News Corp A (NWSA)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,774,000K
= 0.00
The provided data indicates that News Corp A has maintained a debt-to-equity ratio of zero across all observed periods from June 30, 2021, through June 30, 2025. This consistent pattern suggests that the company has not utilized any debt in its capital structure during this timeframe. Consequently, the firm appears to operate solely with equity financing, reflecting an entirely unleveraged financial position. Such a capital structure minimizes financial risk associated with debt obligations but may also impact the company's leverage benefits, such as tax advantages of debt financing. Overall, the data indicates a conservative financing strategy characterized by the absence of debt.
Peer comparison
Jun 30, 2025