Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. News's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.41.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, News couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for News's Cash-to-Debt or its related term are showing as below:
NWSA'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 1.03 Max: No Debt
Current: 0.41
During the past 13 years, News's highest Cash to Debt Ratio was No Debt. The lowest was 0.31. And the median was 1.03.
News Cash-to-Debt Historical Data
The historical data trend for News's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
|
News Annual Data
|
|
Trend |
Jun14 |
Jun15 |
Jun16 |
Jun17 |
Jun18 |
Jun19 |
Jun20 |
Jun21 |
Jun22 |
Jun23 |
| Cash-to-Debt |
|
|
|
|
|
|
1.13 |
0.60 |
0.63 |
0.44 |
0.44 |
|
News Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.31 |
0.40 |
0.44 |
0.37 |
0.41 |
Competitive Comparison
For the Entertainment subindustry, News's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
News Cash-to-Debt Distribution
For the Media - Diversified industry and Communication Services sector, News's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where News's Cash-to-Debt falls into.
News Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
News's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:
News's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
News (NWSA) Business Description
Traded in Other Exchanges
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.
Executives
| Marygrace Degrazio |
officer: Chief Accounting Officer |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Kelly Ayotte |
director |
C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Susan Panuccio |
officer: Chief Financial Officer |
C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| David B Pitofsky |
officer: General Counsel |
C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Kevin Halpin |
officer: Deputy Chief Financial Officer |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Joel Klein |
director |
C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| James R Murdoch |
director |
C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022 |
| John Elkann |
director |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003 |
| Elaine L. Chao |
director |
C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362 |
| Ana Paula Pessoa |
director |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003 |
| Masroor Siddiqui |
director |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003 |
| Natalie Bancroft |
director |
C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Jose Maria Aznar |
director |
C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Lachlan K Murdoch |
director |
C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Cruden Financial Services Llc |
10 percent owner |
C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501 |
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