News (NWS) Interest Expense : $-80 Mil (TTM As of Sep. 2024)

View and export this data going back to 2013. Start your Free Trial

What is News Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. News's interest expense for the three months ended in Sep. 2024 was $ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-80 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. News's Operating Income for the three months ended in Sep. 2024 was $ 226 Mil. News's Interest Expense for the three months ended in Sep. 2024 was $ -18 Mil. News's Interest Coverage for the quarter that ended in Sep. 2024 was 12.56. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

News Interest Expense Historical Data

The historical data trend for News's Interest Expense 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.

News Interest Expense Chart

News Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

Get a 7-Day Free Trial

-25.00

-53.00

-99.00

-100.00

-85.00

News Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-23.00	-25.00	-19.00	-18.00	-18.00

News Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-80 Mil.

News (NAS:NWS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

News's Interest Expense for the three months ended in Sep. 2024 was $-18 Mil. Its Operating Income for the three months ended in Sep. 2024 was $226 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was $3,742 Mil.

News's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	226	/	-18
	=	12.56

The higher the ratio, the stronger the company's financial strength is.

News Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Corp (NAS:NWS) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NWSA:USA 0K7V:UK 0K7U:UK NC0:Germany N1WS34:Brazil NWSLV:Australia NWS:Australia

Address

1211 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.newscorp.com

News Corporation is a diversified media conglomerate with significant presence in the us, the UK, and Australia. Key mastheads include The Wall Street Journal, Barron's, New York Post, The Times, The Sun, The Australian, Herald Sun, and The Daily Telegraph. The company also has a strong presence in the Australian subscription video market through 65%-owned Foxtel, and streaming platforms such as sport-focused Kayo and entertainment-focused Binge. Its 61%-owned REA Group is the dominant property listings business in Australia. In addition, it owns Harper Collins, one of the largest book publishers in the world, and has a sizable us digital property advertising business, Move.

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