News Corp A (NWSA)
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 debt-to-capital ratio for News Corp A has consistently remained at 0.00 from June 30, 2021, through June 30, 2025. This indicates that the company has not reported any debt in its capital structure during this period, suggesting a reliance solely on equity financing with no reliance on debt capital. The persistent absence of debt components implies a conservative approach to leverage, potentially reflecting a focus on maintaining a low financial risk profile or a strategy prioritizing capital independence. It is important to consider that such a sustained zero debt-to-capital ratio over multiple years signifies either a deliberate policy of avoiding leverage or sufficient internal capital generation to finance operations and growth without external borrowing.
Peer comparison
Jun 30, 2025