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
Sphere Entertainment Co. (SPHR) - Total Assets
Latest total assets as of December 2025: $4.21 Billion USD
Based on the latest financial reports, Sphere Entertainment Co. (SPHR) holds total assets worth $4.21 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Sphere Entertainment Co. - Total Assets Trend (2016–2025)
This chart illustrates how Sphere Entertainment Co.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sphere Entertainment Co. - Asset Composition Analysis
Current Asset Composition (June 2025)
Sphere Entertainment Co.'s total assets of $4.21 Billion consist of 18.1% current assets and 81.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.7% |
| Accounts Receivable | $180.35 Million | 3.8% |
| Inventory | $12.58 Million | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $28.38 Million | 0.6% |
| Goodwill | $410.17 Million | 8.6% |
Asset Composition Trend (2016–2025)
This chart illustrates how Sphere Entertainment Co.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sphere Entertainment Co.'s current assets represent 18.1% of total assets in 2025, a decrease from 45.3% in 2016.
- Cash Position: Cash and equivalents constituted 11.7% of total assets in 2025, down from 40.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 12.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 8.6% of total assets.
Sphere Entertainment Co. Competitors by Total Assets
Key competitors of Sphere Entertainment Co. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
AVP Inc
PINK:AVPI
|
USA | $9.23 Million |
|
Club De Futbol Intercity Sad
MC:CITY
|
Spain | €1.07 Million |
|
Studio Dragon Corporation
KQ:253450
|
Korea | ₩1.13 Trillion |
|
Wasu Media Holding Co Ltd
SHE:000156
|
China | CN¥29.63 Billion |
|
Huawen Media Investment Corp
SHE:000793
|
China | CN¥2.33 Billion |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
China | CN¥1.99 Billion |
|
CITIC Guoan Information Industry Co Ltd
SHE:000839
|
China | CN¥6.15 Billion |
|
Bona Film Group Co Ltd
SHE:001330
|
China | CN¥11.95 Billion |
Sphere Entertainment Co. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Sphere Entertainment Co. generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Sphere Entertainment Co. is currently not profitable relative to its asset base.
Sphere Entertainment Co. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.09 | 0.55 | 3.00 |
| Quick Ratio | 1.07 | 0.55 | 2.84 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $66.80 Million | $ -610.67 Million | $ 1.03 Billion |
Sphere Entertainment Co. - Advanced Valuation Insights
This section examines the relationship between Sphere Entertainment Co.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.84 |
| Latest Market Cap to Assets Ratio | 0.57 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $4.79 Billion |
| Market Capitalization | $2.71 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Sphere Entertainment Co.'s assets below their book value (0.57 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Sphere Entertainment Co.'s assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Sphere Entertainment Co. (2016–2025)
The table below shows the annual total assets of Sphere Entertainment Co. from 2016 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | $4.79 Billion | -5.37% |
| 2024-06-30 | $5.06 Billion | +1.74% |
| 2023-06-30 | $4.97 Billion | -9.94% |
| 2022-06-30 | $5.52 Billion | +4.39% |
| 2021-06-30 | $5.29 Billion | +41.69% |
| 2020-06-30 | $3.73 Billion | +12.60% |
| 2019-06-30 | $3.32 Billion | +0.85% |
| 2018-06-30 | $3.29 Billion | -11.45% |
| 2017-06-30 | $3.71 Billion | +4.76% |
| 2016-06-30 | $3.54 Billion | -- |