Madison Square Garden Sports Corp (MSGS)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 251,095 | 216,942 | 149,233 | 205,269 | 185,246 |
| Total current liabilities | US$ in thousands | 563,523 | 521,982 | 520,528 | 438,299 | 368,278 |
| Current ratio | 0.45 | 0.42 | 0.29 | 0.47 | 0.50 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $251,095K ÷ $563,523K
= 0.45
The current ratio of Madison Square Garden Sports Corp has exhibited fluctuations over the period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the ratio stood at 0.50, indicating that the company's current assets were half of its current liabilities. This level suggests a relatively weak liquidity position, as the company may face challenges in covering its short-term obligations with its available short-term assets.
By June 30, 2022, the current ratio slightly declined to 0.47, reflecting a marginal worsening in liquidity. The decline continued into June 30, 2023, reaching 0.29, which signifies a significant decrease and suggests a more strained ability to meet short-term liabilities with current assets. This notably low ratio indicates a liquidity concern, implying that the company may need to rely more heavily on non-current assets or external financing to meet immediate obligations.
In the subsequent years, there was a modest recovery in the current ratio. As of June 30, 2024, it increased to 0.42, and further improved slightly to 0.45 by June 30, 2025. These increases suggest some improvement in liquidity, although the ratio remains below 1.0 throughout the entire period, indicating ongoing liquidity stress.
Overall, the trend illustrates a pattern of liquidity deterioration followed by partial recovery, but the current ratio consistently remains below the generally accepted benchmark of 1.0. This persistence points toward a potentially continued challenge in short-term financial stability and emphasizes the importance of further evaluation of the company's liquidity management practices and underlying financial health.
Peer comparison
Jun 30, 2025