News Corp A (NWSA)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | 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 | — |
| Receivables | US$ in thousands | 1,591,000 | 1,503,000 | 1,425,000 | 1,502,000 | 1,498,000 |
| Total current liabilities | US$ in thousands | 2,608,000 | 3,055,000 | 3,165,000 | 3,519,000 | 3,234,000 |
| Quick ratio | 1.53 | 1.14 | 1.04 | 0.96 | 1.15 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($2,403,000K
+ $—K
+ $1,591,000K)
÷ $2,608,000K
= 1.53
The analysis of News Corp A’s quick ratio over the period from June 30, 2021, to June 30, 2025, indicates fluctuations that reflect shifts in the company’s liquidity position.
As of June 30, 2021, the quick ratio stood at 1.15, suggesting that the company's liquid assets were 1.15 times its current liabilities, thereby indicating a comfortable liquidity position. This ratio decreased to 0.96 by June 30, 2022, falling below the critical 1.0 threshold, which could imply a slightly weaker liquidity buffer and increased reliance on inventory or less liquid assets to meet short-term obligations.
Between June 30, 2022, and June 30, 2023, the quick ratio experienced a modest increase to 1.04, nearing the breakeven point, thereby signaling an improvement in liquidity but still maintaining a relatively tight margin. A notable upward trend resumes thereafter, with the ratio rising to 1.14 by June 30, 2024, indicating enhanced liquidity and a stronger ability to cover short-term liabilities through quick assets.
The most significant improvement is observed by June 30, 2025, with the quick ratio reaching 1.53. This suggests a substantial strengthening of liquidity, positioning the company well above the standard threshold of 1.0. The increasing trend over these years demonstrates a consistent enhancement in the company's liquid assets relative to its current liabilities, reflecting prudent liquidity management strategies and potentially improved operational efficiency or better cash management.
Overall, the progression of the quick ratio suggests that News Corp A has strengthened its short-term liquidity position from 2022 onward, with a particularly notable improvement by mid-2025. This trend indicates increased capacity to meet immediate obligations without reliance on inventory sales or additional financing, which could be viewed as a positive indicator for stakeholders assessing short-term financial health.
Peer comparison
Jun 30, 2025