Thomson Price To Sales Ratio vs Days Of Inventory On Hand Analysis
TRI Stock | USD 170.17 1.11 0.66% |
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 Price To Sales Ratio and its Days Of Inventory On Hand 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 metropolitan statistical area.
Price To Sales Ratio vs Days Of Inventory On Hand
Price To Sales Ratio vs Days Of Inventory On Hand Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thomson Reuters Corp Price To Sales Ratio account and Days Of Inventory On Hand. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Thomson Reuters' Price To Sales Ratio and Days Of Inventory On Hand is -0.32. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Days Of Inventory On Hand 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' Price To Sales Ratio and Days Of Inventory On Hand is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Thomson Reuters Corp are associated (or correlated) with its Days Of Inventory On Hand. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Of Inventory On Hand has no effect on the direction of Price To Sales Ratio i.e., Thomson Reuters' Price To Sales Ratio and Days Of Inventory On Hand go up and down completely randomly.
Correlation Coefficient | -0.32 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Thomson Reuters Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Thomson Reuters sales, a figure that is much harder to manipulate than other Thomson Reuters Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Days Of Inventory On Hand
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 metropolitan statistical area. The Thomson Reuters' current Enterprise Value is estimated to increase to about 73.6 B, while Selling General Administrative is projected to decrease to under 225.2 M.
2021 | 2023 | 2024 (projected) | Interest Expense | 196M | 237M | 286.5M | Depreciation And Amortization | 763.2M | 725M | 1.2B |
Thomson Reuters fundamental ratios Correlations
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Thomson Reuters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | 3.9B | 4.0B | 4.8B | 3.5B | 5.7B | |
Other Current Liab | 434M | 293M | 175M | 1.7B | 1.4B | 740.8M | |
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 | 1.4B | 1.4B | 237M | 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 | 688.6M | 1.1B | |
Cash And Short Term Investments | 1.4B | 2.4B | 886M | 1.3B | 1.3B | 1.3B | |
Net Receivables | 1.2B | 1.2B | 1.1B | 1.1B | 1.2B | 1.2B | |
Common Stock Shares Outstanding | 502.5M | 498.0M | 494.5M | 484.9M | 464.0M | 652.9M | |
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 | 81M | 104M | 453M | 443M | 249.9M | |
Total Liab | 7.7B | 7.9B | 8.3B | 9.8B | 7.6B | 11.8B | |
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 | 169M | 1.7B | 428M | 679.8M | |
Intangible Assets | 4.4B | 4.3B | 4.2B | 4.1B | 4.4B | 5.5B | |
Good Will | 5.9B | 6.0B | 5.9B | 5.9B | 6.7B | 11.1B | |
Common Stock Total Equity | 9.2B | 3.3B | 3.5B | 3.6B | 4.2B | 5.8B | |
Short Term Investments | 533M | 612M | 108M | 204M | 66M | 62.7M | |
Property Plant And Equipment Gross | 615M | 545M | 1.5B | 1.4B | 1.3B | 965.8M | |
Common Stock | 5.4B | 5.5B | 5.5B | 5.4B | 1.8B | 1.7B | |
Other Liab | 1.6B | 1.3B | 1.9B | 1.6B | 1.9B | 2.0B | |
Other Assets | 1.7B | 1.8B | 2.4B | 1.7B | 1.6B | 980.3M | |
Long Term Debt | 2.7B | 3.8B | 3.8B | 3.1B | 2.9B | 5.3B | |
Property Plant Equipment | 615M | 545M | 502M | 414M | 372.6M | 354.0M | |
Current Deferred Revenue | 833M | 866M | 874M | 886M | 986.9M | 846.8M | |
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 | |
Net Tangible Assets | (821M) | (363M) | 3.7B | 1.8B | 2.0B | 2.1B |
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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: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 metropolitan statistical area. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thomson Reuters. If investors know Thomson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thomson Reuters listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.17) | Dividend Share 2.11 | Earnings Share 4.94 | Revenue Per Share 15.86 | Quarterly Revenue Growth 0.082 |
The market value of Thomson Reuters Corp is measured differently than its book value, which is the value of Thomson that is recorded on the company's balance sheet. Investors also form their own opinion of Thomson Reuters' value that differs from its market value or its book value, called intrinsic value, which is Thomson Reuters' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thomson Reuters' market value can be influenced by many factors that don't directly affect Thomson Reuters' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.