Sphere Entertainment Co's quarterly market cap
declined
from Sep. 2023 ($1,304.7 Mil) to Dec. 2023 ($1,193.0 Mil) but then
increased
from Dec. 2023 ($1,193.0 Mil) to Mar. 2024 ($1,733.9 Mil).
Sphere Entertainment Co's annual market cap
declined
from Jun. 2021 ($936.2 Mil) to Jun. 2022 ($831.7 Mil) but then
increased
from Jun. 2022 ($831.7 Mil) to Jun. 2023 ($949.9 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Sphere Entertainment Co's Enterprise Value for Today is $2,112.5 Mil.
Sphere Entertainment Co Market Cap 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.
Competitive Comparison of Sphere Entertainment Co's Market Cap
For the Entertainment subindustry, Sphere Entertainment Co's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Sphere Entertainment Co's Market Cap falls into.
Sphere Entertainment Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Sphere Entertainment Co's Market Cap for the fiscal year that ended in Jun. 2023 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 (NYSE:SPHR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Sphere Entertainment Co Market Cap Related Terms
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Sphere Entertainment Co (Sphere Entertainment Co) Business Description
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.
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