Madison Square Garden Entertainment Balance Sheet Health
Financial Health criteria checks 0/6
Madison Square Garden Entertainment has a total shareholder equity of $-48.7M and total debt of $667.3M, which brings its debt-to-equity ratio to -1370.3%. Its total assets and total liabilities are $1.6B and $1.7B respectively. Madison Square Garden Entertainment's EBIT is $127.1M making its interest coverage ratio 2.3. It has cash and short-term investments of $37.3M.
Key information
-1,370.3%
Debt to equity ratio
US$667.29m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$37.31m |
| Equity | -US$48.70m |
| Total liabilities | US$1.66b |
| Total assets | US$1.61b |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Madison Square Garden Entertainment Corp. (NYSE:MSGE)
Dec 11
Madison Square Garden Entertainment (NYSE:MSGE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 16Madison Square Garden Entertainment: Medium-Term Outlook Remains Positive
Nov 15We Like These Underlying Return On Capital Trends At Madison Square Garden Entertainment (NYSE:MSGE)
Nov 04Is Now The Time To Put Madison Square Garden Entertainment (NYSE:MSGE) On Your Watchlist?
Oct 14Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) Business And Shares Still Trailing The Market
Sep 17Madison Square Garden Entertainment: Demand Remains Robust
Aug 23Returns On Capital Are Showing Encouraging Signs At Madison Square Garden Entertainment (NYSE:MSGE)
Aug 05Madison Square Garden Entertainment Corp. (NYSE:MSGE) Shares Could Be 38% Below Their Intrinsic Value Estimate
Jul 12Madison Square Garden Entertainment: Ride On The Rising Demand For Live Events
Jun 21Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/E Is On The Mark
May 10Here's Why We Think Madison Square Garden Entertainment (NYSE:MSGE) Is Well Worth Watching
Apr 16Madison Square Garden Entertainment: Strong Visibility Into FY24/25 Growth
Apr 09Pinning Down Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/S Is Difficult Right Now
Feb 09Are Investors Undervaluing Madison Square Garden Entertainment Corp. (NYSE:MSGE) By 29%?
Jan 04Madison Square Garden Entertainment: Trophy Live Entertainment Infrastructure
Dec 22Analyst Estimates: Here's What Brokers Think Of Madison Square Garden Entertainment Corp. (NYSE:MSGE) After Its First-Quarter Report
Nov 10Madison Square Garden Entertainment: Should Grow As Guided, And Experience Long-Term Secular Tailwinds
Oct 19What Madison Square Garden Entertainment Corp.'s (NYSE:MSGE) P/S Is Not Telling You
Oct 18Is Madison Square Garden Entertainment Corp. (NYSE:MSGE) Trading At A 43% Discount?
Aug 16Madison Square Garden Entertainment: A Fairly Valued Pure Entertainment Play
Aug 09McIntyre Partnerships - Madison Square Garden: Could Double In The Next Five Years
Jun 21Financial Position Analysis
Short Term Liabilities: MSGE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MSGE 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: MSGE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MSGE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MSGE's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: MSGE's interest payments on its debt are not well covered by EBIT (2.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:56 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Madison Square Garden Entertainment Corp. is covered by 9 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Peter Henderson | BofA Global Research |
| Stephen Laszczyk | Goldman Sachs |
| Curry Baker | Guggenheim Securities, LLC |