Madison Square Garden Sports Balance Sheet Health
Financial Health criteria checks 2/6
Madison Square Garden Sports has a total shareholder equity of $-277.5M and total debt of $305.0M, which brings its debt-to-equity ratio to -109.9%. Its total assets and total liabilities are $1.4B and $1.7B respectively. Madison Square Garden Sports's EBIT is $152.2M making its interest coverage ratio 6.5. It has cash and short-term investments of $52.3M.
Key information
-109.9%
Debt to equity ratio
US$305.00m
Debt
| Interest coverage ratio | 6.5x |
| Cash | US$52.25m |
| Equity | -US$277.53m |
| Total liabilities | US$1.65b |
| Total assets | US$1.37b |
Recent financial health updates
No updates
Recent updates
Madison Square Garden Sports Corp.'s (NYSE:MSGS) Share Price Not Quite Adding Up
Nov 19
Does Madison Square Garden Sports (NYSE:MSGS) Deserve A Spot On Your Watchlist?
Oct 01Madison Square Garden Sports: A Fine Balancing Act For More Growth
Jun 19There's Reason For Concern Over Madison Square Garden Sports Corp.'s (NYSE:MSGS) Price
Jun 14Madison Square Garden Sports: Highly Susceptible To Multiple Contraction
May 30Madison Square Garden Sports Corp. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 09Pinning 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 17Madison Square Garden Sports: Patience Required But Downside Protected
Jun 30Madison 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 04Madison Square Garden FQ2 2021 Earnings Preview
Feb 02Financial 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 well covered by operating cash flow (39.4%).
Interest Coverage: MSGS's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 08:07 |
| 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 Sports Corp. is covered by 25 analysts. 6 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 |
|---|---|
| Richard Tullo | Albert Fried & Company, LLC |
| Ishan Majumdar | Baptista Research |
| David Joyce | Barclays |