Thomson Reuters Corp
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated le… Read more
Thomson Reuters Corp (TRI) - Total Assets
Latest total assets as of September 2024: $18.43 Billion USD
Based on the latest financial reports, Thomson Reuters Corp (TRI) holds total assets worth $18.43 Billion USD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Thomson Reuters Corp - Total Assets Trend (1995–2023)
This chart illustrates how Thomson Reuters Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thomson Reuters Corp - Asset Composition Analysis
Current Asset Composition (December 2023)
Thomson Reuters Corp's total assets of $18.43 Billion consist of 15.6% current assets and 84.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.4% |
| Accounts Receivable | $1.19 Billion | 6.4% |
| Inventory | $20.00 Million | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $4.40 Billion | 23.6% |
| Goodwill | $6.72 Billion | 36.0% |
Asset Composition Trend (1995–2023)
This chart illustrates how Thomson Reuters Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Thomson Reuters Corp's current assets represent 15.6% of total assets in 2023, a decrease from 25.0% in 1995.
- Cash Position: Cash and equivalents constituted 6.4% of total assets in 2023, up from 3.9% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 58.0% of total assets, an increase from 49.0% in 1995.
- Asset Diversification: The largest asset category is goodwill at 36.0% of total assets.
Thomson Reuters Corp Competitors by Total Assets
Key competitors of Thomson Reuters Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shaanxi Jinye Science Technology and Education Group Co Ltd
SHE:000812
|
China | CN¥5.75 Billion |
|
Tungkong Inc
SHE:002117
|
China | CN¥1.92 Billion |
|
Eternal Asia Supply Chain Management Ltd
SHE:002183
|
China | CN¥54.04 Billion |
|
Hongbo Co Ltd
SHE:002229
|
China | CN¥2.43 Billion |
|
Beijing Shengtong Printing Co Ltd
SHE:002599
|
China | CN¥2.14 Billion |
|
Shanghai Nar Industrial Co Ltd
SHE:002825
|
China | CN¥2.78 Billion |
|
Xuchang Ketop Testing Research Ins
SHE:003008
|
China | CN¥1.10 Billion |
|
GFM Services Bhd
KLSE:0039
|
Malaysia | RM644.83 Million |
Thomson Reuters Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Thomson Reuters Corp generates 0.36x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Thomson Reuters Corp generates $ 14.42 in net profit.
Thomson Reuters Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.94 | 1.05 | 0.95 |
| Quick Ratio | 1.05 | 1.05 | 0.95 |
| Cash Ratio | 0.00 | 0.65 | 0.00 |
| Working Capital | $-203.00 Million | $ 207.00 Million | $ -148.00 Million |
Thomson Reuters Corp - Advanced Valuation Insights
This section examines the relationship between Thomson Reuters Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.37 |
| Latest Market Cap to Assets Ratio | 1.21 |
| Asset Growth Rate (YoY) | -13.9% |
| Total Assets | $18.68 Billion |
| Market Capitalization | $22.59 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Thomson Reuters Corp's assets above their book value (1.21 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Thomson Reuters Corp's assets decreased by 13.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Thomson Reuters Corp (1995–2023)
The table below shows the annual total assets of Thomson Reuters Corp from 1995 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $18.68 Billion | -13.94% |
| 2022-12-31 | $21.71 Billion | -1.98% |
| 2021-12-31 | $22.15 Billion | +23.87% |
| 2020-12-31 | $17.88 Billion | +3.39% |
| 2019-12-31 | $17.30 Billion | +1.45% |
| 2018-12-31 | $17.05 Billion | -35.60% |
| 2017-12-31 | $26.47 Billion | -4.96% |
| 2016-12-31 | $27.85 Billion | -4.30% |
| 2015-12-31 | $29.10 Billion | -4.88% |
| 2014-12-31 | $30.60 Billion | -5.68% |
| 2013-12-31 | $32.44 Billion | -0.41% |
| 2012-12-31 | $32.57 Billion | +0.30% |
| 2011-12-31 | $32.48 Billion | -8.60% |
| 2010-12-31 | $35.53 Billion | +2.77% |
| 2009-12-31 | $34.57 Billion | -4.02% |
| 2008-12-31 | $36.02 Billion | +57.77% |
| 2007-12-31 | $22.83 Billion | +13.41% |
| 2006-12-31 | $20.13 Billion | +3.58% |
| 2005-12-31 | $19.44 Billion | -1.05% |
| 2004-12-31 | $19.64 Billion | +5.16% |
| 2003-12-31 | $18.68 Billion | +0.74% |
| 2002-12-31 | $18.54 Billion | +0.76% |
| 2001-12-31 | $18.40 Billion | +17.22% |
| 2000-12-31 | $15.70 Billion | +25.00% |
| 1999-12-31 | $12.56 Billion | +0.89% |
| 1998-12-31 | $12.45 Billion | -6.65% |
| 1997-12-31 | $13.33 Billion | +1.23% |
| 1996-12-31 | $13.17 Billion | +31.88% |
| 1995-12-31 | $9.99 Billion | -- |