News Balance Sheet Health
Financial Health criteria checks 5/6
News has a total shareholder equity of $9.2B and total debt of $2.9B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are $16.9B and $7.8B respectively. News's EBIT is $818.0M making its interest coverage ratio 10.9. It has cash and short-term investments of $1.8B.
Key information
31.5%
Debt to equity ratio
US$2.89b
Debt
| Interest coverage ratio | 10.9x |
| Cash | US$1.79b |
| Equity | US$9.17b |
| Total liabilities | US$7.76b |
| Total assets | US$16.93b |
Recent financial health updates
No updates
Recent updates
News Corp: Near 52-Week Low Again Despite Solid FY22
Sep 26News goes ex-dividend tomorrow
Sep 12News GAAP EPS of $0.19 beats by $0.11, revenue of $2.67B beats by $90M
Aug 08News Corp: High-Quality Assets Suffering Conglomerate Discount
Jul 06News Corporation: Attractive Upside Still Exists
Apr 03News Corporation: Shares Offer Some Upside
Nov 29News Corporation: Valuation Disconnect Remains Despite Sensible And Opportunistic Dealmaking
Aug 20News Corp.: Advertising Business Continues To Disappoint
Dec 04News EPS beats by $0.10, beats on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: NWS's short term assets ($4.5B) exceed its short term liabilities ($3.3B).
Long Term Liabilities: NWS's short term assets ($4.5B) exceed its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: NWS's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: NWS's debt to equity ratio has increased from 13.9% to 31.5% over the past 5 years.
Debt Coverage: NWS's debt is well covered by operating cash flow (42.1%).
Interest Coverage: NWS's interest payments on its debt are well covered by EBIT (10.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:50 |
| End of Day Share Price | 2025/01/02 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
News Corporation is covered by 33 analysts. 13 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 |
|---|---|
| Mark McDonnell | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Aryan Norozi | Barrenjoey Markets Pty Limited |