Sphere Entertainment CoSPHR +5.27%58 Quick Ratio is 1.19 as of Mar. 2026, which is 3% above its 10-year median of 1.15. 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 59.77% on this metric.
Sphere Entertainment Co has a quick ratio of 1.19. It generally indicates good short-term financial strength.
The historical rank and industry rank for Sphere Entertainment Co's Quick Ratio or its related term are showing as below:
SPHR'
s Quick Ratio Range Over the Past 10 Years
Min: 0.52 Med: 1.15 Max: 3.52
Current: 1.19
During the past 9 years, Sphere Entertainment Co's highest Quick Ratio was 3.52. The lowest was 0.52. And the median was 1.15.
SPHR's Quick Ratio is ranked worse than 59.77% of 1039
companies
in the Media - Diversified industry
Industry Median: 1.46
vs SPHR: 1.19
Sphere Entertainment Co (NYSE:SPHR) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Sphere Entertainment Co Quick Ratio Related Terms
Sphere Entertainment Co Quick 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 Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Sphere Entertainment Co's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Sphere Entertainment Co's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Quick Ratio of 1.19 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sphere Entertainment Co and its competitors. This is near median its historical median of 1.15. Over the past decade, Sphere Entertainment Co's Quick Ratio has ranged from 0.52 to 3.52. According to the industry distribution chart, Sphere Entertainment Co ranks #621 out of 1039 companies in the Media - Diversified industry, placing it in the top 59.8%.
Is Sphere Entertainment Co's Quick Ratio too high?
Sphere Entertainment Co's current Quick Ratio of 1.19 is near median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.52. The Media - Diversified industry median Quick Ratio is 1.46. Sphere Entertainment Co's value of 1.19 is 18.5% below this industry median. Based on the distribution chart, Sphere Entertainment Co ranks #621 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 Quick Ratio compare to LION and VSNT?
According to the Media - Diversified industry distribution chart, Sphere Entertainment Co ranks #621 out of 1039 companies for Quick Ratio. This places Sphere Entertainment Co in the lower half of its industry. The industry median Quick Ratio is 1.46. Sphere Entertainment Co's value of 1.19 is 18.5% below this benchmark. Historically, Sphere Entertainment Co's own Quick Ratio has ranged from 0.52 to 3.52 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.46, 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 Quick Ratio for a Media - Diversified company?
The median Quick Ratio among Media - Diversified companies is 1.46, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sphere Entertainment Co's current Quick Ratio of 1.19 is 18.5% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Sphere Entertainment Co and its competitors. For the Media - Diversified industry, the median Quick Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sphere Entertainment Co's current Quick Ratio is 1.19, which is near median its own 10-year median of 1.15. 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 Quick Ratio is 1.19, which is near median its 10-year median of 1.15 and 18.5% below the Media - Diversified industry median of 1.46. 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 Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Sphere Entertainment Co (SPHR), the current Quick Ratio is 1.19 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:
Quick Ratio: 1.19 (near median its 10-year median of 1.15)
GF Value™: $66.63 vs. price of $169.85 (154.9% above fair value)
Industry Position: 18.5% below the Media - Diversified median (#621 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
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