News Corp B (NWS)
Current ratio
Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
---|---|---|---|---|---|---|
Total current assets | US$ in thousands | 4,811,000 | 4,372,000 | 4,053,000 | 4,093,000 | 4,456,000 |
Total current liabilities | US$ in thousands | 2,608,000 | 3,055,000 | 3,165,000 | 3,519,000 | 3,234,000 |
Current ratio | 1.84 | 1.43 | 1.28 | 1.16 | 1.38 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $4,811,000K ÷ $2,608,000K
= 1.84
The current ratio for News Corp B over the period from June 30, 2021, to June 30, 2025, demonstrates a pattern of fluctuation and gradual improvement in liquidity positions.
As of June 30, 2021, the current ratio stood at 1.38, indicating that the company's current assets were 1.38 times its current liabilities, reflecting a comfortable liquidity cushion at that time. By June 30, 2022, the ratio decreased to 1.16, suggesting a slight weakening in short-term liquidity and a narrower buffer to cover current obligations.
However, the ratio recovers in the subsequent year, rising to 1.28 on June 30, 2023. This uptick signals a regained adequacy in liquidity, although it remains below the 2021 level. The trend continues positively, with the current ratio reaching 1.43 by June 30, 2024, indicating further strengthening of the firm's short-term financial health and an improved ability to meet current liabilities with current assets.
The most recent data points to June 30, 2025, where the current ratio is recorded at 1.84. This value suggests a significant enhancement in liquidity, with current assets substantially exceeding current liabilities, thus providing a robust buffer to cover short-term obligations.
Overall, the progression of the current ratio illustrates an initial decline followed by consistent recovery and steady improvement, culminating in a comparatively strong liquidity position as of mid-2025. This trend underscores the company's enhanced capacity to manage its short-term liquidity needs over the analyzed period.
Peer comparison
Jun 30, 2025