Madison Square Garden Sports Balance Sheet Health
Financial Health criteria checks 1/6
Madison Square Garden Sports has a total shareholder equity of $-294.0M and total debt of $360.0M, which brings its debt-to-equity ratio to -122.5%. Its total assets and total liabilities are $1.4B and $1.7B respectively. Madison Square Garden Sports's EBIT is $81.2M making its interest coverage ratio 3.2. It has cash and short-term investments of $40.0M.
Key information
-122.5%
Debt to equity ratio
US$360.00m
Debt
| Interest coverage ratio | 3.2x |
| Cash | US$40.03m |
| Equity | -US$293.95m |
| Total liabilities | US$1.68b |
| Total assets | US$1.39b |
Recent financial health updates
No updates
Recent updates
Madison Square Garden Sports Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 09
Pinning Down Madison Square Garden Sports Corp.'s (NYSE:MSGS) P/S Is Difficult Right Now
Jan 25Madison Square Garden Sports: Quarterly Double-Digit Net Sales Growth, And Not Expensive
Nov 15Madison Square Garden Sports For The Win
Aug 15Madison Square Garden FQ2 2023 Earnings Preview
Feb 06Madison Square Garden Sports: Recent Comparable Transaction Supports Bull Case
Dec 30Madison Square Garden GAAP EPS of -$0.73 beats by $0.49, revenue of $24.09M beats by $4.11M
Oct 27East 72 Holdings - Madison Square Garden Sports: A US Sports Team We Hold
Oct 21Madison Square Garden declares $7.00 dividend
Oct 06MSG Sports CEO Lustgarten to leave post for board seat
Sep 09MSG knocks down reports that Knicks, Rangers sales are near
Aug 17Are Investors Undervaluing Madison Square Garden Sports Corp. (NYSE:MSGS) By 24%?
Aug 04Madison Square Garden Sports: Patience Required But Downside Protected
Jun 30We Think That There Are Issues Underlying Madison Square Garden Sports' (NYSE:MSGS) Earnings
Feb 10Madison Square Garden Sports: Compelling Opportunity As Asset Values Increase And Share Price Declines
Dec 30Madison Square Garden Sports: Buy A Dollar For 50 Cents
Aug 28Madison Square Garden Q3 2021 Earnings Preview
May 04Lawrence Burian Is The Executive VP of Corporate Development & General Counsel of Madison Square Garden Sports Corp. (NYSE:MSGS) And They Just Sold 35% Of Their Shares
Mar 06Madison Square Garden FQ2 2021 Earnings Preview
Feb 02Madison Square Garden Sports Corp. (NYSE:MSGS) Insiders Have Been Selling
Jan 04
Financial Position Analysis
Short Term Liabilities: MSGS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MSGS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MSGS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MSGS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MSGS's debt is not well covered by operating cash flow (6%).
Interest Coverage: MSGS's interest payments on its debt are well covered by EBIT (3.2x coverage).