Thomson Current Ratio from 2010 to 2024

TRI Stock  USD 160.72  0.48  0.30%   
Thomson Reuters' Current Ratio is increasing with stable movements from year to year. Current Ratio is estimated to finish at 1.09 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
0.90349521
Current Value
1.09
Quarterly Volatility
0.33446938
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thomson Reuters financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thomson Reuters' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 286.5 M or Total Revenue of 9.8 B, as well as many indicators such as Price To Sales Ratio of 10.28, Dividend Yield of 0.0204 or PTB Ratio of 6.46. Thomson financial statements analysis is a perfect complement when working with Thomson Reuters Valuation or Volatility modules.
  
Check out the analysis of Thomson Reuters Correlation against competitors.

Latest Thomson Reuters' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Thomson Reuters Corp over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Thomson Reuters' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thomson Reuters' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.82 X10 Years Trend
Pretty Stable
   Current Ratio   
       Timeline  

Thomson Current Ratio Regression Statistics

Arithmetic Mean0.97
Geometric Mean0.93
Coefficient Of Variation34.42
Mean Deviation0.24
Median0.90
Standard Deviation0.33
Sample Variance0.11
Range1.2648
R-Value0.12
Mean Square Error0.12
R-Squared0.01
Significance0.68
Slope0.01
Total Sum of Squares1.57

Thomson Current Ratio History

2024 1.09
2023 0.9
2022 0.57
2020 1.5
2019 0.95
2018 1.84
2017 0.62

About Thomson Reuters Financial Statements

Investors use fundamental indicators, such as Thomson Reuters' Current Ratio, to determine how well the company is positioned to perform in the future. Although Thomson Reuters' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Ratio 0.90  1.09 

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 the analysis of Thomson Reuters Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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
4.93
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.