Fox Balance Sheet Health
Financial Health criteria checks 5/6
Fox has a total shareholder equity of $11.1B and total debt of $7.2B, which brings its debt-to-equity ratio to 65.1%. Its total assets and total liabilities are $22.0B and $10.9B respectively. Fox's EBIT is $2.4B making its interest coverage ratio 11.3. It has cash and short-term investments of $4.3B.
Key information
65.1%
Debt to equity ratio
US$7.20b
Debt
| Interest coverage ratio | 11.3x |
| Cash | US$4.32b |
| Equity | US$11.06b |
| Total liabilities | US$10.92b |
| Total assets | US$21.97b |
Recent financial health updates
Fox (NASDAQ:FOXA) Has A Pretty Healthy Balance Sheet
Apr 22
Is Fox (NASDAQ:FOXA) Using Too Much Debt?
Nov 10These 4 Measures Indicate That Fox (NASDAQ:FOXA) Is Using Debt Reasonably Well
Jun 13These 4 Measures Indicate That Fox (NASDAQ:FOXA) Is Using Debt Reasonably Well
Mar 08We Think Fox (NASDAQ:FOXA) Can Stay On Top Of Its Debt
Dec 06Is Fox (NASDAQ:FOXA) Using Too Much Debt?
Jul 11Recent updates
Fox (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 26Why Fox Corporation (NASDAQ:FOXA) Could Be Worth Watching
Dec 11Fox (NASDAQ:FOXA) May Have Issues Allocating Its Capital
Nov 26Is Fox (NASDAQ:FOXA) Using Too Much Debt?
Nov 10An Intrinsic Calculation For Fox Corporation (NASDAQ:FOXA) Suggests It's 39% Undervalued
Sep 26Is Fox Corporation (NASDAQ:FOXA) Potentially Undervalued?
Sep 11Fox's (NASDAQ:FOXA) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 27Fox's (NASDAQ:FOXA) Upcoming Dividend Will Be Larger Than Last Year's
Aug 13Investors Could Be Concerned With Fox's (NASDAQ:FOXA) Returns On Capital
Aug 02These 4 Measures Indicate That Fox (NASDAQ:FOXA) Is Using Debt Reasonably Well
Jun 13Why Fox Corporation (NASDAQ:FOXA) Could Be Worth Watching
May 31Is Fox Corporation (NASDAQ:FOXA) Trading At A 42% Discount?
May 03Fox (NASDAQ:FOXA) May Have Issues Allocating Its Capital
Apr 04These 4 Measures Indicate That Fox (NASDAQ:FOXA) Is Using Debt Reasonably Well
Mar 08When Should You Buy Fox Corporation (NASDAQ:FOXA)?
Feb 01Are Investors Undervaluing Fox Corporation (NASDAQ:FOXA) By 43%?
Jan 18Fox (NASDAQ:FOXA) Is Reinvesting At Lower Rates Of Return
Dec 21We Think Fox (NASDAQ:FOXA) Can Stay On Top Of Its Debt
Dec 06Is It Too Late To Consider Buying Fox Corporation (NASDAQ:FOXA)?
Oct 12Fox (NASDAQ:FOXA) May Have Issues Allocating Its Capital
Sep 14Fox's (NASDAQ:FOXA) Dividend Will Be Increased To $0.25
Aug 27Fox (NASDAQ:FOXA) Is Increasing Its Dividend To $0.25
Aug 13Is Fox (NASDAQ:FOXA) Using Too Much Debt?
Jul 11Is It Time To Consider Buying Fox Corporation (NASDAQ:FOXA)?
Jun 10Returns On Capital Signal Tricky Times Ahead For Fox (NASDAQ:FOXA)
May 23Financial Position Analysis
Short Term Liabilities: FOXA's short term assets ($7.5B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: FOXA's short term assets ($7.5B) do not cover its long term liabilities ($8.0B).
Debt to Equity History and Analysis
Debt Level: FOXA's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: FOXA's debt to equity ratio has reduced from 66.5% to 65.1% over the past 5 years.
Debt Coverage: FOXA's debt is well covered by operating cash flow (25.6%).
Interest Coverage: FOXA's interest payments on its debt are well covered by EBIT (11.3x coverage).