Sphere Liabilities And Stockholders Equity from 2010 to 2025

SPHR Stock   42.29  0.09  0.21%   
Sphere Entertainment Liabilities And Stockholders Equity yearly trend continues to be relatively stable with very little volatility. Liabilities And Stockholders Equity is likely to drop to about 4.6 B. Liabilities And Stockholders Equity is the total of all liabilities and equity in the company, which should equal Sphere Entertainment's total assets according to the accounting equation. View All Fundamentals
 
Liabilities And Stockholders Equity  
First Reported
2015-03-31
Previous Quarter
4.8 B
Current Value
4.6 B
Quarterly Volatility
B
 
Yuan Drop
 
Covid
Check Sphere Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 309.7 M, Total Revenue of 725.2 M or Gross Profit of 407.5 M, as well as many indicators such as Price To Sales Ratio of 0.98, Dividend Yield of 0.12 or PTB Ratio of 0.34. Sphere financial statements analysis is a perfect complement when working with Sphere Entertainment Valuation or Volatility modules.
  
Check out the analysis of Sphere Entertainment Correlation against competitors.

Latest Sphere Entertainment's Liabilities And Stockholders Equity Growth Pattern

Below is the plot of the Liabilities And Stockholders Equity of Sphere Entertainment Co over the last few years. It is the total of all liabilities and equity in the company, which should equal the company's total assets according to the accounting equation. Sphere Entertainment's Liabilities And Stockholders Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sphere Entertainment's overall financial position and show how it may be relating to other accounts over time.
Liabilities And Stockholders Equity10 Years Trend
Slightly volatile
   Liabilities And Stockholders Equity   
       Timeline  

Sphere Liabilities And Stockholders Equity Regression Statistics

Arithmetic Mean3,997,449,952
Geometric Mean3,901,264,740
Coefficient Of Variation23.43
Mean Deviation839,657,065
Median3,712,753,000
Standard Deviation936,717,943
Sample Variance877440.5T
Range2.3B
R-Value0.83
Mean Square Error287539.2T
R-Squared0.69
Significance0.000061
Slope163,923,037
Total Sum of Squares13161607.6T

Sphere Liabilities And Stockholders Equity History

20254.6 B
20245.5 B
20234.8 B
2022B
20215.5 B
20205.3 B
20193.7 B

About Sphere Entertainment Financial Statements

Sphere Entertainment shareholders use historical fundamental indicators, such as Liabilities And Stockholders Equity, to determine how well the company is positioned to perform in the future. Although Sphere Entertainment investors may analyze each financial statement separately, they are all interrelated. The changes in Sphere Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sphere Entertainment's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Liabilities And Stockholders Equity5.5 B4.6 B

Pair Trading with Sphere Entertainment

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sphere Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sphere Entertainment will appreciate offsetting losses from the drop in the long position's value.

Moving together with Sphere Stock

  0.63FWONA Liberty MediaPairCorr

Moving against Sphere Stock

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  0.35CHTR Charter CommunicationsPairCorr
The ability to find closely correlated positions to Sphere Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sphere Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sphere Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sphere Entertainment Co to buy it.
The correlation of Sphere Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sphere Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sphere Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sphere Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Sphere Stock Analysis

When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.