News Corp B (NWS)
Quick 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 | 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 | — | — | — | — |
| Receivables | US$ in thousands | 1,562,000 | 1,539,000 | 1,655,000 | 1,698,000 | 1,503,000 | 1,438,000 | 1,516,000 | 1,559,000 | 1,425,000 | 1,540,000 | 1,636,000 | 1,473,000 | 1,502,000 | 1,532,000 | 1,665,000 | 1,499,000 | 1,498,000 | 1,335,000 | 1,444,000 | 1,240,000 |
| 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 |
| Quick ratio | 1.52 | 0.89 | 0.91 | 1.06 | 1.14 | 1.11 | 1.16 | 1.02 | 1.04 | 1.00 | 1.01 | 0.98 | 0.96 | 0.98 | 1.21 | 1.12 | 1.15 | 1.04 | 1.05 | 1.01 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,403,000K
+ $—K
+ $1,562,000K)
÷ $2,608,000K
= 1.52
The quick ratio of News Corp B has demonstrated moderate fluctuations over the period from September 2020 to June 2025. Initially, the ratio exhibited a slight upward trend, increasing from 1.01 in September 2020 to a peak of approximately 1.21 in December 2021. This suggests that the company's liquidity position in terms of immediately accessible assets relative to its current liabilities strengthened during this period.
Subsequently, there was a noticeable decline, with the ratio decreasing below 1.0 to approximately 0.96 by June 2022, indicating a modest reduction in liquidity buffer and potentially tightening liquidity conditions. The ratio remained near this level, oscillating slightly around 1.0 through September 2022 and March 2023 before gradually increasing again to about 1.16 by December 2023. This recent upward trend suggests a recovery or improvement in the company's ability to meet short-term obligations with liquid assets.
However, starting in early 2024, a downward movement was observed, reaching a low of approximately 0.89 in March 2025. Notably, there was a significant spike to 1.52 in June 2025, reversing the prior downward trend and indicating a substantial enhancement in the company's liquid asset position relative to its current liabilities.
Overall, the historical data indicates that News Corp B has experienced periods of both strength and weakness in liquidity, with a general tendency toward stability, punctuated by a recent notable increase in the ratio. This fluctuation reflects changing liquidity management or operational circumstances over the observed timeframe. The ratio predominantly remains around the critical 1.0 level, suggesting that the company generally maintains an adequate level of liquid assets to cover its short-term liabilities, with recent data implying an improved liquidity stance as of mid-2025.
Peer comparison
Jun 30, 2025