Fox Balance Sheet Health
Financial Health criteria checks 6/6
Fox has a total shareholder equity of $11.8B and total debt of $7.2B, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are $23.0B and $11.2B respectively. Fox's EBIT is $3.0B making its interest coverage ratio 12.8. It has cash and short-term investments of $3.3B.
Key information
61.0%
Debt to equity ratio
US$7.20b
Debt
| Interest coverage ratio | 12.8x |
| Cash | US$3.32b |
| Equity | US$11.81b |
| Total liabilities | US$11.21b |
| Total assets | US$23.02b |
Recent financial health updates
No updates
Recent updates
Fox: Strong Q2 Earnings Provides Some Optimism
Feb 05Fox: Underestimating The Post-Election Upswing
Nov 21Fox Corporation: Changes In Media Could Force Significant Losses
May 31Fox Corporation: Value Hiding In Plain Site In The Turbulent Media Sector
Feb 27Fox, Innovid enter cross-platform partnership
Oct 12Can You Actually 'Buy' Fox Corporation? Yes, You Can
Sep 15Fox Q4 2022 Earnings Preview
Aug 09Paramount Vs. Fox Stock: Which Is The Better Buy?
Jul 29Fox Nation expands distribution to fuboTV
Jul 21Fox Corporation: Fundamentally Appealing
Mar 21Fox Corporation: Diversifying Company Interests Leads To Star Potential
Feb 28Fox, CNN notch cable news records in 2020
Dec 31FOX News Media's ad-supported streaming weather platform 'FOX Weather' to debut in 3Q21
Dec 09Fox: Near Monopolies Are Fun Until They Break
Nov 18Fox Corporation: Step Over This One-Foot Bar
Nov 16Trump allies looking at Newsmax buyout to rival Fox - WSJ
Nov 15Fox Corporation And Its Tough Road Ahead
Nov 10Fox EPS beats by $0.44, beats on revenue
Nov 03Financial Position Analysis
Short Term Liabilities: FOX's short term assets ($8.2B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: FOX's short term assets ($8.2B) exceed its long term liabilities ($7.9B).
Debt to Equity History and Analysis
Debt Level: FOX's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: FOX's debt to equity ratio has reduced from 63.9% to 61% over the past 5 years.
Debt Coverage: FOX's debt is well covered by operating cash flow (30.2%).
Interest Coverage: FOX's interest payments on its debt are well covered by EBIT (12.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/18 17:56 |
| End of Day Share Price | 2025/02/18 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Fox Corporation is covered by 40 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Pierre-Marie D'Ornano | Arete Research Services LLP |
| Andrew Charles Beale | Arete Research Services LLP |
| Joseph Bonner | Argus Research Company |