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News Corporation NWS
$ 29.75 -3.88%
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Quarterly report 2026-Q3
added 05-08-2026

News Corporation Balance Sheet 2025-2011 | NWS

Brief overview of News Corporation's assets and capital

This overview follows the five latest available annual observations between 2015 and 2019.

The size of the balance sheet remained broadly stable, moving from $15.1 billion to $15.7 billion. There was no meaningful expansion.

Asset growth of +4.1% came with a +82.6% rise in liabilities. Financial leverage became more prominent.

The equity ratio reached 58.2% from 79.1%. A high capital share reduces dependence on liabilities.

Negative net debt of -$190 million means cash holdings are larger than debt obligations.

Cash accounts for 10.5% of assets versus 12.9% initially. The change indicates the degree of financial flexibility.

The balance sheet carries negative retained earnings of -$2 billion. The figure may result from accumulated losses or an active capital return policy.

Conclusion

News Corporation retains a reasonably healthy balance sheet structure, which still needs support from earnings and cash flow.

Annual Balance Sheet News Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

-392 M 310 M 509 M 1.14 B 192 M -258 M -190 M -82 M -1.64 B -1.46 B -1.55 B -2.71 B -1.27 B -1.13 B -2.02 B

Long Term Debt

1.94 B 2.09 B 2.19 B 2.78 B 2.28 B 1.18 B 1 B 1.49 B 276 M 369 M - - - - -

Long Term Debt Current

74 M 89 M 81 M 139 M 143 M 76 M 449 M 462 M 103 M 3 M - - - - -

Total Non Current Liabilities

- - - - - - 2.06 B 2.55 B 1.01 B 1.24 B 802 M 806 M 776 M 1.7 B 2.01 B

Total Current Liabilities

2.61 B 3.06 B 3.16 B 3.52 B 3.23 B 2.68 B 3.34 B 3.3 B 2.45 B 2.44 B 2.16 B 2.26 B - - -

Total Liabilities

- - - - - - 5.4 B 5.85 B 3.46 B 3.68 B 2.96 B 3.07 B 2.95 B 4.17 B 4.58 B

Deferred Revenue

498 M 483 M 554 M 604 M 473 M 398 M 428 M 516 M 426 M 388 M 361 M 369 M 389 M 386 M 447 M

Retained Earnings

-747 M -1.89 B -2.14 B -2.29 B -2.91 B -3.24 B -1.98 B -2.16 B -648 M 150 M 88 M 237 M - - -

Total Assets

15.5 B 16.7 B 16.9 B 17.2 B 16.8 B 14.3 B 15.7 B 16.3 B 14.6 B 15.5 B 15.1 B 16.5 B 15.6 B 13.1 B 17 B

Cash and Cash Equivalents

2.4 B 1.87 B 1.76 B 1.77 B 2.24 B 1.52 B 1.64 B 2.03 B 2.02 B 1.83 B 1.95 B 3.14 B 2.38 B 1.13 B -

Book Value

15.5 B 16.7 B 16.9 B 17.2 B 16.8 B 14.3 B 10.3 B 10.5 B 11.1 B 11.8 B 12.1 B 13.4 B 12.7 B 8.92 B 12.4 B

Total Shareholders Equity

8.77 B 8.12 B 8.06 B 8.22 B 9.15 B 8.39 B 9.14 B 9.29 B 10.8 B 11.6 B 11.9 B 13.2 B 12.7 B 8.92 B -

All numbers in USD currency

Quarterly Balance Sheet News Corporation

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Long Term Debt

1.99 B 1.93 B 1.93 B 1.93 B 1.93 B 1.95 B 1.94 B 1.95 B 2.71 B 2.98 B - 2.98 B 2.91 B 3 B 2.96 B 3 B 2.98 B 2.78 B 2.5 B 1.97 B 1.96 B 2.28 B 2.28 B 1.04 B 1.21 B 1.18 B 1.18 B 1.2 B 707 M 1 B 1 B 936 M 1.19 B 1.49 B 1.49 B 187 M 281 M 276 M 276 M 268 M 377 M 369 M 369 M - - - - - - - - - - - - - - - - - - - -

Deferred Revenue

556 M 474 M 504 M 474 M 504 M 431 M 501 M 431 M 559 M 510 M - 510 M 624 M 591 M 623 M 591 M 592 M 604 M 528 M 462 M 467 M 473 M 473 M 400 M 409 M 398 M 398 M 411 M 448 M 428 M 428 M 430 M 436 M 516 M 448 M 390 M 448 M 426 M 426 M 404 M 401 M 388 M 388 M 337 M 354 M 346 M 346 M 412 M 404 M 369 M 369 M 380 M 414 M 389 M 389 M - - - - - - - -

Retained Earnings

-452 M -509 M -664 M -509 M -664 M -1.57 B -1.48 B -1.57 B -1.78 B -1.96 B - -1.96 B -2.11 B -2.19 B -2.14 B -2.19 B -2.25 B -2.29 B -2.4 B -2.48 B -2.72 B -2.91 B -2.91 B -2.98 B -3.21 B -3.24 B -3.24 B -2.11 B -2.2 B -1.98 B -1.98 B -1.94 B -2.03 B -2.14 B -2.14 B -664 M -581 M -648 M -648 M -213 M 76 M 150 M 150 M 268 M 204 M 88 M 88 M 444 M 302 M 237 M 237 M 177 M 27 M - - - - - - - - - -

Total Assets

15.5 B 15.5 B 15.3 B 15.5 B 15.3 B 16.2 B 16.6 B 16.2 B 16.9 B 16.7 B - 16.7 B 16.5 B 16.9 B 17 B 16.9 B 16.4 B 17.2 B 17.4 B 16.5 B 16.4 B 16.8 B 16.8 B 15.1 B 14.4 B 14.3 B 14.3 B 16.3 B 16.2 B 15.7 B 15.7 B 16.2 B 16.3 B 16.3 B 16.3 B 14.4 B 14.7 B 14.6 B 14.6 B 14.5 B 15.3 B 15.5 B 15.5 B 14.9 B 14.8 B 15 B 15 B 16 B 16.1 B 16.5 B 16.5 B 16 B 16.3 B 15.6 B 15.6 B - - - - - - - -

Cash and Cash Equivalents

2.17 B 2.05 B 2.2 B 2.05 B 2.2 B 1.75 B 2.1 B 1.75 B 1.76 B 1.72 B 1.93 B 1.71 B 1.53 B 1.33 B 1.66 B 1.33 B 1.46 B 1.82 B 1.86 B 2.18 B 2.1 B 2.24 B 2.24 B 1.56 B 1.54 B 1.52 B 1.52 B 1.27 B 1.44 B 1.64 B 1.64 B 1.62 B 1.89 B 1.62 B 1.89 B 1.86 B 1.88 B 2.02 B 2.02 B 1.56 B 1.5 B 1.56 B 1.5 B 1.88 B 1.9 B 1.88 B 1.9 B 1.92 B 2.74 B 1.92 B 2.74 B 2.91 B 2.69 B 2.91 B 2.69 B 741 M 1.01 B 1.13 B - - - 2.02 B -

Book Value

15.5 B 15.5 B 15.3 B 15.5 B 15.3 B 16.2 B 16.6 B 16.2 B 16.9 B 16.7 B - 16.7 B 16.5 B 16.9 B 17 B 16.9 B 16.4 B 17.2 B 17.4 B 16.5 B 16.4 B 16.8 B 16.8 B 15.1 B 14.4 B 14.3 B 14.3 B 16.3 B 16.2 B 15.7 B 15.7 B 16.2 B 16.3 B 16.3 B 16.3 B 14.4 B 14.7 B 14.6 B 14.6 B 14.5 B 15.3 B 15.5 B 15.5 B 14.9 B 14.8 B 15 B 15 B 16 B 16.1 B 16.5 B 16.5 B 16 B 16.3 B 15.6 B 15.6 B - - - - - - - -

Total Shareholders Equity

8.58 B 8.79 B 8.7 B 8.79 B 8.7 B 8.15 B 8.2 B 9.02 B 9.17 B 8.18 B 8.91 B 9.1 B 8.74 B 8.12 B 8.08 B 9.06 B 8.73 B 8.22 B 9.42 B 9.35 B 9.15 B 9.15 B 8.21 B 8.13 B 7.64 B 7.58 B 7.58 B 8.96 B 8.71 B 9.14 B 9.14 B 9.26 B 9.26 B 9.29 B 9.29 B 10.9 B 10.9 B 10.8 B 10.9 B 11 B 11.5 B 11.6 B 11.6 B 11.8 B 11.6 B 11.9 B 11.9 B 12.6 B 12.8 B 13.2 B 13.2 B 12.7 B 12.8 B 12.6 B 12.6 B 12.4 B 9.19 B 8.92 B - - - 12.4 B -

All numbers in USD currency

Balance Sheet is a fundamental financial report of News Corporation, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

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