Fox Balance Sheet Health
Financial Health criteria checks 5/6
Fox has a total shareholder equity of $11.6B and total debt of $7.2B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are $22.5B and $11.0B respectively. Fox's EBIT is $2.6B making its interest coverage ratio 11.7. It has cash and short-term investments of $4.1B.
Key information
62.2%
Debt to equity ratio
US$7.20b
Debt
| Interest coverage ratio | 11.7x |
| Cash | US$4.05b |
| Equity | US$11.58b |
| Total liabilities | US$10.96b |
| Total assets | US$22.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FOX1 *'s short term assets ($7.8B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: FOX1 *'s short term assets ($7.8B) do not cover its long term liabilities ($8.0B).
Debt to Equity History and Analysis
Debt Level: FOX1 *'s net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: FOX1 *'s debt to equity ratio has reduced from 64.1% to 62.2% over the past 5 years.
Debt Coverage: FOX1 *'s debt is well covered by operating cash flow (27.7%).
Interest Coverage: FOX1 *'s interest payments on its debt are well covered by EBIT (11.7x coverage).