Thomson Reuters (Thomson Reuters) Total Assets : $18,684 Mil (As of Dec. 2023)

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What is Thomson Reuters Total Assets?

Thomson Reuters's Total Assets for the quarter that ended in Dec. 2023 was $18,684 Mil.

During the past 12 months, Thomson Reuters's average Total Assets Growth Rate was -16.20% per year. During the past 3 years, the average Total Assets Growth Rate was 5.50% per year. During the past 5 years, the average Total Assets Growth Rate was 6.40% per year. During the past 10 years, the average Total Assets Growth Rate was -4.50% per year.

During the past 13 years, Thomson Reuters's highest 3-Year average Total Assets Growth Rate was 31.50%. The lowest was -20.80%. And the median was 1.00%.

Total Assets is connected with ROA %. Thomson Reuters's annualized ROA % for the quarter that ended in Dec. 2023 was 14.26%. Total Assets is also linked to Revenue through Asset Turnover. Thomson Reuters's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Thomson Reuters Total Assets Historical Data

The historical data trend for Thomson Reuters's Total Assets 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 Total Assets Chart

Thomson Reuters Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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17,295.00

17,881.00

22,149.00

21,711.00

18,684.00

Thomson Reuters Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															21,711.00	21,035.00	20,889.00	19,349.00	18,684.00

Thomson Reuters Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Thomson Reuters's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	11064	+	7620
	=	18,684

Thomson Reuters's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	11064	+	7620
	=	18,684

Thomson Reuters (NYSE:TRI) Total Assets Explanation

Total Assets is connected with ROA %.

Thomson Reuters's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2712	/	( (19349	+	18684)	/ 2 )
	=	2712	/	19016.5
	=	14.26 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Thomson Reuters's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1815	/	( (19349	+	18684)	/ 2 )
=	1815	/	19016.5
=	0.10

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Thomson Reuters Total Assets Related Terms

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Thomson Reuters (Thomson Reuters) Business Description

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Address

333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2

Website

https://www.thomsonreuters.com

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.