News Corp B (NWS)
Total asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 8,452,000 | 10,085,000 | 9,879,000 | 10,385,000 | 9,358,000 |
| Total assets | US$ in thousands | 15,504,000 | 16,684,000 | 16,921,000 | 17,221,000 | 16,771,000 |
| Total asset turnover | 0.55 | 0.60 | 0.58 | 0.60 | 0.56 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $8,452,000K ÷ $15,504,000K
= 0.55
The total asset turnover ratio for News Corp B has demonstrated relatively modest fluctuations over the observed period. As of June 30, 2021, the ratio stood at 0.56, indicating that the company generated approximately $0.56 in sales for every dollar of total assets employed. By June 30, 2022, this ratio increased to 0.60, reflecting a slight improvement in asset utilization efficiency. The ratio then experienced a marginal decline to 0.58 by June 30, 2023, suggesting a minor reduction in sales generated per dollar of assets during that year. Subsequently, the ratio recovered to 0.60 as of June 30, 2024, matching its peak observed in the previous year, and implying a return to higher utilization efficiency. Finally, by June 30, 2025, the ratio decreased slightly to 0.55, representing a slight decline relative to the preceding year. Overall, the ratio exhibits a pattern of stability with slight variations, indicating consistent, albeit modest, asset efficiency in generating sales over the period.
Peer comparison
Jun 30, 2025