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Sphere Entertainment CoSPHR -0.80%51 Cash Ratio is 0.85 as of Mar. 2026, which is 16% above its 10-year median of 0.73. GuruFocus rates SPHR with a GF Score™ of 51/100 and a GF Value™ of $68.01 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,000 Media - Diversified companies, Sphere Entertainment Co ranks better than 61.5% on this metric.
Sphere Entertainment Co has a Cash Ratio of 0.85. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Sphere Entertainment Co's Cash Ratio or its related term are showing as below:
SPHR'
s Cash Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.73 Max: 3.07
Current: 0.85
During the past 9 years, Sphere Entertainment Co's highest Cash Ratio was 3.07. The lowest was 0.16. And the median was 0.73.
SPHR's Cash Ratio is ranked better than 61.5% of 1000
companies
in the Media - Diversified industry
Industry Median: 0.565
vs SPHR: 0.85
Sphere Entertainment Co (NYSE:SPHR) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Sphere Entertainment Co Cash Ratio Related Terms
Sphere Entertainment Co Cash Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Entertainment subindustry, Sphere Entertainment Co's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sphere Entertainment Co Cash Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Sphere Entertainment Co's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sphere Entertainment Co (SPHR) has a Cash Ratio of 0.85 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Sphere Entertainment Co and its competitors. This is 16% above median its historical median of 0.73. Over the past decade, Sphere Entertainment Co's Cash Ratio has ranged from 0.16 to 3.07. According to the industry distribution chart, Sphere Entertainment Co ranks #385 out of 1000 companies in the Media - Diversified industry, placing it in the top 38.5%.
Is Sphere Entertainment Co's Cash Ratio too high?
Sphere Entertainment Co's current Cash Ratio of 0.85 is 16% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 3.07. The Media - Diversified industry median Cash Ratio is 0.57. Sphere Entertainment Co's value of 0.85 is 50.4% above this industry median. Based on the distribution chart, Sphere Entertainment Co ranks #385 out of 1000 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Sphere Entertainment Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sphere Entertainment Co's Cash Ratio compare to VSNT and MANU?
According to the Media - Diversified industry distribution chart, Sphere Entertainment Co ranks #385 out of 1000 companies for Cash Ratio. This puts Sphere Entertainment Co in the upper half of its industry. The industry median Cash Ratio is 0.57. Sphere Entertainment Co's value of 0.85 is 50.4% above this benchmark. Historically, Sphere Entertainment Co's own Cash Ratio has ranged from 0.16 to 3.07 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.57, Sphere Entertainment Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Media - Diversified company?
The median Cash Ratio among Media - Diversified companies is 0.57, based on 1,000 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sphere Entertainment Co's current Cash Ratio of 0.85 is 50.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Sphere Entertainment Co and its competitors. For the Media - Diversified industry, the median Cash Ratio is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere Entertainment Co's current Cash Ratio is 0.85, which is 16% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere Entertainment Co stock overvalued right now?
Based on GuruFocus' analysis, Sphere Entertainment Co (SPHR) is currently considered Significantly Overvalued. The stock's GF Value™ is $68.01, compared to a current price of $140.17 — trading 106.1% above its estimated fair value. The current Cash Ratio is 0.85, which is 16% above median its 10-year median of 0.73 and 50.4% above the Media - Diversified industry median of 0.57. Sphere Entertainment Co's overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Sphere Entertainment Co (SPHR), the current Cash Ratio is 0.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sphere Entertainment Co (SPHR) Overvalued in 2026?
Based on GuruFocus' analysis, Sphere Entertainment Co stock appears to be overvalued.
The current stock price of $140.17 is trading 106.1% above its estimated GF Value™ of $68.01.
GuruFocus considers Sphere Entertainment Co to be Significantly Overvalued.
Key valuation signals for SPHR:
Cash Ratio: 0.85 (16% above median its 10-year median of 0.73)
GF Value™: $68.01 vs. price of $140.17 (106.1% above fair value)
Industry Position: 50.4% above the Media - Diversified median (#385 of 1000)
No single metric tells the full story. See the SPHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sphere Entertainment Co is a live entertainment and media company. The firm creates, writes, casts, produces, and tours shows and events. The group has two reportable segments: Sphere and MSG Networks. Sphere is a next-generation entertainment medium, and MSG Networks operates two regional sports and entertainment networks, as well as a direct-to-consumer (DTC) and authenticated streaming product.
51GF Score
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