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
Here's Why Fox (NASDAQ:FOXA) Can Manage Its Debt Responsibly
Sep 21
Fox (NASDAQ:FOXA) Has A Pretty Healthy Balance Sheet
Apr 22Recent updates
The Market Doesn't Like What It Sees From Fox Corporation's (NASDAQ:FOXA) Earnings Yet
Dec 12Fox Corporation's (NASDAQ:FOXA) CEO Compensation Looks Acceptable To Us And Here's Why
Nov 12Fox Corporation Just Recorded A 64% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 07Fox Corporation (NASDAQ:FOXA) Shares Could Be 44% Below Their Intrinsic Value Estimate
Oct 21Here's Why Fox (NASDAQ:FOXA) Can Manage Its Debt Responsibly
Sep 21Fox: Murdoch's Move On Fan Duel Option Is A Game Changer For Both Stocks
Sep 18Improved Earnings Required Before Fox Corporation (NASDAQ:FOXA) Shares Find Their Feet
Sep 062024-2025 Might Be The Time To Get Out Of Fox (Rating Downgrade)
Sep 02Fox (NASDAQ:FOXA) Is Increasing Its Dividend To $0.27
Aug 20Here's What To Make Of Fox's (NASDAQ:FOXA) Decelerating Rates Of Return
Jul 02Fox Corporation (NASDAQ:FOXA) Shares Could Be 46% Below Their Intrinsic Value Estimate
May 25Investors Don't See Light At End Of Fox Corporation's (NASDAQ:FOXA) Tunnel
May 10Fox (NASDAQ:FOXA) Has A Pretty Healthy Balance Sheet
Apr 22Fox (NASDAQ:FOXA) Is Due To Pay A Dividend Of $0.26
Feb 17Fox's (NASDAQ:FOXA) Conservative Accounting Might Explain Soft Earnings
Feb 14Fox Corporation (NASDAQ:FOXA) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jan 10Take Care Before Diving Into The Deep End On Fox Corporation (NASDAQ:FOXA)
Dec 26Financial Position Analysis
Short Term Liabilities: FOXA's short term assets ($7.8B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: FOXA's short term assets ($7.8B) do not cover its long term liabilities ($8.0B).
Debt to Equity History and Analysis
Debt Level: FOXA's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: FOXA's debt to equity ratio has reduced from 64.1% to 62.2% over the past 5 years.
Debt Coverage: FOXA's debt is well covered by operating cash flow (27.7%).
Interest Coverage: FOXA's interest payments on its debt are well covered by EBIT (11.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 16:02 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| 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 here.
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 .
Analyst Sources
Fox Corporation is covered by 44 analysts. 21 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 |