News Corp B (NWS)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,403,000 | 1,960,000 | 1,833,000 | 1,822,000 | 2,236,000 |
| Short-term investments | US$ in thousands | — | 15,000 | 22,000 | 61,000 | — |
| Total current liabilities | US$ in thousands | 2,608,000 | 3,055,000 | 3,165,000 | 3,519,000 | 3,234,000 |
| Cash ratio | 0.92 | 0.65 | 0.59 | 0.54 | 0.69 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,403,000K
+ $—K)
÷ $2,608,000K
= 0.92
The cash ratio of News Corp B has exhibited fluctuations over the period from June 30, 2021, to June 30, 2025. Initially, on June 30, 2021, the company maintained a cash ratio of 0.69, indicating that its cash and cash equivalents were 69% of its current liabilities. This suggests a relatively strong liquidity position, with a substantial cushion to meet short-term obligations solely with cash assets.
By June 30, 2022, the cash ratio declined to 0.54, reflecting a decrease in liquidity. This could imply either a reduction in cash reserves or an increase in current liabilities, or a combination of both, which may have implications for the company's immediate liquidity flexibility.
The ratio experienced a slight recovery by June 30, 2023, rising to 0.59, signaling a modest strengthening in liquidity relative to the prior year, yet still remaining below the level observed in mid-2021.
The trend continued upward in June 2024, with the cash ratio reaching 0.65. This indicates an improvement in the company's liquidity position, suggesting better cash reserves relative to current liabilities and a potential enhancement of short-term financial stability.
Most notably, by June 30, 2025, the cash ratio significantly increased to 0.92. This near-one ratio implies that the company's cash and cash equivalents are almost sufficient to cover its current liabilities entirely. Such a level typically reflects a highly conservative liquidity stance, with ample cash reserves to meet short-term obligations without relying on other current assets or external financing.
Overall, the trajectory of News Corp B's cash ratio indicates a general improvement in liquidity over the five-year period, with a notable peak at the end of the period. The increasing trend toward a higher cash ratio suggests a strategic positioning emphasizing liquidity preservation and readiness to meet short-term liabilities efficiently.
Peer comparison
Jun 30, 2025