Sphere Entertainment Financials

SPHR Stock   41.15  0.93  2.31%   
Based on the key indicators related to Sphere Entertainment's liquidity, profitability, solvency, and operating efficiency, Sphere Entertainment Co is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, Sphere Entertainment's Total Current Assets are relatively stable compared to the past year. As of 11/30/2024, Non Current Liabilities Total is likely to grow to about 1.2 B, while Total Current Liabilities is likely to drop slightly above 806.9 M. Key indicators impacting Sphere Entertainment's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.60.5757
Sufficiently Up
Slightly volatile
Current Ratio0.60.6302
Notably Down
Slightly volatile
The essential information of the day-to-day investment outlook for Sphere Entertainment includes many different criteria found on its balance sheet. An individual investor should monitor Sphere Entertainment's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Sphere Entertainment.

Net Income

(190.62 Million)

  
Understanding current and past Sphere Entertainment Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sphere Entertainment's financial statements are interrelated, with each one affecting the others. For example, an increase in Sphere Entertainment's assets may result in an increase in income on the income statement.

Sphere Entertainment Stock Summary

Sphere Entertainment competes with JD Sports, Sun Country, SFL, Sabre Corpo, and Delek Logistics. Sphere Entertainment is entity of United States. It is traded as Stock on NYSE exchange.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CUSIP55826T102
LocationNew York; U.S.A
Business AddressTwo Pennsylvania Plaza,
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.sphereentertainmentco.com
Phone725 258 0001

Sphere Entertainment Key Financial Ratios

Sphere Entertainment Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets3.7B5.3B5.5B5.0B4.8B4.7B
Other Current Liab244.6M601.9M882.2M965.8M387.9M600.5M
Net Debt(645.4M)494.6M339.2M1.2B959.0M1.0B
Retained Earnings142.3M(96.3M)(290.7M)212.0M11.4M12.0M
Accounts Payable17.3M26.6M2.0M39.7M18.9M23.8M
Cash906.6M1.5B747.3M132.0M573.2M788.1M
Net Receivables80.2M196.6M126.4M138.7M241.5M137.7M
Other Current Assets22.6M149.6M345.0M353.2M37.0M35.2M
Total Liab844.8M3.0B3.4B2.4B2.4B1.9B
Total Current Assets1.4B1.9B1.2B623.9M865.7M1.0B
Intangible Assets214.2M262.1M21.0M17.9M31.9M30.3M
Common Stock240K340K342K347K354K336.3K
Inventory79.9M101.4M339.1M327.1M11.9M11.3M
Short Term Debt58.8M127.4M72.6M92.6M886.5M930.9M
Long Term Debt28.1M655.1M1.7B1.1B522.7M741.1M
Net Invested Capital2.9B3.1B3.7B3.8B3.8B3.6B
Short Long Term Debt5.4M5.7M73.8M82.5M849.4M891.9M
Capital Stock240K241K342K347K354K336.3K
Net Working Capital916.5M759.3M262.2M(68.2M)(508.0M)(482.6M)

Sphere Entertainment Key Income Statement Accounts

The reason investors look at the income statement is to determine what Sphere Entertainment's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Total Revenue1.4B647.5M610.1M573.8M1.0B725.2M
Gross Profit645.5M384.7M289.8M231.6M479.1M407.5M
Operating Income235.2M64.5M(165.7M)(273.0M)(341.2M)(324.2M)
Ebit122.4M71.7M(167.7M)275.4M(259.9M)(246.9M)
Ebitda227.3M193.7M(16.4M)405.6M(3.4M)(3.3M)
Cost Of Revenue790.5M262.9M320.3M342.2M547.8M428.8M
Income Before Tax251.5M43.5M(167.7M)275.4M(360.2M)(342.2M)
Net Income181.7M(148.2M)(194.4M)502.8M(200.6M)(190.6M)
Income Tax Expense101.7M38.9M(29.8M)103.4M(135.6M)(128.8M)
Interest Expense36.6M20.2M48.5M116.0M79.9M44.1M
Tax Provision5.0M(9.4M)(25.8M)103.4M(135.6M)(128.8M)
Net Interest Income15.7M(33.8M)(22.9M)11.6M(54.2M)(51.5M)
Interest Income18.0M1.3M4.2M11.6M25.7M27.0M

Sphere Entertainment Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(167.8M)267.4M(694.0M)(416.9M)144.1M151.3M
Free Cash Flow(356.4M)(741.6M)(663.9M)(905.4M)(309.4M)(324.9M)
Depreciation104.9M114.7M124.6M103.4M256.5M137.6M
Other Non Cash Items(9.8M)(34.3M)97.8M(742.2M)168.5M177.0M
Capital Expenditures452.4M452.2M805.2M1.1B264.7M422.4M
Net Income(14.7M)(430.5M)(190.1M)505.7M(200.6M)(190.6M)
End Period Cash Flow924.3M1.2B846.0M429.1M573.2M797.8M
Change To Inventory(26.0M)12.9M42.6M(117.3M)(105.6M)(100.3M)
Investments(389.7M)(84.4M)(804.2M)203.1M(45.2M)(47.4M)

Sphere Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Sphere Entertainment's current stock value. Our valuation model uses many indicators to compare Sphere Entertainment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sphere Entertainment competition to find correlations between indicators driving Sphere Entertainment's intrinsic value. More Info.
Sphere Entertainment Co is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . At this time, Sphere Entertainment's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Sphere Entertainment by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Sphere Entertainment Systematic Risk

Sphere Entertainment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sphere Entertainment volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Sphere Entertainment correlated with the market. If Beta is less than 0 Sphere Entertainment generally moves in the opposite direction as compared to the market. If Sphere Entertainment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sphere Entertainment is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sphere Entertainment is generally in the same direction as the market. If Beta > 1 Sphere Entertainment moves generally in the same direction as, but more than the movement of the benchmark.

Sphere Entertainment Thematic Clasifications

Sphere Entertainment Co is part of several thematic ideas from Entertainment to Communication Services. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Sphere Entertainment Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Sphere Entertainment's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Sphere Entertainment growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.046

At this time, Sphere Entertainment's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Sphere Entertainment November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Sphere Entertainment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sphere Entertainment Co. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sphere Entertainment Co based on widely used predictive technical indicators. In general, we focus on analyzing Sphere Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sphere Entertainment's daily price indicators and compare them against related drivers.

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.