News Corp B (NWS)
Debt-to-capital ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 8,774,000 | 8,120,000 | 8,064,000 | 8,222,000 | 8,211,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $8,774,000K)
= 0.00
The data indicates that News Corp B has maintained a debt-to-capital ratio of zero percent from June 30, 2021, through June 30, 2025. This consistent zero ratio suggests that the company has not utilized debt financing during this period and relies entirely on equity or internal funds to finance its operations and investments. The absence of debt indicates a conservative capital structure, potentially reflecting a strategic decision to avoid leverage, mitigate financial risk, or it could be attributable to negotiations for debt issuance that have yet to be executed or disclosed. Overall, the company's capital structure appears to be entirely equity-based, with no visible leverage impacting its financial profile across the reviewed years.
Peer comparison
Jun 30, 2025