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-K - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 69.3 % -22.9%
Debt-to-equity 94.8 % -38.9%
Return On Equity -8.06 % -134%
Return On Assets -4.14 % -146%
Operating Margin -33.2 % +30.2%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 920M USD -22%
Weighted Average Number of Shares Outstanding, Basic 35.3M shares +1.88%
Weighted Average Number of Shares Outstanding, Diluted 35.3M shares +1.07%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.03B USD +79%
Revenue from Contract with Customer, Excluding Assessed Tax 1.02B USD +79.2%
Operating Income (Loss) -341M USD -25%
Nonoperating Income (Expense) -113M USD -513%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -98.2M USD +37.1%
Income Tax Expense (Benefit) -10.2M USD -169%
Net Income (Loss) Attributable to Parent -201M USD -140%
Earnings Per Share, Basic -5.68 USD/shares -139%
Earnings Per Share, Diluted -5.68 USD/shares -139%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 615M USD +42.2%
Accounts Receivable, after Allowance for Credit Loss, Current 214M USD -14.5%
Inventory, Net 11.9M USD
Other Assets, Current 6.14M USD +31.8%
Assets, Current 866M USD +38.8%
Property, Plant and Equipment, Net 3.16B USD -4.5%
Operating Lease, Right-of-Use Asset 106M USD +25.4%
Intangible Assets, Net (Excluding Goodwill) 82.5M USD
Goodwill 470M USD +2.92%
Other Assets, Noncurrent 124M USD +43.6%
Assets 4.79B USD -3.72%
Accounts Payable, Current 18.9M USD -52.4%
Employee-related Liabilities, Current 85.8M USD +13.5%
Accrued Liabilities, Current 138M USD
Contract with Customer, Liability, Current 80.4M USD +194%
Liabilities, Current 1.37B USD +98.5%
Deferred Income Tax Liabilities, Net 225M USD -40.7%
Operating Lease, Liability, Noncurrent 128M USD +16.1%
Other Liabilities, Noncurrent 123M USD +38.2%
Liabilities 2.37B USD -0.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.57M USD -33%
Retained Earnings (Accumulated Deficit) 11.4M USD -94.6%
Stockholders' Equity Attributable to Parent 2.42B USD -6.51%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2.42B USD -6.51%
Liabilities and Equity 4.79B USD -3.72%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -94.6M USD -16.6%
Net Cash Provided by (Used in) Financing Activities 50.9M USD
Net Cash Provided by (Used in) Investing Activities 66.5M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 22.6M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 573M USD +33.6%
Deferred Tax Assets, Valuation Allowance 29.2M USD -2.6%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 301M USD +224%
Operating Lease, Liability 147M USD +21.8%
Depreciation 22.2M USD +14.8%
Payments to Acquire Property, Plant, and Equipment 290M USD +64.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -202M USD -140%
Lessee, Operating Lease, Liability, to be Paid 206M USD +11.6%
Property, Plant and Equipment, Gross 3.49B USD +2.84%
Operating Lease, Liability, Current 18.5M USD +83.2%
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) -91.6M USD -9150%
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 3.79M USD +21.6%
Depreciation, Depletion and Amortization 14.3M USD -52.1%
Deferred Tax Assets, Net of Valuation Allowance 272M USD +192%
Share-based Payment Arrangement, Expense 1.17M USD -84.2%
Interest Expense 12.8M USD -53.1%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%