MSGE (Madison Square Garden Entertainment) Change In Working Capital: $181 Mil (TTM As of Jun. 2026)

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MSGE Madison Square Garden Entertainment Corp MSGE
69 GF Score
Price $77.41
GF Value $45.26
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Madison Square Garden Entertainment Change In Working Capital?

Madison Square Garden Entertainment MSGE -0.50% 69 Change In Working Capital is $181 Mil as of Jun. 2026. GuruFocus rates MSGE with a GF Score™ of 69/100 and a GF Value™ of $45.26 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Madison Square Garden Entertainment's change in working capital for the quarter that ended in Jun. 2026 was $-23 Mil.

Madison Square Garden Entertainment's change in working capital for the fiscal year that ended in Jun. 2026 was $181 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


Madison Square Garden Entertainment Change In Working Capital Related Terms


Madison Square Garden Entertainment Change In Working Capital Historical Data

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The historical data trend for Madison Square Garden Entertainment's Change In Working Capital can be seen below:

* 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.

Madison Square Garden Entertainment Change In Working Capital Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Change In Working Capital
Get a 7-Day Free Trial 33.60 -13.05 -31.52 -43.87 180.80

Madison Square Garden Entertainment Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.81 24.76 16.58 162.93 -23.47
MSGE
69GF Score
Madison Square Garden Entertainment Corp MSGE
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Madison Square Garden Entertainment Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $181 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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.

What does a Change In Working Capital of $181 Mil mean?
Madison Square Garden Entertainment (MSGE) has a Change In Working Capital of $181 Mil as of Jun. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Madison Square Garden Entertainment.
Is Madison Square Garden Entertainment's Change In Working Capital too high?
Madison Square Garden Entertainment's current Change In Working Capital is $181 Mil. Overall, Madison Square Garden Entertainment has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's Change In Working Capital compare to MANU and LION?
Madison Square Garden Entertainment's Change In Working Capital of $181 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Media - Diversified company?
A good Change In Working Capital depends on the Media - Diversified industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Madison Square Garden Entertainment. Madison Square Garden Entertainment's current Change In Working Capital is $181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Entertainment (MSGE) is currently considered Significantly Overvalued. The stock's GF Value™ is $45.26, compared to a current price of $77.41 — trading 71% above its estimated fair value. The current Change In Working Capital is $181 Mil. Madison Square Garden Entertainment's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current Change In Working Capital is $181 Mil as of Jun. 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 Madison Square Garden Entertainment (MSGE) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Entertainment stock appears to be overvalued. The current stock price of $77.41 is trading 71% above its estimated GF Value™ of $45.26. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

  • Change In Working Capital: $181 Mil
  • GF Value™: $45.26 vs. price of $77.41 (71% above fair value)
  • GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the MSGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madison Square Garden Entertainment Business Description

Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
69GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$77.41
Price
$45.26
GF Value