The Madison Square Garden Company (MSG) financial statements (2021 and earlier)

Company profile

Business Address TWO PENNSYLVANIA PLAZA
NEW YORK, NY 10121
State of Incorp. DE
Fiscal Year End June 30
SIC 799 - Miscellaneous Amusement And Recreation (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments71781,1951,2261,2381,444
Cash and cash equivalents71781,0861,2261,2381,444
Short-term investments  108   
Restricted cash and investments101332313427
Receivables3789810110580
Prepaid expense482145292327
Other current assets11943294925
Total current assets:1751281,4131,4161,4501,604
Noncurrent Assets
Operating lease, right-of-use asset712718
Property, plant and equipment37401,3801,2541,1591,161
Long-term investments and receivables  85210242265
Long-term investments  85210242264
Due from related parties     2
Intangible assets, net (including goodwill)341342790811804460
Goodwill227227393393380277
Intangible assets, net (excluding goodwill)114115397419424183
Other noncurrent assets26696465854
Total noncurrent assets:1,1171,1062,3502,3212,2631,940
TOTAL ASSETS:1,2921,2343,7643,7363,7133,544
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities96107374333354267
Accounts payable1225292414
Accrued liabilities5833211180191134
Employee-related liabilities3671138124139119
Deferred revenue200126
Debt 3964  
Due to related parties251819141815
Deferred revenue and credits414390332
Other undisclosed current liabilities27 361   
Total current liabilities:348290760766762615
Noncurrent Liabilities
Long-term debt and lease obligation1,0681,02949101105 
Long-term debt, excluding current maturities38035049101105 
Operating lease, liability688679
Liabilities, other than long-term debt9768187185315310
Deferred revenue32 
Deferred tax liabilities, net7979196195
Deferred income tax liabilities5758
Liability, pension and other postretirement and postemployment benefits7741495366
Due to related parties  0   
Other liabilities1366576649
Other undisclosed noncurrent liabilities455062542933
Total noncurrent liabilities:1,2091,147297340450343
Total liabilities:1,5571,4371,0571,1051,212958
Temporary equity, carrying amount  687781 
Stockholders' equity
Stockholders' equity attributable to parent, including:(268)(207)2,6212,5362,4082,586
Treasury stock, value(148)(167)(208)(224)(242)(102)
Additional paid in capital1562,8462,8182,8332,806
Accumulated other comprehensive loss(2)(2)(47)(47)(34)(43)
Retained earnings (accumulated deficit)(134)(44)29(11)(148)(76)
Other undisclosed stockholders' equity attributable to parent000000
Stockholders' equity attributable to noncontrolling interest34181812 
Total stockholders' equity:(265)(203)2,6392,5542,4202,586
TOTAL LIABILITIES AND EQUITY:1,2921,2343,7643,7363,7133,544

Income statement (P&L) ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues(154)6031,6311,5591,3181,115
Revenue from related parties88139164
Cost of revenue
(Cost of Goods and Services Sold)
87(360)(997)(945)(861)(738)
Gross profit:(67)243634614457377
Operating expenses197     
Other undisclosed operating loss(282)(337)(648)(595)(517)(436)
Operating income (loss):(151)(94)(14)19(60)(59)
Nonoperating income (expense)(28)02522133
Investment income, nonoperating(13)13022127
Other nonoperating income (expense)(15)(0)(5)01(4)
Interest and debt expense(5)(4)(4)(15)(4)(2)
Income (loss) from continuing operations before equity method investments, income taxes:(184)(98)825(51)(58)
Other undisclosed income (loss) from continuing operations before income taxes3 (9)(8)(30)(19)
Income (loss) from continuing operations before income taxes:(182)(98)(2)18(81)(77)
Income tax expense (benefit)(19)(21)(1)1174(0)
Income (loss) from continuing operations:(200)(119)(3)134(77)(77)
Loss from discontinued operations (90)    
Other undisclosed loss before gain (loss) on sale of properties(90)     
Net income (loss):(291)(209)(3)134(77)(77)
Net income (loss) attributable to noncontrolling interest(2) 1574 
Other undisclosed net income attributable to parent2826    
Net income (loss) available to common stockholders, diluted:(266)(182)11142(73)(77)

Comprehensive Income ($ in millions)

12/31/2020
TTM
6/30/2020
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net income (loss):(291)(209)(3)134(77)(77)
Other comprehensive income (loss)(18)(4)(6)(15)8(8)
Comprehensive income (loss):(309)(213)(9)120(68)(86)
Other undisclosed comprehensive income, net of tax, attributable to parent25261574 
Comprehensive income (loss), net of tax, attributable to parent:(284)(187)6127(64)(86)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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