News Corp B (NWS)

Current 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
Total current assets US$ in thousands 4,811,000 6,841,000 6,452,000 4,506,000 4,372,000 4,128,000 4,003,000 3,969,000 4,053,000 4,032,000 3,763,000 3,754,000 4,093,000 4,162,000 4,599,000 4,372,000 4,456,000 3,943,000 3,596,000 3,435,000
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
Current ratio 1.84 1.68 1.73 1.38 1.43 1.36 1.44 1.31 1.28 1.26 1.28 1.25 1.16 1.18 1.42 1.34 1.38 1.24 1.26 1.25

June 30, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $4,811,000K ÷ $2,608,000K
= 1.84

The current ratio of News Corp B has demonstrated a generally stable and gradually improving trend over the analyzed period. Starting at 1.25 at September 30, 2020, the ratio experienced slight fluctuations but remained within a relatively narrow range, indicating consistent short-term liquidity.

Throughout 2020 and into early 2021, the current ratio hovered around the low 1.2 to 1.3 levels, suggesting that the company's current assets slightly exceeded current liabilities, but with limited cushioning. A notable increase was observed in June 2021, with the ratio rising to 1.38, and further improvement was seen toward the end of 2021, reaching 1.42 at December 31, 2021. This indicates an enhancement in liquidity position, providing the company with more buffer to meet its short-term obligations.

In 2022, the ratio experienced a decline, registering 1.18 in March and 1.16 in June, reflecting some weakening in liquidity. Nevertheless, the ratio recovered to 1.25 in September 2022 and 1.28 in December 2022, suggesting stabilization.

The subsequent period from 2023 to mid-2024 saw a gradual upward trend, with ratios rising from 1.26 in March 2023 to 1.44 in December 2023, and further to 1.73 by December 2024. The continued increase indicates an improved capacity to cover short-term liabilities, possibly through enhanced current assets or reduced current liabilities.

From late 2024 into mid-2025, the ratio persisted at higher levels, reaching 1.68 in March 2025 and further increasing to 1.84 by June 2025. Such levels are generally considered healthy, providing a sufficient safety margin for short-term financial obligations.

Overall, the analysis demonstrates that News Corp B's current ratio has shown resilience and improvement over time, moving from modest levels towards a more robust liquidity position. The upward trend, especially in the last year, suggests effective management of current assets relative to current liabilities, with the current ratio consistently remaining above 1.0, indicating adequate liquidity to meet short-term commitments.


Peer comparison

Jun 30, 2025

Company name
Symbol
Current ratio
News Corp B
NWS
1.84
New York Times Company
NYT
1.53
News Corp A
NWSA
1.84