Fox Balance Sheet Health
Financial Health criteria checks 2/6
Fox has a total shareholder equity of $10.6B and total debt of $8.4B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are $22.8B and $12.3B respectively. Fox's EBIT is $2.3B making its interest coverage ratio 11.5. It has cash and short-term investments of $4.1B.
Key information
79.9%
Debt to equity ratio
US$8.45b
Debt
| Interest coverage ratio | 11.5x |
| Cash | US$4.12b |
| Equity | US$10.57b |
| Total liabilities | US$12.28b |
| Total assets | US$22.85b |
Recent financial health updates
No updates
Recent updates
Fox 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 ($8.5B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: FOX's short term assets ($8.5B) do not cover its long term liabilities ($8.6B).
Debt to Equity History and Analysis
Debt Level: FOX's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: FOX's debt to equity ratio has increased from 0% to 79.9% over the past 5 years.
Debt Coverage: FOX's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: FOX's interest payments on its debt are well covered by EBIT (11.5x coverage).