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MSG Networks (MSG Networks) Equity-to-Asset : -0.43 (As of Mar. 2021)


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What is MSG Networks Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MSG Networks's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $-418.9 Mil. MSG Networks's Total Assets for the quarter that ended in Mar. 2021 was $971.8 Mil. Therefore, MSG Networks's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was -0.43.

The historical rank and industry rank for MSG Networks's Equity-to-Asset or its related term are showing as below:

MSGN' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.46   Med: 0.51   Max: 0.57
Current: -0.43

During the past 13 years, the highest Equity to Asset Ratio of MSG Networks was 0.57. The lowest was -1.46. And the median was 0.51.

MSGN's Equity-to-Asset is not ranked
in the Media - Diversified industry.
Industry Median: 0.52 vs MSGN: -0.43

MSG Networks Equity-to-Asset Historical Data

The historical data trend for MSG Networks's Equity-to-Asset 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.

* Premium members only.

MSG Networks Equity-to-Asset Chart

MSG Networks Annual Data
Trend Dec10 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.39 -1.17 -0.77 -0.53 -0.65

MSG Networks Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Equity-to-Asset 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 Premium Member Only -0.77 -0.65 -0.58 -0.51 -0.43

Competitive Comparison of MSG Networks's Equity-to-Asset

For the Entertainment subindustry, MSG Networks's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


MSG Networks's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MSG Networks's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MSG Networks's Equity-to-Asset falls into.



MSG Networks Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

MSG Networks's Equity to Asset Ratio for the fiscal year that ended in Jun. 2020 is calculated as

Equity to Asset (A: Jun. 2020 )=Total Stockholders Equity/Total Assets
=-552.849/850.803
=-0.65

MSG Networks's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )=Total Stockholders Equity/Total Assets
=-418.876/971.757
=-0.43

* 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.


MSG Networks  (NYSE:MSGN) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


MSG Networks Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of MSG Networks's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


MSG Networks (MSG Networks) Business Description

Traded in Other Exchanges
N/A
Address
11 Pennsylvania Plaza, 3rd Floor, New York, NY, USA, 10001
MSG Networks Inc is engaged in sports production, and content development and distribution. The company owns and operates two regional sports and entertainment networks, MSG Network and MSG+, collectively MSG Networks. Its networks are distributed throughout its territory, which includes all of New York State and significant portions of New Jersey and Connecticut, as well as parts of Pennsylvania. The company generates revenues from affiliate fees charged to distributors for the right to carry its programming networks, as well as from the sale of advertising.
Executives
Stephen Mills director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Lawrence J. Burian officer: EVP and General Counsel TWO PENN PLAZA, NEW YORK NY 10121
Dawn Darino-gorski officer: SVP, Controller & PAO 11 PENNSYLVANIA PLAZA NEW YORK NY 10001
Andrea Greenberg officer: President and CEO 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Bret Richter officer: EVP, CFO & Treasurer 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
James Lawrence Dolan director, 10 percent owner, officer: Executive Chairman, other: Member of 13D Group BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Kristin A Dolan director, 10 percent owner C/O MSG TWO PENN PLAZA, 26TH FLOOR, NEW YORK NY 10121
Aidan J Dolan director 11 PENN PLAZA, NEW YORK NY 10001
Joseph Cohen director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Quentin F Dolan director 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Hank Ratner director 1111 STEWART AVE C/O CABLEVISON BETHPAGE NY 11714-3581
John L Sykes director 2 PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joel M. Litvin director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10011
Paul Joseph Dolan director, other: Trustee of Member of 13D Group TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joseph Lhota director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121

MSG Networks (MSG Networks) Headlines

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