Thomson Book Value Per Share vs Payout Ratio Analysis
TRI Stock | CAD 238.75 2.56 1.06% |
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 Book Value Per Share and its Payout Ratio 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.
Book Value Per Share vs Payout Ratio
Book Value Per Share vs Payout Ratio Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thomson Reuters Corp Book Value Per Share account and Payout Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Thomson Reuters' Book Value Per Share and Payout Ratio is 0.0. Overlapping area represents the amount of variation of Book Value Per Share that can explain the historical movement of Payout Ratio 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' Book Value Per Share and Payout Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Book Value Per Share of Thomson Reuters Corp are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Book Value Per Share i.e., Thomson Reuters' Book Value Per Share and Payout Ratio go up and down completely randomly.
Correlation Coefficient | 0.0 |
Relationship Direction | Flat |
Relationship Strength | Insignificant |
Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Payout Ratio
Payout Ratio is the proportion of Thomson Reuters Corp earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Thomson Reuters Corp dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Thomson Reuters Corp is paying out more in dividends than it makes in net income.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 11th of December 2024, Enterprise Value is likely to grow to about 73.6 B, while Selling General Administrative is likely to drop about 225.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.9B | 4.2B | 2.7B | 2.9B | Total Revenue | 6.3B | 6.6B | 6.8B | 9.8B |
Thomson Reuters fundamental ratios Correlations
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Thomson Reuters Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thomson Reuters fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.3B | 17.9B | 22.1B | 21.7B | 18.7B | 24.6B | |
Short Long Term Debt Total | 3.5B | 3.8B | 3.8B | 4.9B | 3.5B | 5.7B | |
Other Current Liab | 434M | 2.1B | 2.1B | 1.1B | 2.4B | 1.7B | |
Total Current Liabilities | 3.2B | 2.7B | 2.6B | 4.9B | 3.2B | 4.0B | |
Total Stockholder Equity | 9.6B | 10.0B | 13.8B | 11.9B | 11.1B | 12.6B | |
Property Plant And Equipment Net | 615M | 545M | 502M | 414M | 447M | 424.7M | |
Net Debt | 2.4B | 2.0B | 3.0B | 3.7B | 2.3B | 4.5B | |
Retained Earnings | 5.0B | 5.2B | 9.1B | 7.7B | 8.7B | 7.6B | |
Accounts Payable | 1.4B | 217M | 227M | 1.2B | 181M | 172.0M | |
Cash | 825M | 1.8B | 778M | 1.1B | 1.2B | 1.2B | |
Non Current Assets Total | 14.2B | 13.9B | 19.7B | 18.9B | 15.8B | 20.8B | |
Non Currrent Assets Other | 611M | 788M | 1.2B | 619M | 1.8B | 1.1B | |
Cash And Short Term Investments | 1.4B | 2.4B | 886M | 1.3B | 1.4B | 1.3B | |
Net Receivables | 1.1B | 1.2B | 1.1B | 1.0B | 1.0B | 1.2B | |
Common Stock Shares Outstanding | 502.5M | 480.1M | 476.7M | 484.9M | 464.0M | 651.6M | |
Liabilities And Stockholders Equity | 17.3B | 17.9B | 22.1B | 21.7B | 18.7B | 24.6B | |
Non Current Liabilities Total | 4.5B | 5.2B | 5.7B | 4.9B | 4.4B | 7.8B | |
Inventory | 23M | 26M | 28M | 29M | 20M | 19M | |
Other Current Assets | 204M | 428M | 501M | 469M | 488M | 735.8M | |
Other Stockholder Equity | (220M) | 1.7B | 1.7B | (110M) | 1.5B | 1.2B | |
Total Liab | 7.7B | 7.9B | 8.3B | 9.8B | 7.6B | 11.8B | |
Property Plant And Equipment Gross | 615M | 545M | 1.5B | 1.4B | 1.3B | 1.3B | |
Total Current Assets | 3.1B | 4.0B | 2.5B | 2.8B | 2.9B | 3.8B | |
Accumulated Other Comprehensive Income | (782M) | (689M) | (811M) | (1.2B) | (1.0B) | (1.1B) | |
Short Term Debt | 579M | 83M | 64M | 1.6B | 428M | 677.7M | |
Intangible Assets | 4.4B | 4.3B | 4.2B | 4.1B | 4.4B | 5.5B | |
Current Deferred Revenue | 833M | 866M | 874M | 886M | 992M | 847.0M | |
Good Will | 5.9B | 6.0B | 5.9B | 5.9B | 6.7B | 9.3B | |
Common Stock Total Equity | 9.2B | 3.3B | 3.5B | 3.6B | 4.2B | 7.5B | |
Common Stock | 5.4B | 5.5B | 5.5B | 5.4B | 1.8B | 1.7B | |
Short Term Investments | 533M | 612M | 108M | 204M | 66M | 62.7M | |
Other Liab | 1.6B | 1.3B | 1.8B | 1.6B | 1.5B | 2.0B | |
Net Tangible Assets | (821M) | (363M) | 3.6B | 1.8B | 2.0B | 2.1B | |
Other Assets | 1.7B | 1.8B | 2.0B | 1.8B | 2.0B | 1.1B | |
Long Term Debt | 2.7B | 3.8B | 3.8B | 3.1B | 2.9B | 3.9B | |
Long Term Investments | 1.6B | 1.1B | 6.7B | 6.7B | 2.4B | 2.2B | |
Short Long Term Debt | 1.6B | 3M | 579M | 1.6B | 372M | 353.4M | |
Property Plant Equipment | 615M | 545M | 502M | 414M | 372.6M | 637.7M | |
Long Term Debt Total | 2.9B | 3.8B | 3.8B | 3.3B | 3.0B | 3.5B |
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
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.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 Stocks Directory module to find actively traded stocks across global markets.