Madison Square Garden Sports Corp. (MSGS) is a renowned sports and entertainment company that operates several professional sports teams and venues. In this section, we will delve into the financials of MSGS, including its income statement, EBIT, EBITDA, gross profit, net income from stockholders, total revenue, balance sheet, cash equivalents, net debt, stockholders equity, total assets, total debt, total liabilities, cash flow, financing cash flow, free cash flow, investing cash flow, and operating cash flow.
The income statement provides a snapshot of MSGS's financial performance over a specific period, showcasing its revenue, expenses, and net income from stockholders. EBIT represents the earnings before interest and taxes, while EBITDA stands for earnings before interest, taxes, depreciation, and amortization. These metrics are used to evaluate the company's profitability and operating efficiency. Gross profit is the revenue minus the cost of goods sold, highlighting the profitability of MSGS's core operations. Total revenue encompasses all the income generated by MSGS, including ticket sales, sponsorships, and merchandise.
Moving on to the balance sheet, it presents the financial position of MSGS, including its assets, liabilities, and stockholders equity. Cash equivalents refer to highly liquid assets that can be easily converted into cash. Net debt accounts for the company's total debt minus its cash and cash equivalents. Stockholders equity represents the residual value of the company's assets after deducting its liabilities.
Furthermore, we will examine MSGS's cash flow, which showcases the movement of cash in and out of the company. Financing cash flow reflects the cash inflows and outflows related to financing activities, such as issuing or repurchasing stock and debt. Free cash flow is the cash generated by MSGS's operations after deducting capital expenditures necessary to maintain its asset base. Investing cash flow accounts for cash flows related to investing activities, such as acquisitions or sale of property. Operating cash flow indicates the cash generated from MSGS's core operations, excluding financing and investing activities.