Advertisement
UK markets close in 5 hours 38 minutes
  • FTSE 100

    8,052.40
    +28.53 (+0.36%)
     
  • FTSE 250

    19,687.23
    +87.84 (+0.45%)
     
  • AIM

    752.53
    +3.35 (+0.45%)
     
  • GBP/EUR

    1.1594
    +0.0005 (+0.04%)
     
  • GBP/USD

    1.2357
    +0.0006 (+0.05%)
     
  • Bitcoin GBP

    53,535.38
    +202.10 (+0.38%)
     
  • CMC Crypto 200

    1,421.91
    +7.15 (+0.50%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    82.19
    +0.29 (+0.35%)
     
  • GOLD FUTURES

    2,311.90
    -34.50 (-1.47%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    17,997.70
    +136.90 (+0.77%)
     
  • CAC 40

    8,069.95
    +29.59 (+0.37%)
     

Less Borrowing for 21st Century Fox: Less Impact on Leverage

Less Borrowing for 21st Century Fox: Less Impact on Leverage

Twenty-First Century Fox (FOXA) (or Fox) has been decreasing its borrowings in the last five years. It raised its debt $918 million in fiscal 2017, a 28% YoY (year-over-year) fall, which clearly indicates that Fox has changed its policy of raising its debt in the last year. The proposed merger agreement with The Walt Disney Company (DIS) could be the reason for such a decline in borrowing.