Sphere Financial Statements From 2010 to 2024

Stocks . USA . 
Stock . Sphere Entertainment Co
SPHR Stock   41.05  0.10  0.24%   
Sphere Entertainment financial statements provide useful quarterly and yearly information to potential Sphere Entertainment Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Sphere Entertainment financial statements helps investors assess Sphere Entertainment's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Sphere Entertainment's valuation are summarized below:
Gross Profit
233.3 M
Profit Margin
(0.33)
Market Capitalization
1.4 B
Enterprise Value Revenue
2.1388
Revenue
1.1 B
There are over one hundred nineteen available fundamental trend indicators for Sphere Entertainment Co, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to double-check Sphere Entertainment's current fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction. As of 12/03/2024, Market Cap is likely to drop to about 1.1 B. In addition to that, Enterprise Value is likely to drop to about (44.1 M)

Sphere Entertainment Total Revenue

725.2 Million

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 145.1 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.

Sphere Entertainment Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets4.7 B4.8 B4 B
Slightly volatile
Other Current Liabilities600.5 M387.9 M567.9 M
Very volatile
Total Current Liabilities806.9 M1.4 B698.8 M
Slightly volatile
Total Stockholder Equity2 B2.4 B2.5 B
Slightly volatile
Property Plant And Equipment Net2.2 B3.3 B1.7 B
Slightly volatile
Accounts Payable23.8 M18.9 M19.2 M
Slightly volatile
Cash788.1 M573.2 M1.1 B
Slightly volatile
Non Current Assets Total3.2 B3.9 B2.6 B
Slightly volatile
Cash And Short Term Investments827.7 M573.2 M1.2 B
Slightly volatile
Net Receivables137.7 M241.5 M109.6 M
Slightly volatile
Good Will360.4 M470.2 M313 M
Slightly volatile
Common Stock Shares Outstanding31.7 M35.3 M27.6 M
Slightly volatile
Liabilities And Stockholders Equity4.6 B4.8 B3.9 B
Slightly volatile
Other Current Assets35.2 M37 M108 M
Pretty Stable
Other Stockholder Equity2.1 B2.4 B2.2 B
Pretty Stable
Total Liabilities1.9 B2.4 B1.3 B
Slightly volatile
Total Current Assets1 B865.7 M1.4 B
Slightly volatile
Intangible Assets30.3 M31.9 M178.3 M
Slightly volatile
Common Stock336.3 K354 K343.2 M
Very volatile
Short and Long Term Debt Total888.9 M1.5 B532.4 M
Slightly volatile
Non Current Liabilities Total1.2 B998.7 M828.4 M
Slightly volatile
Current Deferred Revenue104.5 M80.4 M168.9 M
Slightly volatile
Inventory11.3 M11.9 M70.1 M
Slightly volatile
Short Term Debt930.9 M886.5 M147.3 M
Slightly volatile
Long Term Debt741.1 M522.7 M344.8 M
Slightly volatile
Net Invested Capital3.6 B3.8 B3 B
Slightly volatile
Long Term Investments29.2 M30.7 M90.5 M
Very volatile
Short and Long Term Debt891.9 M849.4 M130.9 M
Slightly volatile
Capital Stock336.3 K354 K1.6 B
Slightly volatile
Non Current Liabilities Other104.3 M122.7 M76.6 M
Slightly volatile
Other Liabilities645.1 M538.6 M314.8 M
Slightly volatile
Net Tangible Assets1.5 B1.9 B2.3 B
Slightly volatile
Other Assets95.9 M101 M147.2 M
Slightly volatile
Capital Lease Obligations205 M146.6 M235.6 M
Very volatile
Deferred Long Term Liabilities198.4 K223.2 K243 K
Slightly volatile
Property Plant And Equipment Gross3.2 B3.6 B2.3 B
Slightly volatile
Property Plant Equipment2.7 B3.9 B2.2 B
Slightly volatile

Sphere Entertainment Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization145.1 M256.5 M123 M
Slightly volatile
Total Revenue725.2 M1 B964 M
Slightly volatile
Gross Profit407.5 M479.1 M375.3 M
Very volatile
Other Operating Expenses798.9 M1.4 B1.1 B
Slightly volatile
Cost Of Revenue428.8 M547.8 M596.2 M
Slightly volatile
Total Operating Expenses508.9 M820.3 M464.5 M
Slightly volatile
Interest Expense44.1 M79.9 M25.1 M
Slightly volatile
Selling General Administrative357.3 M355.5 M268.4 M
Slightly volatile
Selling And Marketing Expenses22.6 M25.3 M18.9 M
Slightly volatile
Interest Income27 M25.7 M23.9 M
Slightly volatile
Reconciled Depreciation135.8 M256.5 M116.8 M
Pretty Stable

Sphere Entertainment Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation47.9 M48 M37.5 M
Slightly volatile
Begin Period Cash Flow407.7 M429.1 M616.2 M
Slightly volatile
Depreciation137.6 M256.5 M118.4 M
Slightly volatile
End Period Cash Flow797.8 M573.2 M1.1 B
Slightly volatile
Net Borrowings178.9 M205 M111.5 M
Slightly volatile
Other Cashflows From Investing Activities384 M365.7 M95.4 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.981.19011.1031
Slightly volatile
Dividend Yield0.120.1280.0257
Slightly volatile
PTB Ratio0.340.50590.4044
Pretty Stable
Days Sales Outstanding45.7185.829845.6231
Slightly volatile
Book Value Per Share10268.4273102
Slightly volatile
Stock Based Compensation To Revenue0.04880.04680.0471
Slightly volatile
Capex To Depreciation0.981.0322.1717
Slightly volatile
PB Ratio0.340.50590.4044
Pretty Stable
Inventory Turnover48.3746.062727.0059
Slightly volatile
Days Of Inventory On Hand7.537.92468.7728
Slightly volatile
Payables Turnover33.5329.023845.032
Very volatile
Sales General And Administrative To Revenue0.330.34620.3391
Slightly volatile
Capex To Revenue0.480.25780.3755
Slightly volatile
Cash Per Share15.4316.238443.7679
Slightly volatile
Days Payables Outstanding13.8112.575913.5735
Slightly volatile
Intangibles To Total Assets0.140.10490.1279
Pretty Stable
Current Ratio0.60.63022.1303
Slightly volatile
Tangible Book Value Per Share81.7654.204183.2995
Slightly volatile
Receivables Turnover4.044.252610.8685
Slightly volatile
Graham Number71.093.547286.5403
Pretty Stable
Shareholders Equity Per Share97.6968.427394.6249
Slightly volatile
Debt To Equity0.60.57570.2211
Slightly volatile
Capex Per Share11.027.49848.7874
Slightly volatile
Revenue Per Share36.9429.089537.6289
Slightly volatile
Interest Debt Per Share43.7441.658516.4307
Slightly volatile
Debt To Assets0.30.29050.1061
Slightly volatile
Operating Cycle13093.7537115
Slightly volatile
Price Book Value Ratio0.340.50590.4044
Pretty Stable
Days Of Payables Outstanding13.8112.575913.5735
Slightly volatile
Company Equity Multiplier1.421.98211.6177
Slightly volatile
Long Term Debt To Capitalization0.140.17790.1156
Slightly volatile
Total Debt To Capitalization0.380.36540.1471
Slightly volatile
Debt Equity Ratio0.60.57570.2211
Slightly volatile
Quick Ratio0.590.62152.047
Slightly volatile
Cash Ratio0.40.41731.7451
Slightly volatile
Cash Conversion Cycle11681.1779101
Slightly volatile
Days Of Inventory Outstanding7.537.92468.7728
Slightly volatile
Days Of Sales Outstanding45.7185.829845.6231
Slightly volatile
Price To Book Ratio0.340.50590.4044
Pretty Stable
Fixed Asset Turnover0.610.31450.6907
Slightly volatile
Debt Ratio0.30.29050.1061
Slightly volatile
Price Sales Ratio0.981.19011.1031
Slightly volatile
Asset Turnover0.250.21450.2596
Slightly volatile
Gross Profit Margin0.330.46650.3827
Slightly volatile
Price Fair Value0.340.50590.4044
Pretty Stable

Sphere Entertainment Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.1 B1.1 B1 B
Slightly volatile

Sphere Fundamental Market Drivers

Forward Price Earnings28.4091
Cash And Short Term Investments573.2 M

Sphere Upcoming Events

8th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of August 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
30th of June 2023
Last Financial Announcement
View

About Sphere Entertainment Financial Statements

Sphere Entertainment shareholders use historical fundamental indicators, such as revenue or net income, 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
Current Deferred Revenue80.4 M104.5 M
Total Revenue1 B725.2 M
Cost Of Revenue547.8 M428.8 M
Stock Based Compensation To Revenue 0.05  0.05 
Sales General And Administrative To Revenue 0.35  0.33 
Capex To Revenue 0.26  0.48 
Revenue Per Share 29.09  36.94 
Ebit Per Revenue(0.33)(0.32)

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

  0.63DRCT Direct Digital HoldingsPairCorr

Moving against Sphere Stock

  0.49AMC AMC Entertainment Aggressive PushPairCorr
  0.44DIS Walt Disney Aggressive PushPairCorr
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.
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