Sphere Entertainment Co Stock Probability Of Bankruptcy
| SPHR Stock | 37.34 0.65 1.71% |
Sphere | Probability Of Bankruptcy |
Sphere Entertainment Co Company probability of distress Analysis
Sphere Entertainment's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Sphere Entertainment Probability Of Bankruptcy | Over 63% |
Most of Sphere Entertainment's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Sphere Entertainment Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Sphere Entertainment probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Sphere Entertainment odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Sphere Entertainment Co financial health.
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.
Sphere Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Sphere Entertainment is extremely important. It helps to project a fair market value of Sphere Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Sphere Entertainment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Sphere Entertainment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Sphere Entertainment's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Sphere Entertainment Co has a Probability Of Bankruptcy of 63%. This is 52.21% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The probability of bankruptcy for all United States stocks is 58.17% lower than that of the firm.
Sphere Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Sphere Entertainment's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Sphere Entertainment could also be used in its relative valuation, which is a method of valuing Sphere Entertainment by comparing valuation metrics of similar companies.Sphere Entertainment is currently under evaluation in probability of bankruptcy category among related companies.
Sphere Entertainment Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.0487 | (0.028) | (0.0352) | 0.1 | 0.091 | 0.0955 | |
| Asset Turnover | 0.32 | 0.38 | 0.12 | 0.11 | 0.13 | 0.25 | |
| Net Debt | (645.4M) | 494.6M | 339.2M | 1.2B | 1.4B | 1.4B | |
| Total Current Liabilities | 510.0M | 729.9M | 961.1M | 692.1M | 796.0M | 706.0M | |
| Non Current Liabilities Total | 334.8M | 2.2B | 2.4B | 1.7B | 2.0B | 1.3B | |
| Total Assets | 3.7B | 5.3B | 5.5B | 5.0B | 5.7B | 4.8B | |
| Total Current Assets | 1.4B | 1.9B | 1.2B | 623.9M | 561.5M | 1.0B | |
| Total Cash From Operating Activities | 96.0M | (289.5M) | 141.3M | 153.6M | 138.2M | 145.1M |
Sphere Fundamentals
| Return On Equity | 0.0893 | |||
| Return On Asset | -0.0251 | |||
| Profit Margin | 0.43 % | |||
| Operating Margin | (0.11) % | |||
| Current Valuation | 2.2 B | |||
| Shares Outstanding | 28.46 M | |||
| Shares Owned By Insiders | 5.82 % | |||
| Shares Owned By Institutions | 94.18 % | |||
| Number Of Shares Shorted | 6.83 M | |||
| Price To Book | 0.60 X | |||
| Price To Sales | 2.03 X | |||
| Revenue | 573.83 M | |||
| Gross Profit | 233.3 M | |||
| EBITDA | 398.64 M | |||
| Net Income | 505.68 M | |||
| Total Debt | 1.32 B | |||
| Book Value Per Share | 69.17 X | |||
| Cash Flow From Operations | 153.59 M | |||
| Short Ratio | 10.00 X | |||
| Earnings Per Share | 5.99 X | |||
| Target Price | 42.75 | |||
| Number Of Employees | 690 | |||
| Beta | 1.46 | |||
| Market Capitalization | 1.35 B | |||
| Total Asset | 4.97 B | |||
| Retained Earnings | 212.04 M | |||
| Working Capital | (68.23 M) | |||
| Net Asset | 4.97 B |
About Sphere Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Sphere Entertainment Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sphere Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sphere Entertainment Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Sphere Entertainment Piotroski F Score and Sphere Entertainment Altman Z Score analysis. 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Sphere Stock analysis
When running Sphere Entertainment's price analysis, check to measure Sphere Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sphere Entertainment is operating at the current time. Most of Sphere Entertainment's value examination focuses on studying past and present price action to predict the probability of Sphere Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere Entertainment's price. Additionally, you may evaluate how the addition of Sphere Entertainment to your portfolios can decrease your overall portfolio volatility.
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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.