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Thomson Reuters (TSX:TRI) Debt-to-Revenue : 0.51 (As of Mar. 2024)


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What is Thomson Reuters Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Thomson Reuters's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1,274 Mil. Thomson Reuters's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$3,897 Mil. Thomson Reuters's annualized Revenue for the quarter that ended in Mar. 2024 was C$10,206 Mil. Thomson Reuters's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.51.


Thomson Reuters Debt-to-Revenue Historical Data

The historical data trend for Thomson Reuters's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Thomson Reuters Debt-to-Revenue Chart

Thomson Reuters Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.68 0.64 0.75 0.52

Thomson Reuters Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.88 0.72 0.49 0.51

Competitive Comparison of Thomson Reuters's Debt-to-Revenue

For the Specialty Business Services subindustry, Thomson Reuters's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thomson Reuters's Debt-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thomson Reuters's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Thomson Reuters's Debt-to-Revenue falls into.



Thomson Reuters Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Thomson Reuters's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(574.205 + 4177.742) / 9114.83
=0.52

Thomson Reuters's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1273.738 + 3897.014) / 10206.144
=0.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Thomson Reuters Debt-to-Revenue Related Terms

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Thomson Reuters (TSX:TRI) Business Description

Traded in Other Exchanges
Address
333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2
Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.
Executives
Michael Keith Eastwood Senior Officer
Jennifer Ruddick Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Kerry Hendrikx Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Kirsty Roth Senior Officer