SPHR (Sphere Entertainment Co) Interest Expense : $-111 Mil (TTM As of Dec. 2024)

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What is Sphere Entertainment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sphere Entertainment Co's interest expense for the three months ended in Dec. 2024 was $ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was $-111 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Sphere Entertainment Co's Operating Income for the three months ended in Dec. 2024 was $ -77 Mil. Sphere Entertainment Co's Interest Expense for the three months ended in Dec. 2024 was $ -30 Mil. Sphere Entertainment Co did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sphere Entertainment Co Interest Expense Historical Data

The historical data trend for Sphere Entertainment Co's Interest Expense 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.

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Sphere Entertainment Co Interest Expense Chart

Sphere Entertainment Co Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Interest Expense

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-36.56

-20.22

-79.87

Sphere Entertainment Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-25.83	-27.12	-26.92	-26.97	-30.41

Sphere Entertainment Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-111 Mil.

Sphere Entertainment Co (NYSE:SPHR) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sphere Entertainment Co's Interest Expense for the three months ended in Dec. 2024 was $-30 Mil. Its Operating Income for the three months ended in Dec. 2024 was $-77 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was $641 Mil.

Sphere Entertainment Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Sphere Entertainment Co did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Sphere Entertainment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sphere Entertainment Co (NYSE:SPHR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

MQ2:Germany

Address

Two Penn Plaza, New York, NY, USA, 10121

Website

https://www.sphereentertainmentco.com

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 which includeSphere 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.

Executives

Andrea Greenberg	officer: President/CEO-MSG Networks	11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
James Lawrence Dolan	director, officer: Executive Chairman / CEO, other: Member of 13(d) Group	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
David F. Byrnes	officer: EVP & Chief Financial Officer	C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
David Granville-smith	officer: Executive Vice President	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gregory Brunner	officer: SVP, Controller & PAO	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Carl E Vogel	director	C/O SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Gautam Ranji	officer: EVP, CFO & Treasurer	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Isiah Iii Thomas	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Philip Gerard D'ambrosio	officer: Interim CFO, Treasurer & Sec.	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dolan Leinauer Corby	other: Trustee of 13(d) Group Member	BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Zeppetella Courtney M	officer: SVP, Controller & CAO	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Jamal H Haughton	officer: EVP & General Counsel	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joseph F Yospe	officer: SVP, Controller & PAO	551 5TH AVENUE, SUITE 300, NEW YORK NY 10176
Joel M. Litvin	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10011
Scott S Packman	officer: EVP & General Counsel	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121