Sphere Entertainment Co. (SPHR) — Defensive Interval Ratio

Latest as of June 2026: 102 days

Sphere Entertainment Co. (SPHR) has a Defensive Interval Ratio of 102 days as of June 2026. Defensive assets of $206.93 Million (cash $-, short-term investments $-, receivables $206.93 Million) cover 102 days of daily cash needs of $2.04 Million/day.

Defensive Interval Ratio

102 days
Days of operational coverage

Defensive Assets

$206.93 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.04 Million
Current Liabilities ÷ 365

Current Liabilities

$743.37 Million
USD

Sphere Entertainment Co. Defensive Interval Ratio (2016–2026)

This chart shows how Sphere Entertainment Co.'s Defensive Interval Ratio has evolved across 11 annual periods from 2016 to 2026. As of June 2026, the ratio stands at 102 days, meaning defensive assets of $206.93 Million can fund 102 days of operations without new revenue. For the complete balance sheet picture, see SPHR total asset value.

Annual Defensive Interval Ratio for Sphere Entertainment Co. (2016–2026)

The table below presents the year-by-year Defensive Interval Ratio for Sphere Entertainment Co. from 2016 to 2026, covering 11 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See SPHR working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2026 102 days $206.93 Million $2.04 Million/day $- $- ▲ +54 days
2025 48 days $180.35 Million $3.76 Million/day $- $- ▼ -16 days
2024 64 days $241.47 Million $3.76 Million/day $- $- ▼ -20 days
2023 84 days $160.17 Million $1.90 Million/day $- $- ▲ +36 days
2022 48 days $126.36 Million $2.63 Million/day $- $- ▼ -60 days
2021 108 days $216.53 Million $2.00 Million/day $- $0.00 ▼ -193 days
2020 302 days $421.29 Million $1.40 Million/day $- $337.19 Million ▲ +149 days
2019 152 days $198.06 Million $1.30 Million/day $- $108.42 Million ▲ +90 days
2018 62 days $82.42 Million $1.33 Million/day $- $- ▲ +13 days
2017 49 days $102.08 Million $2.09 Million/day $- $- ▲ +4 days
2016 45 days $76.00 Million $1.68 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)