News Current Ratio from 2010 to 2024

NWS Stock  USD 32.06  0.05  0.16%   
News Corp Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.43109656
Current Value
1.67
Quarterly Volatility
0.34856576
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check News Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among News Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 651.9 M, Interest Expense of 61.7 M or Total Revenue of 10 B, as well as many indicators such as Price To Sales Ratio of 1.39, Dividend Yield of 0.009 or PTB Ratio of 2.02. News financial statements analysis is a perfect complement when working with News Corp Valuation or Volatility modules.
  
Check out the analysis of News Corp Correlation against competitors.

Latest News Corp's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of News Corp B over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. News Corp's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in News Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.16 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

News Current Ratio Regression Statistics

Arithmetic Mean1.53
Geometric Mean1.49
Coefficient Of Variation22.81
Mean Deviation0.27
Median1.43
Standard Deviation0.35
Sample Variance0.12
Range1.1648
R-Value(0.46)
Mean Square Error0.10
R-Squared0.21
Significance0.08
Slope(0.04)
Total Sum of Squares1.70

News Current Ratio History

2024 1.67
2023 1.43
2021 1.16
2020 1.38
2019 1.29
2018 1.21
2017 1.33

About News Corp Financial Statements

News Corp shareholders use historical fundamental indicators, such as Current Ratio, to determine how well the company is positioned to perform in the future. Although News Corp investors may analyze each financial statement separately, they are all interrelated. The changes in News Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on News Corp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Ratio 1.43  1.67 

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Additional Tools for News Stock Analysis

When running News Corp's price analysis, check to measure News Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy News Corp is operating at the current time. Most of News Corp's value examination focuses on studying past and present price action to predict the probability of News Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News Corp's price. Additionally, you may evaluate how the addition of News Corp to your portfolios can decrease your overall portfolio volatility.