News's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $169 Mil. News's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,074 Mil. News's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $8,182 Mil.
News's debt to equity for the quarter that ended in Dec. 2023 was 0.52.
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 News's Debt-to-Equity or its related term are showing as below:
NWS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.31 Max: 0.53
Current: 0.52
During the past 13 years, the highest Debt-to-Equity Ratio of News was 0.53. The lowest was 0.03. And the median was 0.31.
News Debt-to-Equity Historical Data
The historical data trend for News'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.
|
News Annual Data
|
|
Trend |
Jun14 |
Jun15 |
Jun16 |
Jun17 |
Jun18 |
Jun19 |
Jun20 |
Jun21 |
Jun22 |
Jun23 |
| Debt-to-Equity |
|
|
|
|
|
|
0.16 |
0.33 |
0.44 |
0.51 |
0.52 |
|
News Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.52 |
0.52 |
0.52 |
0.53 |
0.52 |
Competitive Comparison
For the Entertainment subindustry, News'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.
News Debt-to-Equity Distribution
For the Media - Diversified industry and Communication Services sector, News's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where News's Debt-to-Equity falls into.
News Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
News's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as
News's Debt to Equity 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 (NWS) 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
| 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 |
| Keith Rupert Murdoch |
director, officer: Executive Chairman |
C/O FOX CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Robert J Thomson |
director, officer: Chief Executive Officer |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003 |
| Lachlan K Murdoch |
director |
C/O NEWS AMERICA INCORPORATED, 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 |
| 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 |
| Peter Barnes |
director |
C/O NEWS AMERICA INCORPORATED, 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 |
| Ana Paula Pessoa |
director |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003 |
| James R Murdoch |
director |
C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022 |
| Kevin Halpin |
officer: Deputy Chief Financial Officer |
1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
| Elaine L. Chao |
director |
C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362 |
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