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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
MSGE'
s Debt-to-Equity Range Over the Past 10 Years
Min: -648.67 Med: -9.93 Max: 126.45
Current: 24.73
During the past 6 years, the highest Debt-to-Equity Ratio of Madison Square Garden Entertainment was 126.45. The lowest was -648.67. And the median was -9.93.
MSGE's Debt-to-Equity is ranked worse than 98.8% of 831
companies
in the Media - Diversified industry
Industry Median: 0.26
vs MSGE: 24.73
Madison Square Garden Entertainment (NYSE:MSGE) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Madison Square Garden Entertainment Debt-to-Equity Related Terms
Madison Square Garden Entertainment Debt-to-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Madison Square Garden Entertainment Debt-to-Equity Chart
MSGE vs CNK, MANU, BATRA: Debt-to-Equity Comparison
For the Entertainment subindustry, Madison Square Garden Entertainment's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Madison Square Garden Entertainment Debt-to-Equity vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Madison Square Garden Entertainment's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Madison Square Garden Entertainment's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Madison Square Garden Entertainment (MSGE) has a Debt-to-Equity of 24.73 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Madison Square Garden Entertainment and its competitors. According to the industry distribution chart, Madison Square Garden Entertainment ranks #821 out of 831 companies in the Media - Diversified industry, placing it in the top 98.8%.
Is Madison Square Garden Entertainment's Debt-to-Equity too high?
Madison Square Garden Entertainment's current Debt-to-Equity is 24.73. The Media - Diversified industry median Debt-to-Equity is 0.26. Madison Square Garden Entertainment's value of 24.73 is 9411.5% above this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #821 out of 831 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Madison Square Garden Entertainment has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's Debt-to-Equity compare to CNK and MANU?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #821 out of 831 companies for Debt-to-Equity. This places Madison Square Garden Entertainment in the lower half of its industry. The industry median Debt-to-Equity is 0.26. Madison Square Garden Entertainment's value of 24.73 is 9411.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.26, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madison Square Garden Entertainment's current Debt-to-Equity of 24.73 is 9411.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current Debt-to-Equity is 24.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Entertainment (MSGE) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.30, compared to a current price of $76.26 — trading 76.1% above its estimated fair value. The current Debt-to-Equity is 24.73 and 9411.5% above the Media - Diversified industry median of 0.26. Madison Square Garden Entertainment's overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current Debt-to-Equity is 24.73 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Madison Square Garden Entertainment (MSGE) Overvalued in 2026?
Based on GuruFocus' analysis, Madison Square Garden Entertainment stock appears to be overvalued.
The current stock price of $76.26 is trading 76.1% above its estimated GF Value™ of $43.30.
GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.
Key valuation signals for MSGE:
Debt-to-Equity: 24.73
GF Value™: $43.30 vs. price of $76.26 (76.1% above fair value)
Industry Position: 9411.5% above the Media - Diversified median (#821 of 831)
No single metric tells the full story. See the MSGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madison Square Garden Entertainment Business Description
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
74GF Score
Get the complete analysis for MSGE
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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