Madison Square Garden Sports Corp (MSGS) - Net Assets
Based on the latest financial reports, Madison Square Garden Sports Corp (MSGS) has net assets worth $-294.18 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.52 Billion) and total liabilities ($1.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check MSGS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-294.18 Million |
| % of Total Assets | -19.39% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -110.88% |
| Growth Volatility | 59.38 |
Madison Square Garden Sports Corp - Net Assets Trend (2013–2025)
This chart illustrates how Madison Square Garden Sports Corp's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Madison Square Garden Sports Corp to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Madison Square Garden Sports Corp (2013–2025)
The table below shows the annual net assets of Madison Square Garden Sports Corp from 2013 to 2025. For live valuation and market cap data, see Madison Square Garden Sports Corp market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $-281.44 Million | -5.68% |
| 2024-06-30 | $-266.31 Million | +21.03% |
| 2023-06-30 | $-337.23 Million | -131.97% |
| 2022-06-30 | $-145.38 Million | +27.98% |
| 2021-06-30 | $-201.87 Million | +0.77% |
| 2020-06-30 | $-203.44 Million | -107.52% |
| 2019-06-30 | $2.71 Billion | +2.88% |
| 2018-06-30 | $2.63 Billion | +5.21% |
| 2017-06-30 | $2.50 Billion | -3.32% |
| 2016-06-30 | $2.59 Billion | +111.43% |
| 2015-06-30 | $1.22 Billion | +2.69% |
| 2014-06-30 | $1.19 Billion | +29.94% |
| 2013-06-30 | $916.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Madison Square Garden Sports Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 13759600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $249.00K | % |
| Other Comprehensive Income | $-897.00K | % |
| Total Equity | $-281.44 Million | 100.00% |
Madison Square Garden Sports Corp Competitors by Market Cap
The table below lists competitors of Madison Square Garden Sports Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
|
$5.44 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
$5.44 Billion |
|
Avantor Inc
NYSE:AVTR
|
$5.44 Billion |
|
TMBThanachart Bank Public Company Limited
F:NVPJ
|
$5.45 Billion |
|
REINET INVESTMENTS S.C.A.
F:RNT
|
$5.43 Billion |
|
ICL Israel Chemicals Ltd
TA:ICL
|
$5.43 Billion |
|
CD PROJEKT (UNSP.ADR)1/4
F:7CD0
|
$5.43 Billion |
|
Gerdau SA ADR
NYSE:GGB
|
$5.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Madison Square Garden Sports Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -266,310,000 to -281,439,000, a change of -15,129,000.
- Net loss of 22,438,000 reduced equity.
- Dividend payments of 633,000 reduced retained earnings.
- Share repurchases of 11,773,000 reduced equity.
- Other comprehensive income increased equity by 55,000.
- Other factors increased equity by 19,660,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-22.44 Million | -7.97% |
| Dividends Paid | $633.00K | -0.22% |
| Share Repurchases | $11.77 Million | -4.18% |
| Other Comprehensive Income | $55.00K | +0.02% |
| Other Changes | $19.66 Million | +6.99% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Madison Square Garden Sports Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | $35.65 | $361.78 | x |
| 2014-06-30 | $47.79 | $361.78 | x |
| 2015-06-30 | $49.11 | $361.78 | x |
| 2016-06-30 | $104.48 | $361.78 | x |
| 2017-06-30 | $100.96 | $361.78 | x |
| 2018-06-30 | $106.37 | $361.78 | x |
| 2019-06-30 | $109.64 | $361.78 | x |
| 2020-06-30 | $-8.65 | $361.78 | x |
| 2021-06-30 | $-8.47 | $361.78 | x |
| 2022-06-30 | $-6.03 | $361.78 | x |
| 2023-06-30 | $-13.94 | $361.78 | x |
| 2024-06-30 | $-11.05 | $361.78 | x |
| 2025-06-30 | $-11.68 | $361.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Madison Square Garden Sports Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.16%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -6.36% | -8.06% | 0.42x | 1.89x | $-149.95 Million |
| 2014 | -9.82% | -12.80% | 0.43x | 1.79x | $-236.05 Million |
| 2015 | -3.33% | -3.80% | 0.50x | 1.76x | $-163.01 Million |
| 2016 | -2.99% | -6.93% | 0.31x | 1.40x | $-335.93 Million |
| 2017 | -3.02% | -5.52% | 0.35x | 1.56x | $-313.54 Million |
| 2018 | 5.58% | 9.08% | 0.41x | 1.51x | $-112.05 Million |
| 2019 | 0.44% | 1.57% | 0.19x | 1.46x | $-250.62 Million |
| 2020 | 0.00% | -30.23% | 0.47x | 0.00x | $-161.69 Million |
| 2021 | 0.00% | -3.36% | 0.29x | 0.00x | $6.48 Million |
| 2022 | 0.00% | 6.23% | 0.59x | 0.00x | $65.84 Million |
| 2023 | 0.00% | 5.39% | 0.63x | 0.00x | $81.52 Million |
| 2024 | 0.00% | 5.72% | 0.71x | 0.00x | $85.40 Million |
| 2025 | 0.00% | -2.16% | 0.66x | 0.00x | $5.71 Million |
Industry Comparison
This section compares Madison Square Garden Sports Corp's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $89,507,946
- Average return on equity (ROE) among peers: -97.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Madison Square Garden Sports Corp (MSGS) | $-294.18 Million | -6.36% | N/A | $5.44 Billion |
| AI Era Corp. (ABQQD) | $3.07 Million | 47.48% | 1.17x | $772.11K |
| Color Star Technology Co. Ltd. (ADD) | $520.80K | -2762.79% | 103.00x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $103.22 Million | 14.61% | 2.50x | $268.13 Million |
| Passat Société Anonyme (ALXIL) | $48.22 Million | 10.70% | 0.79x | $20.25 Million |
| AMC Entertainment Holdings Inc (AMC) | $265.95 Million | -65.54% | 13.50x | $1.05 Billion |
| AMC Networks Inc (AMCX) | $-571.25 Million | 0.00% | 0.00x | $301.72 Million |
| Anghami De Inc (ANGH) | $-27.96 Million | 0.00% | 0.00x | $45.32 Million |
| Angel Studios, Inc. (ANGX) | $39.68 Million | 23.10% | 1.48x | $407.02 Million |
| Atlanta Braves Holdings, Inc. Series A Common Stock (BATRA) | $540.64 Million | -23.18% | 1.78x | $568.84 Million |
| Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK) | $493.00 Million | 1780.93% | 0.12x | $2.70 Billion |
About Madison Square Garden Sports Corp
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the Amer… Read more