Analysis of Liquidity Ratios
Liquidity ratios measure the company ability to meet its short-term obligations.
Liquidity Ratios (Summary)
Twenty-First Century Fox Inc., liquidity ratios
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30).
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Twenty-First Century Fox Inc. current ratio improved from 2016 to 2017 and from 2017 to 2018. |
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Twenty-First Century Fox Inc. quick ratio improved from 2016 to 2017 and from 2017 to 2018. |
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Twenty-First Century Fox Inc. cash ratio improved from 2016 to 2017 and from 2017 to 2018. |
Current Ratio
Twenty-First Century Fox Inc., current ratio calculation, comparison to benchmarks
| Jun 30, 2018 | Jun 30, 2017 | Jun 30, 2016 | Jun 30, 2015 | Jun 30, 2014 | Jun 30, 2013 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Current assets | 19,333) | 16,286) | 14,949) | 17,376) | 15,376) | 15,567) | |
| Current liabilities | 8,244) | 7,238) | 7,068) | 7,262) | 8,856) | 8,435) | |
| Liquidity Ratio | |||||||
| Current ratio1 | 2.35 | 2.25 | 2.12 | 2.39 | 1.74 | 1.85 | |
| Benchmarks | |||||||
| Current Ratio, Competitors2 | |||||||
| Alphabet Inc. | — | — | — | — | — | — | |
| Comcast Corp. | — | — | — | — | — | — | |
| Meta Platforms Inc. | — | — | — | — | — | — | |
| Netflix Inc. | — | — | — | — | — | — | |
| Walt Disney Co. | 0.94 | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30).
1 2018 Calculation
Current ratio = Current assets ÷ Current liabilities
= 19,333 ÷ 8,244 = 2.35
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Current ratio | A liquidity ratio calculated as current assets divided by current liabilities. | Twenty-First Century Fox Inc. current ratio improved from 2016 to 2017 and from 2017 to 2018. |
Quick Ratio
Twenty-First Century Fox Inc., quick ratio calculation, comparison to benchmarks
| Jun 30, 2018 | Jun 30, 2017 | Jun 30, 2016 | Jun 30, 2015 | Jun 30, 2014 | Jun 30, 2013 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 7,622) | 6,163) | 4,424) | 8,428) | 5,415) | 6,659) | |
| Receivables, net | 7,120) | 6,477) | 6,258) | 5,912) | 6,468) | 5,459) | |
| Total quick assets | 14,742) | 12,640) | 10,682) | 14,340) | 11,883) | 12,118) | |
| Current liabilities | 8,244) | 7,238) | 7,068) | 7,262) | 8,856) | 8,435) | |
| Liquidity Ratio | |||||||
| Quick ratio1 | 1.79 | 1.75 | 1.51 | 1.97 | 1.34 | 1.44 | |
| Benchmarks | |||||||
| Quick Ratio, Competitors2 | |||||||
| Alphabet Inc. | — | — | — | — | — | — | |
| Comcast Corp. | — | — | — | — | — | — | |
| Meta Platforms Inc. | — | — | — | — | — | — | |
| Netflix Inc. | — | — | — | — | — | — | |
| Walt Disney Co. | 0.75 | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30).
1 2018 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 14,742 ÷ 8,244 = 1.79
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Quick ratio | A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. | Twenty-First Century Fox Inc. quick ratio improved from 2016 to 2017 and from 2017 to 2018. |
Cash Ratio
Twenty-First Century Fox Inc., cash ratio calculation, comparison to benchmarks
| Jun 30, 2018 | Jun 30, 2017 | Jun 30, 2016 | Jun 30, 2015 | Jun 30, 2014 | Jun 30, 2013 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||
| Cash and cash equivalents | 7,622) | 6,163) | 4,424) | 8,428) | 5,415) | 6,659) | |
| Total cash assets | 7,622) | 6,163) | 4,424) | 8,428) | 5,415) | 6,659) | |
| Current liabilities | 8,244) | 7,238) | 7,068) | 7,262) | 8,856) | 8,435) | |
| Liquidity Ratio | |||||||
| Cash ratio1 | 0.92 | 0.85 | 0.63 | 1.16 | 0.61 | 0.79 | |
| Benchmarks | |||||||
| Cash Ratio, Competitors2 | |||||||
| Alphabet Inc. | — | — | — | — | — | — | |
| Comcast Corp. | — | — | — | — | — | — | |
| Meta Platforms Inc. | — | — | — | — | — | — | |
| Netflix Inc. | — | — | — | — | — | — | |
| Walt Disney Co. | 0.23 | — | — | — | — | — | |
Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30).
1 2018 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 7,622 ÷ 8,244 = 0.92
2 Click competitor name to see calculations.
| Liquidity ratio | Description | The company |
|---|---|---|
| Cash ratio | A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. | Twenty-First Century Fox Inc. cash ratio improved from 2016 to 2017 and from 2017 to 2018. |