Atlanta Braves Holdings, Inc. (BATRK) Balance Sheet
BATRK balance sheet, 2025
December 31, 2025 · U.S. dollars$1.61B assets = $1.08B liabilities + $538.2M equity
Both columns are drawn to the same scale: what BATRK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BATRK financial health
Descriptive bands, not a rating. Fiscal 2025.
BATRK balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $1.55B2016 | $1.61B2025 | +0.5%/yr | |
| Total liabilities | $1.15B2016 | $1.08B2025 | −0.7%/yr | |
| Shareholders’ equity | $400.0M2016 | $526.0M2025 | +3.1%/yr | |
| Cash & short-term investments | $107.0M2016 | $111.6M2025 | +0.5%/yr | |
| Total debt | $8.02B2016 | $837.2M2025 | −22.2%/yr | |
| Net cash (debt) | −$7.91B2016 | −$725.6M2025 | +$7.2B | |
| Working capital | −$29.0M2016 | −$218.3M2025 | −$189.3M | |
| Book value per share | $7.272016 | $8.252025 | +1.4%/yr | |
| Current ratio | 0.832016 | 0.422025 | −0.41 | |
| Debt / equity | 20.052016 | 1.592025 | −18.45 | |
| Shares outstanding | 55.0M2016 | 63.8M2025 | +1.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BATRK assets
BATRK liabilities and equity
BATRK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BATRK balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $111.6M | $110.1M | $125.1M | $151.0M | $142.0M | $151.0M | $142.0M | $107.0M | $132.0M | $107.0M |
| Cash & equivalents | $111.6M | $110.1M | $125.1M | $151.0M | $142.0M | $151.0M | $142.0M | $107.0M | $132.0M | $107.0M |
| Short-term investments | — | $2.5M | −$12.6M | $857.0M | $835.0M | $1.0M | — | −$8.0M | $1.11B | $1.31B |
| Receivables | $33.6M | $50.0M | $62.9M | $45.0M | $40.0M | $30.0M | $28.0M | $21.0M | $32.0M | $15.0M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $13.6M | $19.0M | $29.9M | $78.0M | $148.0M | $63.0M | $97.0M | $129.0M | $56.0M | $17.0M |
| Total current assets | $158.7M | $179.1M | $218.0M | $274.0M | $330.0M | $244.0M | $267.0M | $257.0M | $220.0M | $139.0M |
| Property, plant & equipment (net) | $868.9M | $807.5M | $769.4M | $730.0M | $777.0M | $799.0M | $795.0M | $1.04B | $1.10B | $930.0M |
| Goodwill & intangible assets | $299.5M | $299.5M | $299.5M | $324.0M | $344.0M | $347.0M | $357.0M | $360.0M | $372.0M | $396.0M |
| Long-term investments | $116.8M | $108.8M | $99.2M | $952.0M | $945.0M | $1.02B | $1.62B | $1.64B | $1.11B | $1.31B |
| Other non-current assets | $171.1M | $129.0M | $118.2M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total assets | $1.61B | $1.52B | $1.50B | $1.48B | $1.64B | $1.57B | $1.59B | $1.80B | $1.87B | $1.55B |
| Liabilities | ||||||||||
| Accounts payable | $43.5M | $63.7M | $73.1M | $55.0M | $66.0M | $53.0M | $63.0M | $29.0M | $58.0M | $141.0M |
| Short-term debt | $215.3M | $104.2M | $42.2M | $75.0M | $12.0M | $59.0M | $59.0M | $14.0M | $13.0M | $5.0M |
| Deferred revenue | $109.8M | $111.9M | $112.0M | $105.0M | $83.0M | $90.0M | $70.0M | $54.0M | $51.0M | $44.0M |
| Total current liabilities | $377.0M | $286.7M | $233.7M | $233.0M | $136.0M | $173.0M | $188.0M | $84.0M | $91.0M | $168.0M |
| Long-term debt | $523.3M | $512.9M | $527.1M | $14.95B | $15.70B | $16.69B | $15.42B | $13.37B | $13.19B | $8.01B |
| Lease obligations | $98.6M | $103.8M | $103.6M | $107.2M | — | — | — | — | — | — |
| Other long-term liabilities | $176.4M | $188.0M | $202.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $1.08B | $987.6M | $963.7M | $1.18B | $1.34B | $1.28B | $1.22B | $1.37B | $1.44B | $1.15B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $103,000 | $624,000 | $619,000 | $5.0M | $5.0M | $291.0M | $378.0M | $446.0M | $413.0M | $385.0M |
| Retained earnings (deficit) | −$609.0M | −$585.6M | −$554.4M | $296.2M | $12.72B | $12.32B | $13.64B | $13.64B | $13.08B | $11.73B |
| Accumulated other comprehensive income | −$2.7M | −$3.4M | −$7.3M | −$39.0M | −$5.0M | −$178.0M | −$128.0M | −$96.0M | −$51.0M | −$13.0M |
| Minority interest | $12.1M | $12.0M | $12.0M | $3.16B | $3.59B | $4.51B | $5.63B | $5.10B | $5.63B | $5.96B |
| Total shareholders' equity | $526.0M | $524.2M | $528.6M | $294.0M | $296.0M | $291.0M | $378.0M | $438.0M | $427.0M | $400.0M |
| Key figures | ||||||||||
| Total debt | $837.2M | $721.0M | $672.9M | $15.03B | $15.71B | $16.75B | $15.47B | $13.38B | $13.20B | $8.02B |
| Net cash (debt) | −$725.6M | −$610.8M | −$547.7M | −$14.88B | −$15.57B | −$16.59B | −$15.33B | −$13.28B | −$13.07B | −$7.91B |
| Working capital | −$218.3M | −$107.5M | −$15.7M | $41.0M | $194.0M | $71.0M | $79.0M | $173.0M | $129.0M | −$29.0M |
| Tangible book value | $226.6M | $224.7M | $229.1M | −$30.0M | −$48.0M | −$56.0M | $21.0M | $78.0M | $55.0M | $4.0M |
| Book value per share | $8.25 | $8.56 | $8.54 | $4.76 | $4.80 | $4.85 | $6.20 | $7.18 | $7.24 | $7.27 |
| Shares outstanding | 63.8M | 61.2M | 61.9M | 61.7M | 61.7M | 60.0M | 61.0M | 61.0M | 59.0M | 55.0M |
| Current ratio | 0.42 | 0.62 | 0.93 | 1.18 | 2.43 | 1.41 | 1.42 | 3.06 | 2.42 | 0.83 |
| Quick ratio | 0.38 | 0.56 | 0.80 | 0.84 | 1.34 | 1.05 | 0.90 | 1.52 | 1.80 | 0.73 |
| Debt / equity | 1.59 | 1.38 | 1.27 | 51.12 | 53.08 | 57.54 | 40.94 | 30.56 | 30.91 | 20.05 |
| Equity / assets | 32.6% | 34.4% | 35.1% | 19.9% | 18.1% | 18.5% | 23.7% | 24.3% | 22.9% | 25.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $116.3M | $168.9M | $111.6M | $82.2M | $96.2M | $244.7M | $110.1M | $100.9M | $121.2M | $181.5M | $125.1M | $106.7M |
| Cash & equivalents | $116.3M | $168.9M | $111.6M | $82.2M | $96.2M | $244.7M | $110.1M | $100.9M | $121.2M | $181.5M | $125.1M | $106.7M |
| Short-term investments | — | — | — | — | — | — | $2.5M | — | — | $1.90B | — | $1.04B |
| Receivables | $86.8M | $29.9M | $33.6M | $86.9M | $60.7M | $27.6M | $50.0M | $88.1M | $58.7M | $40.2M | $62.9M | $99.1M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $27.6M | $0 | $19.8M |
| Other current assets | $84.8M | $25.9M | $13.6M | $47.9M | $79.7M | $49.1M | $19.0M | $35.2M | $68.3M | $38.2M | $29.9M | $18.2M |
| Total current assets | $287.9M | $224.6M | $158.7M | $217.1M | $236.5M | $321.4M | $179.1M | $224.1M | $248.3M | $287.4M | $218.0M | $243.8M |
| Property, plant & equipment (net) | $863.4M | $873.9M | $868.9M | $877.6M | $881.1M | $818.5M | $811.3M | $801.1M | $801.1M | $788.2M | $766.7M | $749.5M |
| Goodwill & intangible assets | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M | $299.5M |
| Long-term investments | $125.0M | $116.3M | $116.8M | $121.2M | $114.6M | $108.9M | $108.8M | $113.9M | $107.3M | $100.1M | $99.2M | $105.6M |
| Other non-current assets | $164.7M | $173.0M | $171.1M | $156.2M | $152.2M | $133.2M | $125.1M | $118.6M | $117.7M | $126.9M | $120.9M | $120.4M |
| Total assets | $1.74B | $1.69B | $1.61B | $1.67B | $1.68B | $1.68B | $1.52B | $1.56B | $1.57B | $1.60B | $1.50B | $1.52B |
| Liabilities | ||||||||||||
| Accounts payable | $95.9M | $85.7M | $43.5M | $65.5M | $111.0M | $82.3M | $63.7M | $92.5M | $99.5M | $99.1M | $73.1M | $68.3M |
| Short-term debt | $333.2M | $215.7M | $215.3M | $111.0M | $115.7M | $104.3M | $104.2M | $137.6M | $137.7M | $42.5M | $42.2M | $7.8M |
| Deferred revenue | $149.9M | $181.4M | $109.8M | $1.09B | $144.4M | $220.1M | $111.9M | $82.4M | $146.3M | $212.4M | $112.0M | $106.1M |
| Total current liabilities | $585.9M | $490.9M | $377.0M | $249.7M | $371.2M | $413.9M | $286.7M | $321.7M | $388.2M | $359.9M | $233.7M | $189.3M |
| Long-term debt | $459.9M | $493.4M | $523.3M | $655.1M | $598.7M | $595.1M | $512.9M | $502.5M | $462.4M | $537.4M | $527.1M | $547.5M |
| Lease obligations | $96.7M | $99.9M | $98.6M | $101.9M | $100.8M | $103.9M | $103.8M | $103.5M | $102.5M | $105.8M | $103.6M | $106.8M |
| Other long-term liabilities | $167.9M | $171.8M | $176.4M | $194.2M | $179.2M | $174.3M | $188.0M | $190.6M | $198.6M | $213.7M | $202.9M | $206.4M |
| Total liabilities | $1.21B | $1.16B | $1.08B | $1.10B | $1.15B | $1.18B | $987.6M | $1.01B | $1.05B | $1.11B | $963.7M | $943.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $637,000 | $637,000 | $103,000 | $627,000 | $626,000 | $624,000 | $624,000 | $103,000 | $620,000 | $619,000 | $619,000 | $617,000 |
| Retained earnings (deficit) | −$661.7M | −$649.5M | −$609.0M | −$567.6M | −$597.5M | −$627.0M | −$585.6M | −$566.5M | −$576.5M | −$605.6M | −$554.4M | −$522.0M |
| Accumulated other comprehensive income | −$2.7M | −$2.7M | −$2.7M | −$3.3M | −$3.3M | −$3.3M | −$3.4M | −$7.5M | −$7.4M | −$7.3M | −$7.3M | −$3.5M |
| Minority interest | $12.4M | $12.2M | $12.1M | $12.2M | $12.0M | — | — | — | — | — | — | — |
| Total shareholders' equity | $514.3M | $519.0M | $526.0M | $560.3M | $522.8M | $486.1M | $524.2M | $530.4M | $512.7M | $479.2M | $528.6M | $563.6M |
| Key figures | ||||||||||||
| Total debt | $889.8M | $809.0M | $837.2M | $868.0M | $815.2M | $803.3M | $721.0M | $743.6M | $702.5M | $685.8M | $672.9M | $662.0M |
| Net cash (debt) | −$773.6M | −$640.2M | −$725.6M | −$785.7M | −$719.0M | −$558.7M | −$610.8M | −$642.8M | −$581.2M | −$504.3M | −$547.7M | −$555.3M |
| Working capital | −$298.0M | −$266.2M | −$218.3M | −$32.6M | −$134.6M | −$92.5M | −$107.5M | −$97.5M | −$139.9M | −$72.4M | −$15.7M | $54.5M |
| Tangible book value | $214.8M | $219.5M | $226.6M | $260.8M | $223.4M | $186.7M | $224.7M | $231.0M | $213.2M | $179.7M | $229.1M | $264.1M |
| Book value per share | $7.99 | $8.14 | $8.25 | $8.78 | $8.15 | $7.77 | $8.50 | $8.41 | $8.27 | $7.74 | $8.54 | $9.13 |
| Shares outstanding | 64.4M | 63.8M | 63.8M | 63.8M | 64.1M | 62.6M | 61.7M | 63.0M | 62.0M | 61.9M | 61.9M | 61.7M |
| Current ratio | 0.49 | 0.46 | 0.42 | 0.87 | 0.64 | 0.78 | 0.62 | 0.70 | 0.64 | 0.80 | 0.93 | 1.29 |
| Quick ratio | 0.35 | 0.40 | 0.38 | 0.68 | 0.42 | 0.66 | 0.56 | 0.59 | 0.46 | 0.62 | 0.80 | 1.09 |
| Debt / equity | 1.73 | 1.56 | 1.59 | 1.55 | 1.56 | 1.65 | 1.38 | 1.40 | 1.37 | 1.43 | 1.27 | 1.17 |
| Equity / assets | 29.5% | 30.8% | 32.6% | 33.5% | 31.0% | 28.9% | 34.4% | 34.1% | 32.6% | 29.9% | 35.1% | 37.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
BATRK financial position
At the end of fiscal 2025 (December 31, 2025), Atlanta Braves had total assets of $1.6 billion (up 6.0% from a year earlier), total liabilities of $1.1 billion and shareholders' equity of $526.0 million. It held $111.6 million in cash and short-term investments against $837.2 million of debt, net debt of $725.6 million. Its current ratio was 0.42. In the latest quarter (ended June 30, 2026) total assets were $1.7 billion and equity $514.3 million.
Related: BATRK income statement, BATRK cash flow statement, BATRK key metrics. See the BATRK stock overview for the latest quote and news.
BATRK balance sheet FAQ
What are Atlanta Braves's total assets?
Atlanta Braves reported total assets of $1.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.5 billion a year earlier.
How much debt does Atlanta Braves have?
Atlanta Braves had $837.2 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.59.
How much cash does Atlanta Braves have?
Atlanta Braves held $111.6 million in cash and short-term investments at the end of fiscal 2025; with $837.2 million of debt that is net debt of $725.6 million.
What is Atlanta Braves's book value?
Atlanta Braves's shareholders' equity (book value) was $526.0 million at the end of fiscal 2025, or $8.25 per share.
What is Atlanta Braves's current ratio?
Atlanta Braves had current assets of $158.7 million and current liabilities of $377.0 million, a current ratio of 0.42 (current liabilities exceed current assets).
How much goodwill does Atlanta Braves have?
Atlanta Braves carried $299.5 million of goodwill and intangible assets, 18.5% of total assets, at the end of fiscal 2025.