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Sphere Entertainment Co (STU:MQ2) Gross-Profit-to-Asset % : 13.75% (As of Mar. 2024)


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What is Sphere Entertainment Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Sphere Entertainment Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was €615.6 Mil. Sphere Entertainment Co's average Total Assets over the quarter that ended in Mar. 2024 was €4,478.6 Mil. Therefore, Sphere Entertainment Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.75%.


Sphere Entertainment Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Sphere Entertainment Co's Gross-Profit-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.

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Sphere Entertainment Co Gross-Profit-to-Asset % Chart

Sphere Entertainment Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 11.65 18.34 8.29 5.70 4.36

Sphere Entertainment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-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 4.57 3.34 2.75 12.53 13.75

Competitive Comparison of Sphere Entertainment Co's Gross-Profit-to-Asset %

For the Entertainment subindustry, Sphere Entertainment Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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.


Sphere Entertainment Co's Gross-Profit-to-Asset % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sphere Entertainment Co's Gross-Profit-to-Asset % falls into.



Sphere Entertainment Co Gross-Profit-to-Asset % Calculation

Sphere Entertainment Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=213.785/( (5223.963+4590.093)/ 2 )
=213.785/4907.028
=4.36 %

Sphere Entertainment Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=615.628/( (4477.971+4479.307)/ 2 )
=615.628/4478.639
=13.75 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Sphere Entertainment Co Gross-Profit-to-Asset % Related Terms

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Sphere Entertainment Co (STU:MQ2) Business Description

Comparable Companies
Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Sphere Entertainment Co is live entertainment and media company. The firm creates, writes, cast, produce, and tour shows and events. The company's portfolio includes Sphere, a next-generation entertainment medium to the world. The group has three reportable segments which include Entertainment, MSG Networks, and Tao Group Hospitality.

Sphere Entertainment Co (STU:MQ2) Headlines

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