Is it safe?
Can SPHR take a bad year?
Sphere Entertainment Co. carries $229M of net debt at 1.26× EBITDA: a load its earnings can carry.
$229M
Net debt · as at Q2 2027 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.26×
Net debt / EBITDA
- Altman Z-score
- 1.82
Altman Z-score · grey zone, between 1.8 and 3
- Debt / equity
- 0.35×
Debt / equity
Details›
- Total debtQ2 2027
- $780M
- Cash and short-term investments
- $551M
- Net debt
- $229M
- EBITDA, trailing twelve months
- $182M
- Operating profit, trailing twelve months
- −$155M
- Debt / equity
- 0.35×
- Total debt / EBITDA
- 4.29×
- Annualised volatilitytwo years of daily moves
- 54%
- Worst drawdown on file
- −66%
- Below its 52-week high
- −11%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.