Stock Analysis on Net
Stock Analysis on Net

Twenty-First Century Fox Inc. (NASDAQ:FOX)

This company has been moved to the archive! The financial data has not been updated since February 6, 2019.

Adjusted Financial Ratios

Microsoft Excel

Adjusted Financial Ratios (Summary)

Twenty-First Century Fox Inc., adjusted financial ratios

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Activity Ratio
Total Asset Turnover
Reported 0.56 0.56 0.56 0.58 0.58 0.54
Adjusted 0.55 0.54 0.55 0.55 0.54 0.50
Liquidity Ratio
Current Ratio
Reported 2.35 2.25 2.12 2.39 1.74 1.85
Adjusted 2.68 2.57 2.40 2.92 1.99 2.13
Solvency Ratios
Debt to Equity
Reported 1.00 1.27 1.44 1.11 1.09 0.97
Adjusted 0.85 1.01 1.10 0.93 0.88 0.81
Debt to Capital
Reported 0.50 0.56 0.59 0.53 0.52 0.49
Adjusted 0.46 0.50 0.52 0.48 0.47 0.45
Financial Leverage
Reported 2.75 3.23 3.54 2.91 3.15 3.00
Adjusted 2.26 2.45 2.60 2.33 2.30 2.25
Profitability Ratios
Net Profit Margin
Reported 14.68% 10.36% 10.08% 28.65% 14.17% 25.64%
Adjusted 12.31% 12.51% 9.62% 23.14% 13.52% 23.84%
Return on Equity (ROE)
Reported 22.82% 18.78% 20.17% 48.23% 25.92% 41.75%
Adjusted 15.21% 16.61% 13.68% 29.88% 16.74% 26.61%
Return on Assets (ROA)
Reported 8.29% 5.82% 5.70% 16.60% 8.24% 13.93%
Adjusted 6.74% 6.77% 5.25% 12.84% 7.28% 11.85%

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).

Financial ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Twenty-First Century Fox Inc. adjusted total asset turnover ratio deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level.
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Twenty-First Century Fox Inc. adjusted current ratio improved from 2016 to 2017 and from 2017 to 2018.
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Twenty-First Century Fox Inc. adjusted debt-to-equity ratio improved from 2016 to 2017 and from 2017 to 2018.
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Twenty-First Century Fox Inc. adjusted debt-to-capital ratio improved from 2016 to 2017 and from 2017 to 2018.
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Twenty-First Century Fox Inc. adjusted financial leverage ratio decreased from 2016 to 2017 and from 2017 to 2018.
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Twenty-First Century Fox Inc. adjusted net profit margin ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Twenty-First Century Fox Inc. adjusted ROE improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Twenty-First Century Fox Inc. adjusted ROA improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.

Twenty-First Century Fox Inc., Financial Ratios: Reported vs. Adjusted

Adjusted Total Asset Turnover

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
Selected Financial Data (US$ in millions)
Revenues 30,400 28,500 27,326 28,987 31,867 27,675
Total assets 53,831 50,724 48,365 50,051 54,793 50,944
Activity Ratio
Total asset turnover1 0.56 0.56 0.56 0.58 0.58 0.54
Adjusted
Selected Financial Data (US$ in millions)
Adjusted revenues2 30,498 28,575 27,383 28,745 31,880 27,472
Adjusted total assets3 55,696 52,793 50,169 51,798 59,237 55,240
Activity Ratio
Adjusted total asset turnover4 0.55 0.54 0.55 0.55 0.54 0.50

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
Total asset turnover = Revenues ÷ Total assets
= 30,400 ÷ 53,831 = 0.56

2 Adjusted revenues. See details »

3 Adjusted total assets. See details »

4 2018 Calculation
Adjusted total asset turnover = Adjusted revenues ÷ Adjusted total assets
= 30,498 ÷ 55,696 = 0.55

Activity ratio Description The company
Adjusted total asset turnover An activity ratio calculated as total revenue divided by adjusted total assets. Twenty-First Century Fox Inc. adjusted total asset turnover ratio deteriorated from 2016 to 2017 but then improved from 2017 to 2018 exceeding 2016 level.

Adjusted Current Ratio

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
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
Adjusted
Selected Financial Data (US$ in millions)
Adjusted current assets2 19,721 16,823 15,525 17,854 16,191 16,457
Adjusted current liabilities3 7,361 6,548 6,478 6,124 8,132 7,725
Liquidity Ratio
Adjusted current ratio4 2.68 2.57 2.40 2.92 1.99 2.13

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 Adjusted current assets. See details »

3 Adjusted current liabilities. See details »

4 2018 Calculation
Adjusted current ratio = Adjusted current assets ÷ Adjusted current liabilities
= 19,721 ÷ 7,361 = 2.68

Liquidity ratio Description The company
Adjusted current ratio A liquidity ratio calculated as adjusted current assets divided by adjusted current liabilities. Twenty-First Century Fox Inc. adjusted current ratio improved from 2016 to 2017 and from 2017 to 2018.

Adjusted Debt to Equity

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
Selected Financial Data (US$ in millions)
Total debt 19,523 19,913 19,725 19,039 19,058 16,458
Total Twenty-First Century Fox, Inc. stockholders’ equity 19,564 15,722 13,661 17,220 17,418 16,998
Solvency Ratio
Debt to equity1 1.00 1.27 1.44 1.11 1.09 0.97
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 21,076 21,642 21,231 20,609 22,748 19,912
Adjusted total equity3 24,680 21,511 19,260 22,263 25,752 24,605
Solvency Ratio
Adjusted debt to equity4 0.85 1.01 1.10 0.93 0.88 0.81

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
Debt to equity = Total debt ÷ Total Twenty-First Century Fox, Inc. stockholders’ equity
= 19,523 ÷ 19,564 = 1.00

2 Adjusted total debt. See details »

3 Adjusted total equity. See details »

4 2018 Calculation
Adjusted debt to equity = Adjusted total debt ÷ Adjusted total equity
= 21,076 ÷ 24,680 = 0.85

Solvency ratio Description The company
Adjusted debt-to-equity ratio A solvency ratio calculated as adjusted total debt divided by adjusted total equity. Twenty-First Century Fox Inc. adjusted debt-to-equity ratio improved from 2016 to 2017 and from 2017 to 2018.

Adjusted Debt to Capital

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
Selected Financial Data (US$ in millions)
Total debt 19,523 19,913 19,725 19,039 19,058 16,458
Total capital 39,087 35,635 33,386 36,259 36,476 33,456
Solvency Ratio
Debt to capital1 0.50 0.56 0.59 0.53 0.52 0.49
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total debt2 21,076 21,642 21,231 20,609 22,748 19,912
Adjusted total capital3 45,756 43,153 40,491 42,872 48,500 44,517
Solvency Ratio
Adjusted debt to capital4 0.46 0.50 0.52 0.48 0.47 0.45

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
Debt to capital = Total debt ÷ Total capital
= 19,523 ÷ 39,087 = 0.50

2 Adjusted total debt. See details »

3 Adjusted total capital. See details »

4 2018 Calculation
Adjusted debt to capital = Adjusted total debt ÷ Adjusted total capital
= 21,076 ÷ 45,756 = 0.46

Solvency ratio Description The company
Adjusted debt-to-capital ratio A solvency ratio calculated as adjusted total debt divided by adjusted total debt plus adjusted total equity. Twenty-First Century Fox Inc. adjusted debt-to-capital ratio improved from 2016 to 2017 and from 2017 to 2018.

Adjusted Financial Leverage

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
Selected Financial Data (US$ in millions)
Total assets 53,831 50,724 48,365 50,051 54,793 50,944
Total Twenty-First Century Fox, Inc. stockholders’ equity 19,564 15,722 13,661 17,220 17,418 16,998
Solvency Ratio
Financial leverage1 2.75 3.23 3.54 2.91 3.15 3.00
Adjusted
Selected Financial Data (US$ in millions)
Adjusted total assets2 55,696 52,793 50,169 51,798 59,237 55,240
Adjusted total equity3 24,680 21,511 19,260 22,263 25,752 24,605
Solvency Ratio
Adjusted financial leverage4 2.26 2.45 2.60 2.33 2.30 2.25

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
Financial leverage = Total assets ÷ Total Twenty-First Century Fox, Inc. stockholders’ equity
= 53,831 ÷ 19,564 = 2.75

2 Adjusted total assets. See details »

3 Adjusted total equity. See details »

4 2018 Calculation
Adjusted financial leverage = Adjusted total assets ÷ Adjusted total equity
= 55,696 ÷ 24,680 = 2.26

Solvency ratio Description The company
Adjusted financial leverage A measure of financial leverage calculated as adjusted total assets divided by adjusted total equity.
Financial leverage is the extent to which a company can effect, through the use of debt, a proportional change in the return on common equity that is greater than a given proportional change in operating income.		 Twenty-First Century Fox Inc. adjusted financial leverage ratio decreased from 2016 to 2017 and from 2017 to 2018.

Adjusted Net Profit Margin

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
Selected Financial Data (US$ in millions)
Net income attributable to Twenty-First Century Fox, Inc. stockholders 4,464 2,952 2,755 8,306 4,514 7,097
Revenues 30,400 28,500 27,326 28,987 31,867 27,675
Profitability Ratio
Net profit margin1 14.68% 10.36% 10.08% 28.65% 14.17% 25.64%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net income2 3,754 3,574 2,634 6,652 4,311 6,548
Adjusted revenues3 30,498 28,575 27,383 28,745 31,880 27,472
Profitability Ratio
Adjusted net profit margin4 12.31% 12.51% 9.62% 23.14% 13.52% 23.84%

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
Net profit margin = 100 × Net income attributable to Twenty-First Century Fox, Inc. stockholders ÷ Revenues
= 100 × 4,464 ÷ 30,400 = 14.68%

2 Adjusted net income. See details »

3 Adjusted revenues. See details »

4 2018 Calculation
Adjusted net profit margin = 100 × Adjusted net income ÷ Adjusted revenues
= 100 × 3,754 ÷ 30,498 = 12.31%

Profitability ratio Description The company
Adjusted net profit margin An indicator of profitability, calculated as adjusted net income divided by total revenue. Twenty-First Century Fox Inc. adjusted net profit margin ratio improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.

Adjusted Return on Equity (ROE)

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
Selected Financial Data (US$ in millions)
Net income attributable to Twenty-First Century Fox, Inc. stockholders 4,464 2,952 2,755 8,306 4,514 7,097
Total Twenty-First Century Fox, Inc. stockholders’ equity 19,564 15,722 13,661 17,220 17,418 16,998
Profitability Ratio
ROE1 22.82% 18.78% 20.17% 48.23% 25.92% 41.75%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net income2 3,754 3,574 2,634 6,652 4,311 6,548
Adjusted total equity3 24,680 21,511 19,260 22,263 25,752 24,605
Profitability Ratio
Adjusted ROE4 15.21% 16.61% 13.68% 29.88% 16.74% 26.61%

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
ROE = 100 × Net income attributable to Twenty-First Century Fox, Inc. stockholders ÷ Total Twenty-First Century Fox, Inc. stockholders’ equity
= 100 × 4,464 ÷ 19,564 = 22.82%

2 Adjusted net income. See details »

3 Adjusted total equity. See details »

4 2018 Calculation
Adjusted ROE = 100 × Adjusted net income ÷ Adjusted total equity
= 100 × 3,754 ÷ 24,680 = 15.21%

Profitability ratio Description The company
Adjusted ROE A profitability ratio calculated as adjusted net income divided by adjusted total equity. Twenty-First Century Fox Inc. adjusted ROE improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.

Adjusted Return on Assets (ROA)

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Reported
Selected Financial Data (US$ in millions)
Net income attributable to Twenty-First Century Fox, Inc. stockholders 4,464 2,952 2,755 8,306 4,514 7,097
Total assets 53,831 50,724 48,365 50,051 54,793 50,944
Profitability Ratio
ROA1 8.29% 5.82% 5.70% 16.60% 8.24% 13.93%
Adjusted
Selected Financial Data (US$ in millions)
Adjusted net income2 3,754 3,574 2,634 6,652 4,311 6,548
Adjusted total assets3 55,696 52,793 50,169 51,798 59,237 55,240
Profitability Ratio
Adjusted ROA4 6.74% 6.77% 5.25% 12.84% 7.28% 11.85%

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
ROA = 100 × Net income attributable to Twenty-First Century Fox, Inc. stockholders ÷ Total assets
= 100 × 4,464 ÷ 53,831 = 8.29%

2 Adjusted net income. See details »

3 Adjusted total assets. See details »

4 2018 Calculation
Adjusted ROA = 100 × Adjusted net income ÷ Adjusted total assets
= 100 × 3,754 ÷ 55,696 = 6.74%

Profitability ratio Description The company
Adjusted ROA A profitability ratio calculated as adjusted net income divided by adjusted total assets. Twenty-First Century Fox Inc. adjusted ROA improved from 2016 to 2017 but then slightly deteriorated from 2017 to 2018.