News (NWS) Financials

News Corp (NWS) is a global media and information services company that operates in the areas of news, education, information, and digital real estate services. The company generates its revenue through various sources, including advertising, subscriptions, and other content distribution activities. As of the most recent financial statements, News Corp reported a total revenue of $10.1 billion. This represents a significant increase from the previous year's revenue of $9 billion. The company's gross profit for the same period was $4.7 billion, indicating a strong financial performance. Net income from stockholders was reported at $23 million, showing a decline from the previous year's net income of $389 million. Over the years, News Corp has established a solid balance sheet with substantial assets and equity. The company's total assets stand at $15.2 billion, while stockholders' equity is recorded at $8 billion. News Corp's financials also reveal a total debt of $6 billion, resulting in a net debt of $5.2 billion.

In terms of cash flow, News Corp has managed to generate positive cash flow from its operating activities. The company's operating cash flow for the most recent period was $939 million. This indicates that News Corp has been able to generate cash from its core business operations. The company's investing cash flow was reported at -$342 million, indicating that News Corp has made significant investments in its business. On the other hand, the company's financing cash flow was reported at -$637 million, which suggests that News Corp has made payments towards its debt and shareholder returns. News Corp's free cash flow, which represents the cash available for distribution to investors, was reported at $597 million. This indicates that the company has generated a healthy amount of cash after accounting for capital expenditures. Overall, News Corp's financials demonstrate a strong performance in terms of revenue generation, profitability, and cash flow management.