Fox Corporation (Class B)

Halal Rating :
Comfortable
Last Price $48.2
Market Cap $23.38b
1D Change

0.0 %

1 Year Change

60.48 %

Next Earnings Date

Yet to be announced

Company Overview

Fox Corporation operates as a news, sports, and entertainment company in the United States. The company operates through three segments: Cable Network Programming; Television; and Other, Corporate and Eliminations. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Soccer Plus, a video programming network for live soccer and rugby competitions.

Revenue Sources

Pass

Based on Fox Corporation's financial statements and business operations, the company's primary revenue streams come from advertising, affiliate fees, and content licensing. While some of their content may include controversial material, their core business activities do not directly involve prohibited products or services like gambling, alcohol, or adult entertainment. Their revenue generation model is primarily based on content creation and distribution.

Reliance on Interest

Pass
Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $3.56b $2.64b - - 0.00% 0.00%
June 30, 2024 $3.09b $2.47b - - 0.00% 0.00%
March 31, 2024 $3.45b $2.73b - $55.0m 0.00% 2.02%
Dec. 31, 2023 $4.23b $4.06b - $72.0m 0.00% 1.77%

Looking at the last four quarters of financial data, interest expense has been minimal relative to total expenses. Interest expense ranged from $0 to $72 million per quarter, while total expenses ranged from $2.4 billion to $4.0 billion. The interest expense ratio remains well below concerning levels. The company shows no interest income in any of the analyzed quarters.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, Fox Corporation does not maintain significant ongoing operations or material business relationships with entities involved in human rights violations. While the company has international business dealings, there is no evidence of substantial direct ties to the state of Israel or the Chinese Communist Party.

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