Fox Corp Financials

FOX Stock  USD 44.12  0.75  1.73%   
Based on the analysis of Fox Corp's profitability, liquidity, and operating efficiency, Fox Corp Class may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At this time, Fox Corp's Total Assets are fairly stable compared to the past year. Total Current Liabilities is likely to rise to about 3.1 B in 2024, whereas Other Current Liabilities is likely to drop slightly above 1.3 B in 2024. Key indicators impacting Fox Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.140.1074
Significantly Up
Very volatile
Return On Assets0.09630.0683
Significantly Up
Slightly volatile
Return On Equity0.180.1401
Significantly Up
Slightly volatile
Debt Equity Ratio0.770.6717
Fairly Up
Slightly volatile
Current Ratio2.332.541
Significantly Down
Slightly volatile
The financial analysis of Fox Corp is a critical element in measuring its lifeblood. Investors should not minimize Fox Corp's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

1.91 Billion

  
Understanding current and past Fox Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Fox Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Fox Corp's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Fox Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Fox Corp Class. Check Fox Corp's Beneish M Score to see the likelihood of Fox Corp's management manipulating its earnings.

Fox Corp Stock Summary

Fox Corp competes with News Corp, News Corp, Paramount Global, Liberty Media, and Marcus. Fox Corporation operates as a news, sports, and entertainment company in the United States . The company was incorporated in 2018 and is based in New York, New York. Fox Corp operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 10600 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS35137L2043
CUSIP35137L204
LocationNew York; U.S.A
Business Address1211 Avenue of
SectorMedia
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.foxcorporation.com
Phone212 852 7000
CurrencyUSD - US Dollar

Fox Corp Key Financial Ratios

Fox Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets21.8B22.9B22.2B21.9B22.0B22.3B
Other Current Liab240M1.3B1.3B1.5B1.4B1.3B
Other Liab1.0B1.3B1.1B559M503.1M477.9M
Net Tangible Assets3.3B4.5B4.6B3.9B4.5B4.8B
Retained Earnings674M2.0B2.5B2.3B3.1B2.7B
Accounts Payable1.4B659M686M785M683M576.8M
Cash4.6B5.9B5.2B4.3B4.3B3.5B
Other Assets4.8B5.9B5.5B3.6B4.2B4.0B
Long Term Debt7.9B7.2B7.2B6.0B6.6B9.9B
Net Receivables1.9B2.0B2.1B2.2B2.4B2.3B
Good Will3.4B3.4B3.6B3.6B3.5B5.0B
Inventory856M729M791M543M626M737.7M
Other Current Assets97M105M162M265M192M182.4M
Total Liab11.6B11.8B10.8B11.4B10.9B10.0B
Total Current Assets7.5B8.7B8.3B7.3B7.5B7.4B
Short Term Debt122M841M107M1.3B675M641.3M
Intangible Assets3.2B3.2B3.2B3.1B3.0B3.7B
Common Stock9.5B7M6M5M4M3.8M
Net Debt3.3B2.1B2.1B2.9B3.8B2.1B
Net Invested Capital18.0B19.1B18.5B17.6B17.9B17.0B

Fox Corp Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense369M395M371M218M405M204.5M
Total Revenue12.3B12.9B14.0B14.9B14.0B12.3B
Gross Profit4.3B4.6B4.5B4.8B4.5B4.8B
Operating Income2.5B2.3B3.3B2.1B2.5B2.0B
Ebit2.3B3.3B2.1B2.1B2.5B2.4B
Cost Of Revenue8.0B8.3B9.5B10.1B9.5B9.0B
Income Before Tax1.5B2.9B1.7B1.7B2.1B2.4B
Net Income999M2.2B1.2B1.2B1.5B1.9B
Income Tax Expense402M717M461M483M550M525.0M
Minority Interest322M263M(28M)(14M)(53M)(50.4M)
Tax Provision402M717M461M483M550M418.1M
Net Interest Income(334M)(391M)(371M)(218M)(216M)(226.8M)
Ebitda2.5B3.6B2.4B2.5B2.9B2.9B
Interest Income35M4M6M131M189M198.5M

Fox Corp Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Fox Corp Class. It measures of how well Fox is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Fox Corp brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Fox had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Fox Corp has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory181M190M(301M)145M(303M)(287.9M)
Investments(1.1B)(86M)(28M)(438M)(452M)(474.6M)
Change In Cash1.4B1.2B(686M)(928M)47M44.7M
Depreciation258M300M363M411M389M317.9M
Dividends Paid335M330M307M299M281M267.0M
Capital Expenditures359M484M307M357M345M269.2M
Net Income1.1B2.2B1.2B1.3B1.5B1.6B
Change To Netincome864M188M981M390M448.5M470.9M
End Period Cash Flow4.6B5.9B5.2B4.3B4.3B3.3B
Free Cash Flow2.0B2.2B1.6B1.4B1.5B1.8B
Other Non Cash Items405M(522M)527M11M227M122.3M

Fox Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Fox Corp's current stock value. Our valuation model uses many indicators to compare Fox Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Fox Corp competition to find correlations between indicators driving Fox Corp's intrinsic value. More Info.
Fox Corp Class is rated # 5 in return on equity category among its peers. It is rated # 4 in return on asset category among its peers reporting about  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Fox Corp Class is roughly  2.38 . At this time, Fox Corp's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fox Corp's earnings, one of the primary drivers of an investment's value.

Fox Corp Class Systematic Risk

Fox Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Fox Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Fox Corp Class correlated with the market. If Beta is less than 0 Fox Corp generally moves in the opposite direction as compared to the market. If Fox Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Fox Corp Class is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Fox Corp is generally in the same direction as the market. If Beta > 1 Fox Corp moves generally in the same direction as, but more than the movement of the benchmark.

Fox Corp Thematic Clasifications

Fox Corp Class is part of Communication investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
CommunicationView
This theme covers USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Fox Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fox Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Fox Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.16

At this time, Fox Corp's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Fox Corp November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Fox Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Fox Corp Class. We use our internally-developed statistical techniques to arrive at the intrinsic value of Fox Corp Class based on widely used predictive technical indicators. In general, we focus on analyzing Fox Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Fox Corp's daily price indicators and compare them against related drivers.

Additional Tools for Fox Stock Analysis

When running Fox Corp's price analysis, check to measure Fox 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 Fox Corp is operating at the current time. Most of Fox Corp's value examination focuses on studying past and present price action to predict the probability of Fox 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 Fox Corp's price. Additionally, you may evaluate how the addition of Fox Corp to your portfolios can decrease your overall portfolio volatility.