Sphere Entertainment Co. - Asset Resilience Ratio
Sphere Entertainment Co. (SPHR) has an Asset Resilience Ratio of 1.08% as of September 2020. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. See how liquid is Sphere Entertainment Co.'s working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2021)
This chart shows how Sphere Entertainment Co.'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Sphere Entertainment Co. assets under control.
Liquid Assets Composition Over Time
This chart breaks down Sphere Entertainment Co.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Sphere Entertainment Co. long-term investment allocation to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $38.89 Million | 1.08% |
| Total Liquid Assets | $38.89 Million | 1.08% |
Asset Resilience Insights
- Limited Liquidity: Sphere Entertainment Co. maintains only 1.08% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Sphere Entertainment Co. Industry Peers by Asset Resilience Ratio
Compare Sphere Entertainment Co.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
UNIV.MUSIC GRP.ADR/050
F:0VD0 |
Entertainment | 0.25% |
|
Netflix Inc
NASDAQ:NFLX |
Entertainment | 6.93% |
|
HYBE Co. Ltd
KO:352820 |
Entertainment | 21.19% |
|
Cinemark Holdings Inc
NYSE:CNK |
Entertainment | 7.77% |
|
Shanghai Film Co Ltd
SHG:601595 |
Entertainment | 3.87% |
|
Nine Entertainment Co. Holdings Ltd
AU:NEC |
Entertainment | 0.00% |
|
Beijing Hualu Baina Film TV
SHE:300291 |
Entertainment | 21.16% |
|
China Television Media Ltd
SHG:600088 |
Entertainment | 18.83% |
Annual Asset Resilience Ratio for Sphere Entertainment Co. (2019–2021)
The table below shows the annual Asset Resilience Ratio data for Sphere Entertainment Co..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-06-30 | 0.00% | $0.00 | $5.29 Billion | -- |
| 2020-06-30 | 9.03% | $337.19 Million | $3.73 Billion | +5.76pp |
| 2019-06-30 | 3.27% | $108.42 Million | $3.32 Billion | -- |
About Sphere Entertainment Co.
Sphere Entertainment Co. operates as a live entertainment and media company in the United States. It operates through two segments, Sphere and MSG Networks. The Sphere segment offers entertainment medium powered by technologies to create multi-sensory experiences. The MSG Networks segment provides regional sports and entertainment networks; direct-to-consumer and authenticated streaming products,… Read more