Fox Corp Class A (FOXA)
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 analysis of Fox Corp Class A's current ratio over the provided period reveals notable fluctuations, indicating shifts in short-term liquidity.
Initially, at September 30, 2020, the current ratio was robust at 4.21, suggesting strong liquidity and an ability to meet short-term obligations comfortably. This high ratio persisted into December 31, 2020, at 3.81, though it experienced a decline over the following months, reaching a low of 1.75 at March 31, 2023. The significant decrease during this period indicates a reduction in the company’s liquidity cushion, which could reflect answers such as increased current liabilities, depletion of current assets, or both.
Following this low point in early 2023, the current ratio demonstrated a recovery trajectory, ascending to 2.02 by September 30, 2023, and further increasing to 2.29 by December 31, 2023. The upward trend extended into 2024, with ratios reaching 3.24 by March 31, 2024, before slightly declining to 2.54 at June 30, 2024, and maintaining a stable range around 2.5 to 2.59 through September 30, 2024, December 31, 2024, and into the first half of 2025.
Overall, the current ratio's pattern indicates an initial period of strong liquidity, followed by a significant decline, and subsequently, a partial recovery. The fluctuations suggest the company's liquidity position has experienced volatility, with ratios predominantly within a range considered acceptable in many industries, typically signaling a moderate ability to cover short-term liabilities. The recent upward trend indicates an improved liquidity stance compared to the historical lows in early 2023.
Peer comparison
Jun 30, 2025