News Corp A (NWSA)
Cash ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 2,403,000 | 1,960,000 | 1,833,000 | 1,822,000 | 2,236,000 |
| Short-term investments | US$ in thousands | — | 15,000 | 22,000 | 61,000 | — |
| Total current liabilities | US$ in thousands | 2,608,000 | 3,055,000 | 3,165,000 | 3,519,000 | 3,234,000 |
| Cash ratio | 0.92 | 0.65 | 0.59 | 0.54 | 0.69 |
June 30, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($2,403,000K
+ $—K)
÷ $2,608,000K
= 0.92
The cash ratio of News Corp A over the analyzed period demonstrates a generally stable but slightly fluctuating trend from June 30, 2021, to June 30, 2025. Specifically, the ratio was 0.69 in 2021, indicating that the company's cash and cash equivalents covered approximately 69% of its current liabilities at that time. This ratio decreased to 0.54 by June 30, 2022, reflecting a reduction in the company's immediate liquidity position relative to its current liabilities. However, the ratio experienced a modest increase to 0.59 in 2023, suggesting a partial recovery of liquidity. The upward trend continued through 2024, with the ratio rising to 0.65, indicating an improvement in the company's ability to meet short-term obligations solely with cash and cash equivalents. The most notable increase is observed in 2025, when the cash ratio reaches 0.92, approaching a near cash-to-current liabilities equivalence and implying a significant enhancement in liquidity conservatism. Overall, the progression of the cash ratio implies a strategic strengthening of liquidity reserves for News Corp A, culminating in a markedly more conservative liquidity stance in 2025.
Peer comparison
Jun 30, 2025