News Corp A (NWSA)
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 A exhibits fluctuations over the analyzed period, reflecting the company's short-term liquidity position. Starting from a value of 1.01 on September 30, 2020, the ratio gradually increased, reaching a peak of 1.21 on December 31, 2021. This indicates an improved ability to meet short-term liabilities with liquid assets during this period.
Subsequently, there was a decline, with the ratio falling below 1.00 in March 2022 and remaining near that level through mid-2023, reaching 1.00 on March 31, 2023. Throughout this period, the ratio hovered just above or below the critical threshold of 1.0, suggesting that the company's liquid assets were roughly equivalent to its current liabilities, signaling a moderate liquidity position.
In the later months, the ratio increased again, reaching a high of 1.52 on June 30, 2025. Conversely, the ratio declined to below 1.0 in December 2024 and March 2025, with the figures of 0.91 and 0.89 respectively, indicating periods where liquid assets fell short of current liabilities.
Overall, the trend indicates periods of liquidity strength interspersed with phases of marginal liquidity adequacy. The variability suggests that News Corp A's ability to rapidly cover its short-term obligations with liquid assets has experienced some contraction and expansion over time, with particular strengths observed around late 2024 to mid-2025.
Peer comparison
Jun 30, 2025