Thomson Total Revenue vs Operating Income Analysis

TRI Stock  CAD 224.36  0.89  0.40%   
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 Revenue and its Operating Income 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.

Total Revenue vs Operating Income

Total Revenue vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thomson Reuters Corp Total Revenue account and Operating Income. At this time, the significance of the direction appears to have no relationship.
The correlation between Thomson Reuters' Total Revenue and Operating Income is 0.02. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Operating Income 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 Revenue and Operating Income 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 Revenue of Thomson Reuters Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Revenue i.e., Thomson Reuters' Total Revenue and Operating Income go up and down completely randomly.

Correlation Coefficient

0.02
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Revenue

Total revenue comprises all receipts Thomson Reuters Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Operating Income

Operating Income is the amount of profit realized from Thomson Reuters Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Thomson Reuters Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
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 26th of November 2024, Enterprise Value is likely to grow to about 73.5 B, while Selling General Administrative is likely to drop about 225.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit3.9B4.2B4.5B2.9B
Total Revenue6.3B6.6B6.8B9.8B

Thomson Reuters fundamental ratios Correlations

0.920.00.850.930.310.870.620.45-0.041.00.15-0.10.750.810.940.22-0.06-0.40.960.220.450.430.870.780.87
0.92-0.110.890.730.390.960.390.58-0.10.92-0.09-0.150.810.840.960.20.14-0.360.990.220.40.550.910.80.96
0.0-0.110.120.12-0.17-0.080.33-0.84-0.090.010.05-0.13-0.1-0.07-0.15-0.19-0.040.54-0.080.09-0.070.130.02-0.06-0.09
0.850.890.120.720.190.850.490.37-0.120.86-0.1-0.150.610.650.770.080.26-0.330.880.120.270.80.740.650.79
0.930.730.120.720.170.690.790.26-0.040.940.36-0.080.560.620.770.2-0.23-0.380.790.20.350.310.710.650.67
0.310.39-0.170.190.170.51-0.140.44-0.480.31-0.12-0.540.730.470.440.860.14-0.090.390.830.08-0.10.550.590.53
0.870.96-0.080.850.690.510.390.54-0.380.89-0.01-0.420.810.750.90.30.13-0.280.930.390.170.540.880.840.94
0.620.390.330.490.79-0.140.39-0.11-0.090.650.54-0.160.110.160.380.0-0.270.050.430.19-0.020.310.290.30.3
0.450.58-0.840.370.260.440.54-0.110.00.44-0.20.010.540.490.60.340.23-0.650.560.130.270.160.470.50.57
-0.04-0.1-0.09-0.12-0.04-0.48-0.38-0.090.0-0.12-0.230.97-0.20.11-0.01-0.41-0.05-0.16-0.05-0.640.73-0.13-0.13-0.32-0.15
1.00.920.010.860.940.310.890.650.44-0.120.17-0.170.730.770.920.23-0.06-0.390.950.250.360.460.860.790.87
0.15-0.090.05-0.10.36-0.12-0.010.54-0.2-0.230.17-0.21-0.26-0.16-0.010.22-0.610.1-0.030.25-0.16-0.21-0.2-0.1-0.19
-0.1-0.15-0.13-0.15-0.08-0.54-0.42-0.160.010.97-0.17-0.21-0.280.01-0.08-0.46-0.06-0.23-0.1-0.730.69-0.14-0.19-0.36-0.22
0.750.81-0.10.610.560.730.810.110.54-0.20.73-0.26-0.280.860.850.490.06-0.290.820.440.410.170.930.910.89
0.810.84-0.070.650.620.470.750.160.490.110.77-0.160.010.860.910.29-0.01-0.320.880.210.650.230.880.710.86
0.940.96-0.150.770.770.440.90.380.6-0.010.92-0.01-0.080.850.910.270.0-0.380.980.240.540.330.930.830.94
0.220.2-0.190.080.20.860.30.00.34-0.410.230.22-0.460.490.290.27-0.12-0.050.230.840.08-0.190.260.40.26
-0.060.14-0.040.26-0.230.140.13-0.270.23-0.05-0.06-0.61-0.060.06-0.010.0-0.12-0.270.080.06-0.120.460.090.030.09
-0.4-0.360.54-0.33-0.38-0.09-0.280.05-0.65-0.16-0.390.1-0.23-0.29-0.32-0.38-0.05-0.27-0.390.2-0.31-0.23-0.31-0.23-0.3
0.960.99-0.080.880.790.390.930.430.56-0.050.95-0.03-0.10.820.880.980.230.08-0.390.220.490.480.920.820.94
0.220.220.090.120.20.830.390.190.13-0.640.250.25-0.730.440.210.240.840.060.20.22-0.22-0.090.30.440.29
0.450.4-0.070.270.350.080.17-0.020.270.730.36-0.160.690.410.650.540.08-0.12-0.310.49-0.22-0.070.440.230.38
0.430.550.130.80.31-0.10.540.310.16-0.130.46-0.21-0.140.170.230.33-0.190.46-0.230.48-0.09-0.070.310.180.43
0.870.910.020.740.710.550.880.290.47-0.130.86-0.2-0.190.930.880.930.260.09-0.310.920.30.440.310.870.96
0.780.8-0.060.650.650.590.840.30.5-0.320.79-0.1-0.360.910.710.830.40.03-0.230.820.440.230.180.870.82
0.870.96-0.090.790.670.530.940.30.57-0.150.87-0.19-0.220.890.860.940.260.09-0.30.940.290.380.430.960.82
Click cells to compare fundamentals

Thomson Reuters Account Relationship Matchups

Thomson Reuters fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.3B17.9B22.1B21.7B18.7B24.6B
Short Long Term Debt Total3.5B3.8B3.8B4.9B3.5B5.7B
Other Current Liab434M293M175M1.1B1.6B1.7B
Total Current Liabilities3.2B2.7B2.6B4.9B3.2B4.0B
Total Stockholder Equity9.6B10.0B13.8B11.9B11.1B12.6B
Property Plant And Equipment Net615M545M502M414M447M424.7M
Net Debt2.4B2.0B3.0B3.7B2.3B4.5B
Retained Earnings5.0B5.2B9.1B7.7B8.7B7.6B
Accounts Payable1.4B1.4B1.4B1.2B181M172.0M
Cash825M1.8B778M1.1B1.2B1.2B
Non Current Assets Total14.2B13.9B19.7B18.9B15.8B20.8B
Non Currrent Assets Other611M788M1.2B619M683M1.1B
Cash And Short Term Investments1.4B2.4B886M1.3B1.3B1.3B
Net Receivables1.2B1.2B1.1B1.1B1.2B1.2B
Common Stock Shares Outstanding502.5M480.1M476.7M484.9M464.0M651.6M
Liabilities And Stockholders Equity17.3B17.9B22.1B21.7B18.7B24.6B
Non Current Liabilities Total4.5B5.2B5.7B4.9B4.4B7.8B
Inventory23M26M28M29M20M19M
Other Current Assets204M81M104M469M43M40.9M
Total Liab7.7B7.9B8.3B9.8B7.6B11.8B
Property Plant And Equipment Gross615M545M1.5B1.4B1.3B1.3B
Total Current Assets3.1B4.0B2.5B2.8B2.9B3.8B
Accumulated Other Comprehensive Income(782M)(689M)(811M)(1.2B)(1.0B)(1.1B)
Short Term Debt579M83M169M1.6B428M677.6M
Intangible Assets4.4B4.3B4.2B4.1B4.4B5.5B
Current Deferred Revenue833M866M874M886M992M847.0M
Good Will5.9B6.0B5.9B5.9B6.7B9.3B
Common Stock Total Equity9.2B3.3B3.5B3.6B4.2B7.5B
Common Stock5.4B5.5B5.5B5.4B1.8B1.7B
Short Term Investments533M612M108M204M66M62.7M
Other Liab1.6B1.3B1.8B1.6B1.5B2.0B
Net Tangible Assets(821M)(363M)3.6B1.8B2.0B2.1B
Other Assets1.7B1.8B2.0B1.8B2.0B1.1B
Long Term Debt2.7B3.8B3.8B3.1B2.9B3.9B
Long Term Investments1.6B1.1B6.7B6.7B2.4B2.2B
Short Long Term Debt1.6B3M579M1.6B372M353.4M
Property Plant Equipment615M545M502M414M372.6M637.7M
Long Term Debt Total2.9B3.8B3.8B3.3B3.0B3.5B

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.

Moving against Thomson Stock

  0.43FFH-PG Fairfax Fin HldPairCorr
  0.42FFH-PI Fairfax FinancialPairCorr
  0.36FFH-PE Fairfax FinancialPairCorr
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 CorrelationCorrelation 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:
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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.