News Corp B (NWS)
Cash 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,403,000 | 2,095,000 | 1,751,000 | 1,778,000 | 1,960,000 | 1,943,000 | 1,724,000 | 1,529,000 | 1,833,000 | 1,659,000 | 1,328,000 | 1,458,000 | 1,822,000 | 1,865,000 | 2,184,000 | 2,100,000 | 2,236,000 | 1,974,000 | 1,562,000 | 1,539,000 |
| Short-term investments | US$ in thousands | — | — | — | — | 15,000 | — | — | 16,000 | 22,000 | 17,000 | 14,000 | 11,000 | 61,000 | 50,000 | 56,000 | 52,000 | — | — | — | — |
| Total current liabilities | US$ in thousands | 2,608,000 | 4,081,000 | 3,730,000 | 3,269,000 | 3,055,000 | 3,042,000 | 2,784,000 | 3,037,000 | 3,165,000 | 3,204,000 | 2,939,000 | 3,013,000 | 3,519,000 | 3,527,000 | 3,233,000 | 3,272,000 | 3,234,000 | 3,169,000 | 2,861,000 | 2,738,000 |
| Cash ratio | 0.92 | 0.51 | 0.47 | 0.54 | 0.65 | 0.64 | 0.62 | 0.51 | 0.59 | 0.52 | 0.46 | 0.49 | 0.54 | 0.54 | 0.69 | 0.66 | 0.69 | 0.62 | 0.55 | 0.56 |
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 exhibits notable fluctuations over the period analyzed, reflecting variations in the company's liquidity position. Starting at approximately 0.56 as of September 30, 2020, the ratio remained relatively stable through the end of 2020, with a slight decline to 0.55 by December 31. A gradual increase was observed in early 2021, reaching 0.62 at the end of March, and further rising to 0.69 by June 30, 2021. This upward trend persisted through September and December 2021, with ratios of 0.66 and 0.69 respectively, indicating an improved liquidity buffer.
In 2022, the ratio experienced a decline, falling to 0.54 by March and June, and further decreasing to 0.49 by September. The downward trend continued into December 2022, reaching 0.46. However, a partial recovery was observed in 2023, with ratios increasing again to 0.52 in March and further to 0.59 in June, before slightly receding to 0.51 by September.
The ratios demonstrated an upward trajectory towards the end of 2023, attaining 0.62 in December, and extending to 0.64 and 0.65 in the following quarters of March and June 2024, suggesting an improvement in cash coverage relative to current liabilities. However, a slight decline was noted in the subsequent periods, with ratios of 0.54 in September 2024 and 0.47 in December 2024. The trend stabilized somewhat in early 2025, with ratios around 0.51 in March, but then notably spiked to 0.92 by June 30, 2025.
Overall, the cash ratio of News Corp B demonstrates periods of both strengthening and weakening liquidity liquidity levels. The fluctuating nature of this ratio suggests varying strategies in cash management, possibly influenced by operational needs, investment activities, or strategic liquidity preservation. The significant increase observed at the end of June 2025 indicates a period of heightened liquidity buffer, which could be attributed to strategic cash accumulation or temporary reduction in liabilities, positioning the company to better address short-term obligations or capitalize on new opportunities.
Peer comparison
Jun 30, 2025