Madison Square Garden Sports Corp (MSGS)
Return on total capital
| Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 136,510 | 78,708 | 102,237 | 122,935 | 114,970 | 144,347 | 103,968 | 87,388 | 87,918 | 43,660 | -9,846 | -84,359 | -76,814 | -101,007 | -221,031 | -85,353 | -157,334 | -219,860 | -57,367 | -67,646 |
| Long-term debt | US$ in thousands | 275,000 | 330,000 | 330,000 | 370,000 | 295,000 | 350,000 | 405,000 | 220,000 | 220,000 | 285,000 | 330,000 | 355,000 | 355,000 | 380,000 | 380,000 | 350,000 | 350,000 | 379,962 | 31,160 | 47,378 |
| Total stockholders’ equity | US$ in thousands | -266,310 | -293,955 | -339,189 | -358,543 | -337,234 | -333,780 | -387,750 | -173,362 | -147,089 | -179,762 | -212,090 | -234,417 | -204,308 | -257,738 | -268,009 | -242,846 | -206,986 | 2,555,080 | 2,658,320 | 2,525,540 |
| Return on total capital | 1,570.89% | 218.36% | — | 1,073.01% | — | 889.93% | 602.71% | 187.38% | 120.58% | 41.49% | -8.35% | -69.96% | -50.97% | -82.62% | -197.36% | -79.65% | -110.01% | -7.49% | -2.13% | -2.63% |
June 30, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $136,510K ÷ ($275,000K + $-266,310K)
= 1,570.89%
Return on total capital for Madison Square Garden Sports Corp has shown significant fluctuations over the past quarters, ranging from negative values to triple-digit percentages. The latest return on total capital stood at an impressive 1,570.89%, indicating a robust performance in generating profits relative to the total capital employed. This sharp increase from the previous quarter's 218.36% suggests a notable improvement in the company's capital efficiency and profitability. The absence of data for some quarters limits a comprehensive trend analysis, but it is evident that the company's return on total capital has been volatile, with notable peaks and troughs. Further analysis and comparison with industry benchmarks would be needed to provide additional context to these fluctuations.
Peer comparison
Jun 30, 2024