Sphere Net Working Capital from 2010 to 2024

SPHR Stock   35.12  2.22  5.95%   
Sphere Entertainment Net Working Capital yearly trend continues to be relatively stable with very little volatility. Net Working Capital is likely to grow to about -58.3 M this year. During the period from 2010 to 2024, Sphere Entertainment Net Working Capital destribution of quarterly values had r-value of (0.79) from its regression line and median of  872,697,000. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
-61.4 M
Current Value
-58.3 M
Quarterly Volatility
396.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sphere Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere main balance sheet or income statement drivers, such as Depreciation And Amortization of 122.8 M, Interest Expense of 140.1 M or Total Revenue of 687.6 M, as well as many exotic indicators such as Price To Sales Ratio of 1.02, Dividend Yield of 0.12 or PTB Ratio of 0.33. Sphere financial statements analysis is a perfect complement when working with Sphere Entertainment Valuation or Volatility modules.
  
This module can also supplement various Sphere Entertainment Technical models . Check out the analysis of Sphere Entertainment Correlation against competitors.

Latest Sphere Entertainment's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Sphere Entertainment Co over the last few years. It is Sphere Entertainment's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sphere Entertainment's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Sphere Net Working Capital Regression Statistics

Arithmetic Mean640,288,991
Coefficient Of Variation61.94
Mean Deviation331,586,547
Median872,697,000
Standard Deviation396,589,739
Sample Variance157283.4T
Range984.8M
R-Value(0.79)
Mean Square Error64693.2T
R-Squared0.62
Significance0.0005
Slope(69,717,688)
Total Sum of Squares2201967.9T

Sphere Net Working Capital History

2024-58.3 M
2023-61.4 M
2022-68.2 M
2021262.2 M
2020759.3 M
2019916.5 M

About Sphere Entertainment Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sphere Entertainment income statement, its balance sheet, and the statement of cash flows. Sphere Entertainment investors use historical funamental indicators, such as Sphere Entertainment's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Sphere Entertainment investors may use each financial statement separately, they are all related. The changes in Sphere Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sphere Entertainment's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sphere Entertainment Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sphere Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital-61.4 M-58.3 M

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When determining whether Sphere Entertainment is a strong investment it is important to analyze Sphere Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sphere Entertainment's future performance. For an informed investment choice regarding Sphere Stock, refer to the following important reports:
Check out the analysis of Sphere Entertainment Correlation against competitors.
Note that the Sphere Entertainment information on this page should be used as a complementary analysis to other Sphere Entertainment's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Sphere Entertainment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sphere Entertainment. If investors know Sphere will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sphere Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
5.99
Revenue Per Share
25.14
Quarterly Revenue Growth
0.983
Return On Assets
(0.03)
Return On Equity
0.0893
The market value of Sphere Entertainment is measured differently than its book value, which is the value of Sphere that is recorded on the company's balance sheet. Investors also form their own opinion of Sphere Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Sphere Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sphere Entertainment's market value can be influenced by many factors that don't directly affect Sphere Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sphere Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sphere Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sphere Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.