-0.47	0.51	0.29	0.27		0.58	-0.18	0.23	0.84	0.08	-0.18	0.26	0.4	0.26
Other Current Assets	0.81	0.76	0.56	0.61	0.72	0.61	0.7	0.41	-0.42	0.03	0.78	-0.06	-0.1	0.77	0.84	0.84	0.58		-0.29	0.82	0.52	0.6	0.17	0.78	0.72	0.76
Other Stockholder Equity	-0.52	-0.63	-0.11	-0.75	-0.36	-0.37	-0.67	-0.08	-0.48	0.37	-0.54	0.46	0.34	-0.59	-0.41	-0.5	-0.18	-0.29		-0.6	-0.2	0.0	-0.69	-0.57	-0.49	-0.6
Total Liab	0.96	0.99	0.76	0.88	0.79	0.39	0.93	0.43	-0.36	-0.05	0.95	-0.24	-0.11	0.83	0.88	0.98	0.23	0.82	-0.6		0.22	0.49	0.5	0.92	0.82	0.94
Property Plant And Equipment Gross	0.22	0.22	-0.11	0.12	0.2	0.83	0.39	0.19	0.17	-0.64	0.25	0.16	-0.73	0.5	0.21	0.24	0.84	0.52	-0.2	0.22		-0.22	-0.1	0.3	0.44	0.29
Total Current Assets	0.45	0.4	0.45	0.27	0.35	0.08	0.17	-0.02	-0.44	0.73	0.36	-0.28	0.68	0.32	0.65	0.54	0.08	0.6	0.0	0.49	-0.22		-0.04	0.44	0.23	0.38
Short Term Debt	0.44	0.57	0.25	0.82	0.31	-0.08	0.55	0.29	0.1	-0.12	0.47	-0.26	-0.14	0.24	0.25	0.35	-0.18	0.17	-0.69	0.5	-0.1	-0.04		0.33	0.2	0.46
Intangible Assets	0.87	0.91	0.67	0.74	0.71	0.55	0.88	0.29	-0.25	-0.13	0.86	-0.32	-0.2	0.93	0.88	0.93	0.26	0.78	-0.57	0.92	0.3	0.44	0.33		0.87	0.96
Current Deferred Revenue	0.78	0.8	0.65	0.65	0.65	0.59	0.84	0.3	-0.21	-0.32	0.79	-0.1	-0.37	0.92	0.71	0.83	0.4	0.72	-0.49	0.82	0.44	0.23	0.2	0.87		0.82
Good Will	0.87	0.96	0.73	0.79	0.67	0.53	0.94	0.3	-0.3	-0.15	0.87	-0.3	-0.23	0.9	0.86	0.94	0.26	0.76	-0.6	0.94	0.29	0.38	0.46	0.96	0.82

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Thomson Reuters Account Relationship Matchups

Thomson Reuters fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.3B	17.9B	22.1B	21.7B	18.7B	24.6B
Short Long Term Debt Total	3.5B	3.8B	3.8B	4.9B	3.5B	5.7B
Other Current Liab	434M	2.1B	2.1B	1.1B	2.4B	1.7B
Total Current Liabilities	3.2B	2.7B	2.6B	4.9B	3.2B	4.0B
Total Stockholder Equity	9.6B	10.0B	13.8B	11.9B	11.1B	12.6B
Property Plant And Equipment Net	615M	545M	502M	414M	447M	424.7M
Net Debt	2.4B	2.0B	3.0B	3.7B	2.3B	4.5B
Retained Earnings	5.0B	5.2B	9.1B	7.7B	8.7B	7.6B
Accounts Payable	1.4B	217M	227M	1.2B	181M	172.0M
Cash	825M	1.8B	778M	1.1B	1.2B	1.2B
Non Current Assets Total	14.2B	13.9B	19.7B	18.9B	15.8B	20.8B
Non Currrent Assets Other	611M	788M	1.2B	619M	1.8B	1.1B
Cash And Short Term Investments	1.4B	2.4B	886M	1.3B	1.4B	1.3B
Net Receivables	1.1B	1.2B	1.1B	1.0B	1.0B	1.2B
Common Stock Shares Outstanding	502.5M	480.1M	476.7M	484.9M	464.0M	651.6M
Liabilities And Stockholders Equity	17.3B	17.9B	22.1B	21.7B	18.7B	24.6B
Non Current Liabilities Total	4.5B	5.2B	5.7B	4.9B	4.4B	7.8B
Inventory	23M	26M	28M	29M	20M	19M
Other Current Assets	204M	428M	501M	469M	488M	735.8M
Other Stockholder Equity	(220M)	1.7B	1.7B	(110M)	1.5B	1.2B
Total Liab	7.7B	7.9B	8.3B	9.8B	7.6B	11.8B
Property Plant And Equipment Gross	615M	545M	1.5B	1.4B	1.3B	1.3B
Total Current Assets	3.1B	4.0B	2.5B	2.8B	2.9B	3.8B
Accumulated Other Comprehensive Income	(782M)	(689M)	(811M)	(1.2B)	(1.0B)	(1.1B)
Short Term Debt	579M	83M	64M	1.6B	428M	677.7M
Intangible Assets	4.4B	4.3B	4.2B	4.1B	4.4B	5.5B
Current Deferred Revenue	833M	866M	874M	886M	992M	847.0M
Good Will	5.9B	6.0B	5.9B	5.9B	6.7B	9.3B
Common Stock Total Equity	9.2B	3.3B	3.5B	3.6B	4.2B	7.5B
Common Stock	5.4B	5.5B	5.5B	5.4B	1.8B	1.7B
Short Term Investments	533M	612M	108M	204M	66M	62.7M
Other Liab	1.6B	1.3B	1.8B	1.6B	1.5B	2.0B
Net Tangible Assets	(821M)	(363M)	3.6B	1.8B	2.0B	2.1B
Other Assets	1.7B	1.8B	2.0B	1.8B	2.0B	1.1B
Long Term Debt	2.7B	3.8B	3.8B	3.1B	2.9B	3.9B
Long Term Investments	1.6B	1.1B	6.7B	6.7B	2.4B	2.2B
Short Long Term Debt	1.6B	3M	579M	1.6B	372M	353.4M
Property Plant Equipment	615M	545M	502M	414M	372.6M	637.7M
Long Term Debt Total	2.9B	3.8B	3.8B	3.3B	3.0B	3.5B

Pair Trading with Thomson Reuters

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thomson Reuters position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thomson Reuters will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Thomson Reuters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thomson Reuters when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thomson Reuters - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thomson Reuters Corp to buy it.

The correlation of Thomson Reuters is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thomson Reuters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thomson Reuters Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Thomson Reuters can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Thomson Reuters Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thomson Reuters' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thomson Reuters Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thomson Reuters Corp Stock:

How To Invest In Thomson

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Is Thomson Stock a good investment?

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What is Thomson Reuters' Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thomson Reuters Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Please note, there is a significant difference between Thomson Reuters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thomson Reuters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thomson Reuters' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Thomson Free Cash Flow Yield vs Capex To Depreciation Analysis

Free Cash Flow Yield vs Capex To Depreciation

Free Cash Flow Yield vs Capex To Depreciation Correlation Analysis

Correlation Coefficient

Free Cash Flow Yield

Capex To Depreciation

Thomson Reuters fundamental ratios Correlations

Thomson Reuters Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thomson Reuters fundamental ratios Accounts

Pair Trading with Thomson Reuters

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Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.98	Non Current Liabilities Total
Cash And Short Term Investments	+ 0.97	Cash
Total Liab	+ 0.96	Total Assets
Net Debt	+ 0.96	Short Long Term Debt Total

Other Stockholder Equity	- 0.75	Total Current Liabilities
Property Plant And Equipment Gross	- 0.73	Cash And Short Term Investments
Accounts Payable	- 0.72	Other Current Liab
Short Term Debt	- 0.69	Other Stockholder Equity
Other Stockholder Equity	- 0.67	Net Debt
Property Plant And Equipment Gross	- 0.64	Cash