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Fox Debt-to-Equity

: 0.69 (As of Mar. 2022)
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Fox's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $107 Mil. Fox's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2022 was $7,587 Mil. Fox's Total Stockholders Equity for the quarter that ended in Mar. 2022 was $11,200 Mil. Fox's debt to equity for the quarter that ended in Mar. 2022 was 0.69.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Fox's Debt-to-Equity or its related term are showing as below:

FOX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68   Med: 0.75   Max: 0.84
Current: 0.69

During the past 6 years, the highest Debt-to-Equity Ratio of Fox was 0.84. The lowest was 0.68. And the median was 0.75.

FOX's Debt-to-Equity is ranked worse than
70.19% of 795 companies
in the Media - Diversified industry
Industry Median: 0.32 vs FOX: 0.69

Fox Debt-to-Equity Historical Data

The historical data trend for Fox's Debt-to-Equity 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.

* Premium members only.

Fox Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Debt-to-Equity
Premium Member Only - - 0.68 0.84 0.76

Fox Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.76 0.74 0.75 0.69

Competitive Comparison

For the Entertainment subindustry, Fox's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

   

Fox Debt-to-Equity Distribution

For the Media - Diversified industry and Communication Services sector, Fox's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fox's Debt-to-Equity falls into.



Fox Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fox's Debt to Equity Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Fox's Debt to Equity Ratio for the quarter that ended in Mar. 2022 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.


Fox  (NAS:FOX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Fox Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fox's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Fox Business Description

Fox logo
Industry
Traded in Other Exchanges
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Fox represents the assets not sold to Disney by the predecessor firm, Twenty First Century Fox. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, and the Fox Studios lot. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.
Executives
Hernandez Roland A director 300 NORTH SAN RAFAEL AVE PASADENA CA 91105
Murdoch Lachlan K director, officer: Executive Chairman, CEO C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Murdoch Keith Rupert director, officer: Chairman C/O FOX CORPORATION 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Nallen John officer: Chief Operating Officer C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Nasser Jacques A director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: NASSER JACQUES A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Carey Chase director C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Dinh Viet D officer: Chief Legal and Policy Officer GEORGETOWN UNIVERSITY LAW CENTER 600 NEW JERSEY AVENUE NW WASHINGTON DC 20001
Tomsic Steven officer: Chief Financial Officer 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Ryan Paul D director 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Dias Anne director 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
Murdoch Family Trust 10 percent owner C/O MCDONALD CARANO WILSON LLP 100 LIBERTY STREET RENO NV 89501
Twenty-first Century Fox, Inc. 10 percent owner 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036

Fox Headlines

Other Sources

Why Fox Shares Rose 13% in May

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