Event-Driven Stocks

MSG NETWORKS INC.

Communication Services · Cable & Other Pay Television Services · DE · SEC filings ↗ · Compare ⊕

Signs3 good3 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY20FY19FY18FY17FY16FY15
Revenue$185.0M$195.1M$696.7M$675.4M$658.2M$631.0M
Operating income$73.7M$82.5M$313.2M$314.9M$275.6M$427.3M
Net income$46.3M$54.2M$288.9M$167.3M$7.6M$254.7M
Total assets$850.8M$866.9M$849.6M$805.0M$806.5M$3.02B
Total liabilities$1.40B$1.33B$1.51B$1.75B$1.93B$1.30B
Equity−$552.8M−$458.8M−$657.7M−$944.2M−$1.12B$1.72B
EPS (diluted)$0.77$0.72$3.81$2.21$0.10$3.28
Shares out.63.5M75.7M75.8M75.6M75.5M77.7M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2020
Operating margin
39.8%
Net margin
25.0%
Return on equity
−8.4%
Return on assets
5.4%
Return on capital (ROCE)
9.5%
Liabilities / assets
165.0%
Debt / equity
Book value / share
$-8.70
Revenue growth (YoY)
−5.2%
Net income growth (YoY)
−14.7%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2020
Altman Z″ (distress)
1.78grey zone
Accruals / assets
19.2%clean
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
48
/ 100
Profitability 80Growth 0Catalyst 33Earnings quality 100Financial strength 25

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe3 warning3 good
  • Negative shareholder equity
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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