Fox Corp Class A (FOXA)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 8,429,000 | 7,501,000 | 7,257,000 | 8,281,000 | 8,749,000 |
| Total current liabilities | US$ in thousands | 2,897,000 | 2,952,000 | 3,763,000 | 2,296,000 | 3,002,000 |
| Current ratio | 2.91 | 2.54 | 1.93 | 3.61 | 2.91 |
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 A has experienced fluctuations over the period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the current ratio was 2.91, indicating that the company's current assets were nearly three times its current liabilities, reflecting a strong liquidity position at that time. By June 30, 2022, this ratio increased significantly to 3.61, suggesting an improvement in liquidity and a stronger ability to meet short-term obligations.
However, by June 30, 2023, the current ratio declined to 1.93, approaching a more moderate level that could imply a decrease in liquidity or an increase in current liabilities relative to current assets. This reduction indicates a potential strain on short-term financial health, although the ratio still remains above 1, signifying that current assets continue to cover current liabilities.
Further recovery is observed by June 30, 2024, when the current ratio rose again to 2.54, reflecting a restored and improved liquidity position. The ratio remained stable at 2.91 by June 30, 2025, returning to levels comparable to those seen in 2021. Overall, the company's current ratio has demonstrated periods of both strength and decline, but it has generally remained above the critical threshold of 1, indicating that the company maintains a prudent level of liquidity for its short-term operational needs over the evaluated period.
Peer comparison
Jun 30, 2025