News Corp B (NWS)

Financial leverage ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Total assets US$ in thousands 15,504,000 16,684,000 16,921,000 17,221,000 16,771,000
Total stockholders’ equity US$ in thousands 8,774,000 8,120,000 8,064,000 8,222,000 8,211,000
Financial leverage ratio 1.77 2.05 2.10 2.09 2.04

June 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $15,504,000K ÷ $8,774,000K
= 1.77

The financial leverage ratio of News Corp B demonstrates a relatively stable leverage profile over the analyzed period from June 30, 2021, to June 30, 2025. Beginning at a ratio of 2.04 in 2021, the ratio increased slightly to 2.09 in 2022 and further rose marginally to 2.10 in 2023, indicating a modest upward trend in the company's reliance on debt relative to equity during this interval. Subsequently, the ratio experienced a slight decline to 2.05 in 2024, suggesting a minor reduction in leverage. By June 30, 2025, the ratio had decreased more notably to 1.77, reflecting a significant decrease in leverage compared to previous years.

Overall, the data indicates that News Corp B maintained relatively stable leverage levels during most of the period, with a slight upward trend initially, followed by a reduction toward the end of the forecast horizon. This pattern could imply a strategic shift towards deleveraging or improved equity financing, potentially enhancing financial stability and reducing financial risk as reflected by the decreasing leverage ratio in 2025.


Peer comparison

Jun 30, 2025

Company name
Symbol
Financial leverage ratio
News Corp B
NWS
1.77
New York Times Company
NYT
1.47
News Corp A
NWSA
1.77