Fox Corp Class B (FOX)
Quick 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 5,351,000 | 4,815,000 | 3,322,000 | 4,052,000 | 4,319,000 | 3,791,000 | 4,122,000 | 3,829,000 | 4,272,000 | 4,146,000 | 4,058,000 | 4,950,000 | 5,200,000 | 4,634,000 | 4,255,000 | 5,411,000 | 5,886,000 | 5,765,000 | 4,502,000 | 5,061,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables | US$ in thousands | 2,472,000 | 3,252,000 | 3,492,000 | 2,687,000 | 2,364,000 | 2,481,000 | 3,001,000 | 2,420,000 | 2,177,000 | 2,741,000 | 3,004,000 | 2,268,000 | 2,128,000 | 2,338,000 | 2,952,000 | 2,192,000 | 2,029,000 | 2,153,000 | 2,776,000 | 1,997,000 |
| 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 |
| Quick ratio | 2.70 | 2.26 | 2.07 | 2.24 | 2.26 | 2.83 | 1.92 | 1.74 | 1.71 | 1.56 | 2.78 | 3.06 | 3.19 | 3.29 | 2.51 | 2.65 | 2.64 | 2.65 | 3.29 | 3.51 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($5,351,000K
+ $—K
+ $2,472,000K)
÷ $2,897,000K
= 2.70
The quick ratio of Fox Corp Class B has demonstrated notable fluctuations over the analyzed period from September 2020 to June 2025. Initially, the ratio was relatively high, at 3.51 in September 2020, indicating strong short-term liquidity and an ample allowance of liquid assets to cover current liabilities. Throughout 2020 and the first half of 2021, the ratio experienced a gradual decline, reaching a low of 2.64 in June 2021, yet remaining well above the generally acceptable threshold of 1.0, which signifies good liquidity.
From late 2021 onwards, the ratio showed some variability but generally maintained a level above 2.0, with occasional increases, such as reaching 3.29 in March 2022, and subtle decreases, for instance, to 2.78 in December 2022. The ratio experienced a significant decline to 1.56 in March 2023, suggesting a reduction in the company's liquid assets relative to its current liabilities. Nonetheless, by the subsequent periods, the ratio recovered: rising to 1.71 in June 2023 and further to 1.74 in September 2023, which still indicates acceptable short-term liquidity, although at lower levels compared to earlier years.
In the most recent data, the ratio increased again, reaching 2.83 in March 2024 before experiencing slight decreases to 2.26 in June 2024 and 2.24 in September 2024. The ratio then continued to fluctuate within a range close to 2.0, moving to 2.07 in December 2024 and then climbing to 2.26 in March 2025, and further to 2.70 in June 2025. These movements suggest a stabilization at a healthy level of liquidity, reasonably resilient to short-term financial pressures.
Overall, the trend indicates that Fox Corp Class B has maintained a robust quick ratio throughout the period, generally exceeding 2.0 until the early part of 2023, with a temporary dip below 2.0. The subsequent recovery and sustained levels above 2.0 reflect a consistent capacity to meet short-term obligations with liquid assets. The fluctuations highlight periods of liquidity variability, but the ratios predominantly remain within a safe margin, implying prudent liquidity management over the analyzed timeframe.
Peer comparison
Jun 30, 2025