Sphere Historical Financial Ratios
| SPHR Stock | 43.80 1.42 3.35% |
Sphere Entertainment is promptly reporting on over 94 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 102, Invested Capital of 0.0, Average Payables of 0.0 or Stock Based Compensation To Revenue of 0.0488 will help investors to properly organize and evaluate Sphere Entertainment financial condition quickly.
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About Sphere Financial Ratios Analysis
Sphere EntertainmentFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Sphere Entertainment investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Sphere financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Sphere Entertainment history.
Sphere Entertainment Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Sphere Entertainment stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Sphere Entertainment sales, a figure that is much harder to manipulate than other Sphere Entertainment Co multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Sphere Entertainment Co dividend as a percentage of Sphere Entertainment stock price. Sphere Entertainment dividend yield is a measure of Sphere Entertainment stock productivity, which can be interpreted as interest rate earned on an Sphere Entertainment investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Sphere Entertainment's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Sphere Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sphere Entertainment Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. At this time, Sphere Entertainment's Days Payables Outstanding is relatively stable compared to the past year. As of 02/26/2025, Income Quality is likely to grow to 0.11, while PTB Ratio is likely to drop 0.34.
| 2022 | 2024 (projected) | Dividend Yield | 0.13 | 0.12 | Price To Sales Ratio | 1.65 | 1.07 |
Sphere Entertainment fundamentals Correlations
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Sphere Entertainment Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Sphere Entertainment fundamentals Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Price To Sales Ratio | 2.04 | 1.36 | 1.65 | 1.19 | 1.07 | 0.98 | |
| Ptb Ratio | 0.61 | 0.42 | 0.37 | 0.51 | 0.46 | 0.34 | |
| Days Sales Outstanding | 110.82 | 75.6 | 88.23 | 85.83 | 77.25 | 45.71 | |
| Book Value Per Share | 68.03 | 63.04 | 74.57 | 68.43 | 78.69 | 102.12 | |
| Free Cash Flow Yield | (0.39) | (0.74) | (0.95) | (0.25) | (0.29) | (0.31) | |
| Operating Cash Flow Per Share | (1.72) | 4.13 | 4.43 | (0.56) | (0.64) | (0.61) | |
| Stock Based Compensation To Revenue | 0.0428 | 0.11 | 0.13 | 0.0468 | 0.0421 | 0.0488 | |
| Capex To Depreciation | 3.74 | 6.07 | 10.24 | 1.03 | 0.93 | 0.88 | |
| Pb Ratio | 0.61 | 0.42 | 0.37 | 0.51 | 0.46 | 0.34 | |
| Ev To Sales | 2.81 | 1.92 | 3.73 | 2.12 | 1.91 | 2.01 | |
| Free Cash Flow Per Share | (15.1) | (17.96) | (26.13) | (8.76) | (10.08) | (10.58) | |
| Roic | 0.001462 | (0.0294) | (0.039) | (0.0495) | (0.0569) | (0.0541) | |
| Inventory Turnover | 2.59 | 0.94 | 1.05 | 46.06 | 52.97 | 55.62 | |
| Net Income Per Share | (4.35) | (5.67) | 14.51 | (5.68) | (5.12) | (4.86) | |
| Days Of Inventory On Hand | 140.85 | 386.47 | 348.91 | 7.92 | 7.13 | 6.78 | |
| Payables Turnover | 9.87 | 159.03 | 8.63 | 29.02 | 26.12 | 33.53 | |
| Sales General And Administrative To Revenue | 0.42 | 0.65 | 0.76 | 0.35 | 0.31 | 0.33 | |
| Capex To Revenue | 0.7 | 1.24 | 1.85 | 0.26 | 0.23 | 0.22 | |
| Cash Per Share | 44.52 | 21.82 | 3.81 | 15.86 | 18.24 | 17.32 | |
| Pocfratio | (22.52) | 5.89 | 6.18 | (62.17) | (71.49) | (67.92) | |
| Interest Coverage | 3.19 | (3.42) | (2.35) | (4.27) | (3.85) | (4.04) | |
| Capex To Operating Cash Flow | (7.77) | 5.35 | 6.89 | (13.47) | (15.49) | (14.71) | |
| Pfcf Ratio | (2.57) | (1.35) | (1.05) | (3.95) | (4.54) | (4.77) | |
| Days Payables Outstanding | 37.0 | 2.3 | 42.29 | 12.58 | 11.32 | 13.81 | |
| Income Quality | 2.06 | 0.35 | (0.74) | 0.3 | 0.098 | 0.11 | |
| Roe | (0.0683) | (0.099) | 0.19 | (0.0831) | (0.0748) | (0.071) | |
| Ev To Operating Cash Flow | (30.95) | 8.29 | 13.92 | (110.95) | (127.6) | (121.22) | |
| Pe Ratio | (8.92) | (4.28) | 1.89 | (6.09) | (7.0) | (6.65) | |
| Return On Tangible Assets | (0.0327) | (0.0385) | 0.11 | (0.0468) | (0.0421) | (0.04) | |
| Ev To Free Cash Flow | (3.53) | (1.9) | (2.36) | (7.05) | (8.11) | (7.7) | |
| Net Debt To E B I T D A | 2.55 | (20.71) | 2.93 | (279.1) | (320.96) | (304.92) | |
| Current Ratio | 2.57 | 1.27 | 0.9 | 0.63 | 0.72 | 0.69 | |
| Tangible Book Value Per Share | 45.6 | 49.09 | 60.87 | 54.2 | 62.33 | 81.76 | |
| Receivables Turnover | 3.29 | 4.83 | 4.14 | 4.25 | 4.89 | 4.65 | |
| Graham Number | 78.9 | 85.54 | 156.03 | 93.55 | 84.19 | 71.0 | |
| Shareholders Equity Per Share | 63.64 | 57.31 | 74.57 | 68.43 | 78.69 | 97.69 | |
| Debt To Equity | 0.93 | 0.55 | 0.51 | 0.63 | 0.57 | 0.59 |
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
Moving against Sphere Stock
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| 0.35 | CHTR | Charter Communications | PairCorr |
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.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.