Thomson Total Current Assets vs Non Currrent Assets Other Analysis

TRI Stock  USD 173.69  5.25  2.93%   
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 Total Current Assets and its Non Currrent Assets Other 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.

Total Current Assets vs Non Currrent Assets Other

Total Current Assets vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thomson Reuters Corp Total Current Assets account and Non Currrent Assets Other. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Thomson Reuters' Total Current Assets and Non Currrent Assets Other is -0.16. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Non Currrent Assets Other 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' Total Current Assets and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Current Assets of Thomson Reuters Corp are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Total Current Assets i.e., Thomson Reuters' Total Current Assets and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
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 66.2 B, while Selling General Administrative is projected to decrease to under 202.6 M.
 2023 2024 2025 (projected)
Interest Expense237M272.6M286.5M
Depreciation And Amortization725M833.8M1.2B

Thomson Reuters fundamental ratios Correlations

0.92-0.030.850.930.320.870.510.45-0.051.00.15-0.10.750.810.930.23-0.25-0.350.950.450.430.860.950.95-0.56
0.92-0.170.870.710.420.960.250.6-0.110.92-0.06-0.160.820.850.970.21-0.17-0.390.990.410.530.910.970.97-0.37
-0.03-0.170.170.12-0.17-0.130.37-0.79-0.09-0.01-0.15-0.12-0.12-0.22-0.24-0.190.580.56-0.14-0.170.24-0.05-0.13-0.15-0.19
0.850.870.170.720.190.850.420.27-0.120.86-0.1-0.150.620.640.760.080.11-0.10.870.270.80.720.850.84-0.46
0.930.710.120.720.160.670.720.22-0.040.930.35-0.080.540.620.740.19-0.29-0.240.770.350.30.670.780.78-0.65
0.320.42-0.170.190.160.53-0.220.51-0.480.32-0.12-0.530.740.480.470.85-0.19-0.220.410.09-0.080.570.390.420.09
0.870.96-0.130.850.670.530.250.56-0.380.890.0-0.420.830.760.910.31-0.14-0.30.930.180.540.890.920.91-0.32
0.510.250.370.420.72-0.220.25-0.28-0.050.540.46-0.13-0.030.070.23-0.040.170.30.3-0.050.230.130.330.3-0.74
0.450.6-0.790.270.220.510.56-0.28-0.010.43-0.140.010.630.570.650.35-0.51-0.750.580.330.040.560.550.60.1
-0.05-0.11-0.09-0.12-0.04-0.48-0.38-0.05-0.01-0.13-0.230.97-0.220.1-0.03-0.42-0.03-0.18-0.060.72-0.14-0.14-0.06-0.04-0.15
1.00.92-0.010.860.930.320.890.540.43-0.130.17-0.180.740.780.910.23-0.24-0.320.940.370.460.850.940.93-0.56
0.15-0.06-0.15-0.10.35-0.120.00.46-0.14-0.230.17-0.21-0.24-0.120.00.22-0.40.13-0.02-0.16-0.2-0.18-0.03-0.06-0.25
-0.1-0.16-0.12-0.15-0.08-0.53-0.42-0.130.010.97-0.18-0.21-0.280.01-0.08-0.46-0.1-0.24-0.10.69-0.14-0.19-0.11-0.090.04
0.750.82-0.120.620.540.740.83-0.030.63-0.220.74-0.24-0.280.860.860.5-0.25-0.460.830.40.210.930.820.84-0.22
0.810.85-0.220.640.620.480.760.070.570.10.78-0.120.010.860.920.3-0.34-0.460.880.660.210.890.870.88-0.43
0.930.97-0.240.760.740.470.910.230.65-0.030.910.0-0.080.860.920.28-0.3-0.480.980.530.330.930.960.97-0.39
0.230.21-0.190.080.190.850.31-0.040.35-0.420.230.22-0.460.50.30.28-0.26-0.010.240.08-0.180.280.20.23-0.04
-0.25-0.170.580.11-0.29-0.19-0.140.17-0.51-0.03-0.24-0.4-0.1-0.25-0.34-0.3-0.260.73-0.2-0.280.3-0.22-0.24-0.27-0.07
-0.35-0.390.56-0.1-0.24-0.22-0.30.3-0.75-0.18-0.320.13-0.24-0.46-0.46-0.48-0.010.73-0.39-0.390.05-0.47-0.41-0.47-0.18
0.950.99-0.140.870.770.410.930.30.58-0.060.94-0.02-0.10.830.880.980.24-0.2-0.390.490.480.920.980.98-0.43
0.450.41-0.170.270.350.090.18-0.050.330.720.37-0.160.690.40.660.530.08-0.28-0.390.49-0.070.440.470.49-0.2
0.430.530.240.80.3-0.080.540.230.04-0.140.46-0.2-0.140.210.210.33-0.180.30.050.48-0.070.310.460.46-0.25
0.860.91-0.050.720.670.570.890.130.56-0.140.85-0.18-0.190.930.890.930.28-0.22-0.470.920.440.310.920.93-0.28
0.950.97-0.130.850.780.390.920.330.55-0.060.94-0.03-0.110.820.870.960.2-0.24-0.410.980.470.460.920.99-0.45
0.950.97-0.150.840.780.420.910.30.6-0.040.93-0.06-0.090.840.880.970.23-0.27-0.470.980.490.460.930.99-0.43
-0.56-0.37-0.19-0.46-0.650.09-0.32-0.740.1-0.15-0.56-0.250.04-0.22-0.43-0.39-0.04-0.07-0.18-0.43-0.2-0.25-0.28-0.45-0.43
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Thomson Reuters Account Relationship Matchups

Thomson Reuters fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets17.9B22.1B21.7B18.7B21.5B24.6B
Short Long Term Debt Total3.9B4.0B4.8B3.5B4.1B5.7B
Other Current Liab293M175M1.7B1.4B1.3B740.8M
Total Current Liabilities2.7B2.6B4.9B3.2B3.7B4.0B
Total Stockholder Equity10.0B13.8B11.9B11.1B12.7B12.6B
Property Plant And Equipment Net545M502M414M447M402.3M382.2M
Net Debt2.0B3.0B3.7B2.3B2.7B4.5B
Retained Earnings5.2B9.1B7.7B8.7B10.0B7.6B
Accounts Payable1.4B1.4B237M181M162.9M154.8M
Cash1.8B778M1.1B1.2B1.4B1.2B
Non Current Assets Total13.9B19.7B18.9B15.8B18.1B20.8B
Non Currrent Assets Other788M1.2B619M688.6M619.8M1.1B
Cash And Short Term Investments2.4B886M1.3B1.3B1.5B1.3B
Net Receivables1.2B1.1B1.1B1.2B1.1B1.2B
Common Stock Shares Outstanding498.0M494.5M484.9M464.0M533.6M652.9M
Liabilities And Stockholders Equity17.9B22.1B21.7B18.7B21.5B24.6B
Non Current Liabilities Total5.2B5.7B4.9B4.4B5.0B7.8B
Inventory26M28M29M20M18M17.1M
Other Current Assets81M104M453M443M398.7M249.9M
Total Liab7.9B8.3B9.8B7.6B8.8B11.8B
Total Current Assets4.0B2.5B2.8B2.9B3.4B3.8B
Accumulated Other Comprehensive Income(689M)(811M)(1.2B)(1.0B)(918.9M)(964.8M)
Short Term Debt83M169M1.7B428M492.2M679.8M
Intangible Assets4.3B4.2B4.1B4.4B4.0B5.5B
Good Will6.0B5.9B5.9B6.7B7.7B11.1B
Short Term Investments612M108M204M66M59.4M56.4M
Property Plant And Equipment Gross545M1.5B1.4B1.3B1.2B965.8M
Common Stock5.5B5.5B5.4B1.8B2.1B2.0B
Other Liab1.6B1.3B1.9B1.6B1.9B2.0B
Other Assets1.7B1.8B2.4B1.7B1.6B980.3M
Long Term Debt3.8B3.8B3.1B2.9B3.3B5.3B
Property Plant Equipment615M545M502M414M372.6M354.0M
Current Deferred Revenue866M874M886M986.9M888.2M846.8M
Long Term Investments1.1B6.7B6.7B2.4B2.8B2.2B
Short Long Term Debt3M579M1.6B372M334.8M318.1M
Net Tangible Assets(821M)(363M)3.7B1.8B2.0B2.1B

Currently Active Assets on Macroaxis

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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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
(0.13)
Dividend Share
2.16
Earnings Share
4.85
Revenue Per Share
16.107
Quarterly Revenue Growth
0.052
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.