Sphere Entertainment Balance Sheet Health
Financial Health criteria checks 1/6
Sphere Entertainment has a total shareholder equity of $2.5B and total debt of $1.4B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are $4.9B and $2.4B respectively.
Key information
57.3%
Debt to equity ratio
US$1.41b
Debt
| Interest coverage ratio | n/a |
| Cash | US$614.55m |
| Equity | US$2.47b |
| Total liabilities | US$2.42b |
| Total assets | US$4.88b |
Recent financial health updates
Is Sphere Entertainment (NYSE:SPHR) Using Debt Sensibly?
Mar 05
Health Check: How Prudently Does Madison Square Garden Entertainment (NYSE:MSGE) Use Debt?
Oct 12Is Madison Square Garden Entertainment (NYSE:MSGE) Using Debt In A Risky Way?
Jun 17Madison Square Garden Entertainment (NYSE:MSGE) Is Carrying A Fair Bit Of Debt
Feb 19Is Madison Square Garden Entertainment (NYSE:MSGE) Weighed On By Its Debt Load?
Nov 02Recent updates
Estimating The Fair Value Of Sphere Entertainment Co. (NYSE:SPHR)
Apr 26The Sizzle Is Fading For Sphere Entertainment
Apr 22Is Sphere Entertainment (NYSE:SPHR) Using Debt Sensibly?
Mar 05Sphere Entertainment's (NYSE:SPHR) Attractive Earnings Are Not All Good News For Shareholders
Feb 12Sphere Entertainment: What To Consider Ahead Of Q2 2024 Earnings
Feb 01Is Now The Time To Look At Buying Sphere Entertainment Co. (NYSE:SPHR)?
Jan 13A Look At The Fair Value Of Sphere Entertainment Co. (NYSE:SPHR)
Dec 12Sphere Continues To Dazzle, Markets Continue To Underprice
Nov 21A Deep Dive Into Sphere's Unit Economics And Valuation
Oct 19Should You Investigate Sphere Entertainment Co. (NYSE:SPHR) At US$41.29?
Oct 03Sphere: A Social Media Sensation, A Stock With Something To Prove
Oct 02Sphere Entertainment: An Update On Our Initial Report (Rating Downgrade)
Aug 24A Look At The Intrinsic Value Of Sphere Entertainment Co. (NYSE:SPHR)
Aug 18Sphere Entertainment Spinoff Creating A Value Opportunity
Jun 23Sphere: Trading At A Substantial Discount To TBV
Jun 15Sphere Entertainment Co. (NYSE:SPHR) Shares Fly 28% But Investors Aren't Buying For Growth
Jun 14Madison Square Garden Entertainment: A Compelling Investment In Dynamic Entertainment
Feb 20Is Now An Opportune Moment To Examine Madison Square Garden Entertainment Corp. (NYSE:MSGE)?
Feb 14McIntyre Partnerships - Madison Square Garden: An Investor Black Box
Feb 04Calculating The Intrinsic Value Of Madison Square Garden Entertainment Corp. (NYSE:MSGE)
Jan 18Madison Square Garden Entertainment Q1 2023 Earnings Preview
Nov 08Health Check: How Prudently Does Madison Square Garden Entertainment (NYSE:MSGE) Use Debt?
Oct 12At US$57.12, Is Madison Square Garden Entertainment Corp. (NYSE:MSGE) Worth Looking At Closely?
Sep 14Estimating The Intrinsic Value Of Madison Square Garden Entertainment Corp. (NYSE:MSGE)
Aug 24MSG Entertainment stock rises aftermarket on potential spin-off
Aug 18Is Madison Square Garden Entertainment (NYSE:MSGE) Using Debt In A Risky Way?
Jun 17Madison Square Garden Entertainment (NYSE:MSGE) Is Carrying A Fair Bit Of Debt
Feb 19Madison Square Garden Entertainment Offers Unique Live Entertainment Experiences For Now And For The Future
Jan 15Is Madison Square Garden Entertainment (NYSE:MSGE) Weighed On By Its Debt Load?
Nov 02Financial Position Analysis
Short Term Liabilities: SPHR's short term assets ($878.6M) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: SPHR's short term assets ($878.6M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: SPHR's net debt to equity ratio (32.3%) is considered satisfactory.
Reducing Debt: SPHR's debt to equity ratio has increased from 3.1% to 57.3% over the past 5 years.
Debt Coverage: SPHR's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if SPHR's interest payments on its debt are well covered by EBIT.