Sphere Entertainment CoSPHR +5.27%58 Current Ratio is 1.22 as of Mar. 2026, which is 3% above its 10-year median of 1.18. GuruFocus rates SPHR with a GF Score™ of 58/100 and a GF Value™ of $66.63 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,039 Media - Diversified companies, Sphere Entertainment Co ranks worse than 63.62% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Sphere Entertainment Co's current ratio for the quarter that ended in Mar. 2026 was 1.22.
Sphere Entertainment Co has a current ratio of 1.22. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sphere Entertainment Co's Current Ratio or its related term are showing as below:
SPHR'
s Current Ratio Range Over the Past 10 Years
Min: 0.53 Med: 1.18 Max: 3.52
Current: 1.22
During the past 9 years, Sphere Entertainment Co's highest Current Ratio was 3.52. The lowest was 0.53. And the median was 1.18.
SPHR's Current Ratio is ranked worse than 63.62% of 1039
companies
in the Media - Diversified industry
Industry Median: 1.57
vs SPHR: 1.22
Sphere Entertainment Co (NYSE:SPHR) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Sphere Entertainment Co Current Ratio Related Terms
Sphere Entertainment Co Current 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.
SPHR vs LION, VSNT, MANU: Current Ratio Comparison
For the Entertainment subindustry, Sphere Entertainment Co's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Sphere Entertainment Co's Current 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 Current Ratio of 1.22 as of Mar. 2026. This is near median its historical median of 1.18. Over the past decade, Sphere Entertainment Co's Current Ratio has ranged from 0.53 to 3.52. According to the industry distribution chart, Sphere Entertainment Co ranks #661 out of 1039 companies in the Media - Diversified industry, placing it in the top 63.6%.
Is Sphere Entertainment Co's Current Ratio too high?
Sphere Entertainment Co's current Current Ratio of 1.22 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 3.52. The Media - Diversified industry median Current Ratio is 1.57. Sphere Entertainment Co's value of 1.22 is 22.3% below this industry median. Based on the distribution chart, Sphere Entertainment Co ranks #661 out of 1039 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Sphere Entertainment Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sphere Entertainment Co's Current Ratio compare to LION and VSNT?
According to the Media - Diversified industry distribution chart, Sphere Entertainment Co ranks #661 out of 1039 companies for Current Ratio. This places Sphere Entertainment Co in the lower half of its industry. The industry median Current Ratio is 1.57. Sphere Entertainment Co's value of 1.22 is 22.3% below this benchmark. Historically, Sphere Entertainment Co's own Current Ratio has ranged from 0.53 to 3.52 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.57, Sphere Entertainment Co has consistently been below 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 Current Ratio for a Media - Diversified company?
The median Current Ratio among Media - Diversified companies is 1.57, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sphere Entertainment Co's current Current Ratio of 1.22 is 22.3% below 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median Current Ratio is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere Entertainment Co's current Current Ratio is 1.22, which is near median its own 10-year median of 1.18. 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 $66.63, compared to a current price of $169.85 — trading 154.9% above its estimated fair value. The current Current Ratio is 1.22, which is near median its 10-year median of 1.18 and 22.3% below the Media - Diversified industry median of 1.57. Sphere Entertainment Co's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Sphere Entertainment Co (SPHR), the current Current Ratio is 1.22 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 $169.85 is trading 154.9% above its estimated GF Value™ of $66.63.
GuruFocus considers Sphere Entertainment Co to be Significantly Overvalued.
Key valuation signals for SPHR:
Current Ratio: 1.22 (near median its 10-year median of 1.18)
GF Value™: $66.63 vs. price of $169.85 (154.9% above fair value)
Industry Position: 22.3% below the Media - Diversified median (#661 of 1039)
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.
58GF Score
Get the complete analysis for SPHR
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