Fox Corp Class B (FOX)
Current ratio
Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 8,429,000 | 8,749,000 | 8,237,000 | 7,793,000 | 7,501,000 | 7,178,000 | 8,501,000 | 7,239,000 | 7,257,000 | 7,723,000 | 8,571,000 | 8,495,000 | 8,281,000 | 7,916,000 | 8,514,000 | 8,875,000 | 8,749,000 | 8,694,000 | 8,440,000 | 8,463,000 |
Total current liabilities | US$ in thousands | 2,897,000 | 3,567,000 | 3,297,000 | 3,005,000 | 2,952,000 | 2,217,000 | 3,707,000 | 3,589,000 | 3,763,000 | 4,402,000 | 2,543,000 | 2,362,000 | 2,296,000 | 2,121,000 | 2,870,000 | 2,869,000 | 3,002,000 | 2,985,000 | 2,213,000 | 2,012,000 |
Current ratio | 2.91 | 2.45 | 2.50 | 2.59 | 2.54 | 3.24 | 2.29 | 2.02 | 1.93 | 1.75 | 3.37 | 3.60 | 3.61 | 3.73 | 2.97 | 3.09 | 2.91 | 2.91 | 3.81 | 4.21 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $8,429,000K ÷ $2,897,000K
= 2.91
The current ratio of Fox Corp Class B has exhibited notable fluctuations over the presented periods, reflecting shifts in the company's short-term liquidity position. Starting from a high of 4.21 on September 30, 2020, the ratio declined through subsequent quarters, reaching a low of 1.75 on March 31, 2023. This decrease indicates a reduction in the company's ability to meet its short-term obligations with its current assets during this period.
Following the March 2023 low, the current ratio demonstrated an upward trend, rising to 2.29 by December 31, 2023, and further improving to 3.24 by March 31, 2024. In the most recent periods, the ratio stabilized somewhat, with values of approximately 2.54 on June 30, 2024, 2.59 on September 30, 2024, and slightly decreasing to 2.50 on December 31, 2024. The data also indicates a slight rebound to 2.45 on March 31, 2025, with an overall upward trajectory to 2.91 by June 30, 2025.
These movements suggest that Fox Corp Class B initially experienced a decline in liquidity, potentially due to operational or strategic shifts affecting its current assets and liabilities. The subsequent recovery and stabilization in the current ratio imply efforts to enhance liquidity or a natural bounce-back from prior declines. Overall, the current ratio remained above 1.75 throughout the analyzed period, indicating that the company generally maintains sufficient short-term assets to cover its liabilities, albeit with periods of lower liquidity levels.
Peer comparison
Jun 30, 2025