Sphere Entertainment Co. financial data

Symbol
SPHR on NYSE
Industry
Services-Amusement & Recreation Services
Location
Two Pennsylvania Plaza, New York, NY
Fiscal year end
June 30
Former names
Madison Square Garden Entertainment Corp. (to 4/17/2023), MSG ENTERTAINMENT SPINCO, INC. (to 4/16/2020)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 61.9 % -32.7%
Quick Ratio 0.52 %
Debt-to-equity 98.5 % -24.9%
Return On Equity -8.06 % -134%
Return On Assets -7.78 % -169%
Operating Margin -34.2 % +33.3%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 920M USD -22%
Weighted Average Number of Shares Outstanding, Basic 35.7M shares +2.15%
Weighted Average Number of Shares Outstanding, Diluted 35.7M shares +1.24%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.14B USD +99.9%
Revenue from Contract with Customer, Excluding Assessed Tax 1.13B USD +100%
Operating Income (Loss) -389M USD -33.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -138M USD -496%
Income Tax Expense (Benefit) -33M USD +63.5%
Net Income (Loss) Attributable to Parent -372M USD -161%
Earnings Per Share, Basic -10.5 USD/shares -159%
Earnings Per Share, Diluted -10.5 USD/shares -160%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 540M USD +24.5%
Inventory, Net 14.1M USD
Other Assets, Current 15.1M USD +203%
Assets, Current 736M USD +9.2%
Property, Plant and Equipment, Net 3.09B USD -10.9%
Operating Lease, Right-of-Use Asset 103M USD +14.7%
Goodwill 470M USD +2.92%
Other Assets, Noncurrent 129M USD +23.4%
Assets 4.59B USD -5.59%
Accounts Payable, Current 35.4M USD +83.5%
Employee-related Liabilities, Current 26M USD -39.3%
Contract with Customer, Liability, Current 83.5M USD +17.8%
Liabilities, Current 1.32B USD +105%
Deferred Income Tax Liabilities, Net 193M USD -32.6%
Operating Lease, Liability, Noncurrent 125M USD +11.8%
Other Liabilities, Noncurrent 122M USD +35.7%
Liabilities 2.28B USD +2.23%
Accumulated Other Comprehensive Income (Loss), Net of Tax -4.06M USD +63.1%
Retained Earnings (Accumulated Deficit) -93.9M USD -134%
Stockholders' Equity Attributable to Parent 2.31B USD -12.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.42B USD -6.51%
Liabilities and Equity 4.59B USD -5.59%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 34.1M USD
Net Cash Provided by (Used in) Financing Activities -35.6M USD -170%
Net Cash Provided by (Used in) Investing Activities -19.6M USD -129%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -20M USD -188%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 553M USD +22.5%
Deferred Tax Assets, Valuation Allowance 29.2M USD -2.6%
Deferred Tax Assets, Gross 301M USD +224%
Operating Lease, Liability 147M USD +21.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -365M USD -158%
Lessee, Operating Lease, Liability, to be Paid 206M USD +11.6%
Property, Plant and Equipment, Gross 3.5B USD -1.92%
Operating Lease, Liability, Current 20.8M USD +58.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 19.4M USD +13.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 19.6M USD +86.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure +18.6%
Deferred Income Tax Expense (Benefit) -33.5M USD +63.4%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 59.5M USD -7.51%
Lessee, Operating Lease, Liability, to be Paid, Year Three 15.9M USD +8.25%
Deferred Tax Assets, Operating Loss Carryforwards 230M USD +762%
Preferred Stock, Shares Authorized 15M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 16M USD +40.7%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 4.81M USD +54.3%
Depreciation, Depletion and Amortization 81.9M USD +474%
Deferred Tax Assets, Net of Valuation Allowance 272M USD +192%
Share-based Payment Arrangement, Expense 1.17M USD -84.2%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%