Fox Corp Class A (FOXA)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 5,351,000 | 4,319,000 | 4,272,000 | 5,200,000 | 5,886,000 |
| Short-term investments | US$ in thousands | — | — | — | — | — |
| Receivables | US$ in thousands | 2,472,000 | 2,364,000 | 2,177,000 | 2,128,000 | 2,029,000 |
| Total current liabilities | US$ in thousands | 2,897,000 | 2,952,000 | 3,763,000 | 2,296,000 | 3,002,000 |
| Quick ratio | 2.70 | 2.26 | 1.71 | 3.19 | 2.64 |
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 A has experienced fluctuations over the specified period from June 30, 2021, to June 30, 2025. Initially, as of June 30, 2021, the ratio stood at 2.64, indicating that the company's liquid assets were more than twice its current liabilities, suggesting strong short-term liquidity. This ratio increased to its peak of 3.19 as of June 30, 2022, further emphasizing an enhanced liquidity position with ample quick assets available to meet immediate obligations.
Subsequently, the ratio declined to 1.71 by June 30, 2023, implying a reduction in the company's liquidity buffer and potentially raising concerns regarding its ability to swiftly cover its current liabilities without relying on inventory sales or other less liquid assets. Despite this decrease, the quick ratio remained above 1, indicating that Fox Corp Class A maintained a generally sound liquidity profile.
Following this dip, the ratio recovered somewhat to 2.26 as of June 30, 2024, signaling an improvement in liquid asset levels relative to current liabilities. The upward trend continued with a projected ratio of 2.70 as of June 30, 2025, suggesting a restored or improved liquidity position, potentially positioning the company well to meet its short-term obligations confidently.
Overall, while the ratio has exhibited some volatility, the company has maintained a quick ratio above the critical threshold of 1 across all periods, reflecting consistent liquidity management. The variations highlight periods of prudence and assertiveness in managing liquid assets relative to liabilities, with a notable rebound toward an even stronger liquidity stance as of mid-2025.
Peer comparison
Jun 30, 2025