Sphere Entertainment Co. Tangible Net Worth Ratio
Sphere Entertainment Co. tangible net worth ratio. Sphere Entertainment Co. (SPHR) has a Tangible Net Worth Ratio of 99.0% as of June 2026. This metric is calculated by deducting intangible assets ($21.82 Million) from net assets ($2.23 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check strategic asset allocation of Sphere Entertainment Co. to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Sphere Entertainment Co. (2016–2026)
Tangible net worth ratio of Sphere Entertainment Co. from 2016 to 2026. This chart shows how Sphere Entertainment Co.'s Tangible Net Worth Ratio has changed across 11 annual periods from 2016 to 2026. As of June 2026, the ratio stands at 99.0%, reflecting net assets of $2.23 Billion with intangible assets of $21.82 Million USD. See Sphere Entertainment Co. (SPHR) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Sphere Entertainment Co. Tangible Net Worth Ratio by Year (2016–2026)
Sphere Entertainment Co. tangible net worth ratio by year from 2016 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Sphere Entertainment Co. from 2016 to 2026, covering 11 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Sphere Entertainment Co. stock valuation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 99.0% | $2.23 Billion | $21.82 Million | $4.43 Billion | ▲ +0.2 pp |
| 2025 | 98.8% | $2.42 Billion | $28.38 Million | $4.79 Billion | ▲ +0.1 pp |
| 2024 | 98.7% | $2.42 Billion | $31.94 Million | $4.79 Billion | ▼ -0.6 pp |
| 2023 | 99.3% | $2.58 Billion | $17.91 Million | $4.97 Billion | ▲ +0.3 pp |
| 2022 | 99.0% | $2.16 Billion | $21.02 Million | $5.52 Billion | ▲ +10.3 pp |
| 2021 | 88.7% | $2.32 Billion | $262.07 Million | $5.29 Billion | ▼ -3.9 pp |
| 2020 | 92.6% | $2.89 Billion | $214.23 Million | $3.73 Billion | ▲ +3.1 pp |
| 2019 | 89.5% | $2.65 Billion | $279.81 Million | $3.32 Billion | ▲ +1.1 pp |
| 2018 | 88.4% | $2.57 Billion | $297.95 Million | $3.29 Billion | ▲ +5.3 pp |
| 2017 | 83.1% | $2.50 Billion | $423.82 Million | $3.71 Billion | ▼ -10.7 pp |
| 2016 | 93.8% | $2.93 Billion | $182.58 Million | $3.54 Billion | — |