MSGS (Madison Square Garden Sports) Debt-to-Equity: -3.95 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MSGS Madison Square Garden Sports Corp MSGS
52 GF Score
Price $391.56
GF Value $224.35
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Madison Square Garden Sports Debt-to-Equity?

Madison Square Garden Sports MSGS +0.05% 52 Debt-to-Equity is -3.95 as of Mar. 2026. GuruFocus rates MSGS with a GF Score™ of 52/100 and a GF Value™ of $224.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 834 Media - Diversified companies, Madison Square Garden Sports ranks worse than 119903.96% on this metric.

Madison Square Garden Sports's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $73 Mil. Madison Square Garden Sports's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,094 Mil. Madison Square Garden Sports's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-295 Mil. Madison Square Garden Sports's debt to equity for the quarter that ended in Mar. 2026 was -3.95.

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.

The historical rank and industry rank for Madison Square Garden Sports's Debt-to-Equity or its related term are showing as below:

MSGS' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.75   Med: -3.95   Max: 0.25
Current: -3.95

During the past 13 years, the highest Debt-to-Equity Ratio of Madison Square Garden Sports was 0.25. The lowest was -6.75. And the median was -3.95.

MSGS's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.26 vs MSGS: -3.95

Madison Square Garden Sports  (NYSE:MSGS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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 Sports Debt-to-Equity Related Terms


Madison Square Garden Sports Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Madison Square Garden Sports's Debt-to-Equity can be seen below:

* 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 Sports Debt-to-Equity Chart

Madison Square Garden Sports Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.47 -6.75 -3.33 -4.15 -4.21

Madison Square Garden Sports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.20 -4.21 -3.99 -4.21 -3.95

MSGS vs PSKY, SIRI, LLYVA: Debt-to-Equity Comparison

For the Entertainment subindustry, Madison Square Garden Sports'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 Sports Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madison Square Garden Sports's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Madison Square Garden Sports's Debt-to-Equity falls into.


MSGS
52GF Score
Madison Square Garden Sports Corp MSGS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madison Square Garden Sports Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Madison Square Garden Sports's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Madison Square Garden Sports's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -3.95 mean?
Madison Square Garden Sports (MSGS) has a Debt-to-Equity of -3.95 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 Sports and its competitors. According to the industry distribution chart, Madison Square Garden Sports ranks #999999 out of 834 companies in the Media - Diversified industry.
Is Madison Square Garden Sports' Debt-to-Equity too high?
Madison Square Garden Sports' current Debt-to-Equity is -3.95. Based on the distribution chart, Madison Square Garden Sports ranks #999999 out of 834 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Madison Square Garden Sports has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Sports' Debt-to-Equity compare to PSKY and SIRI?
According to the Media - Diversified industry distribution chart, Madison Square Garden Sports ranks #999999 out of 834 companies for Debt-to-Equity. This places Madison Square Garden Sports in the lower half of its industry. The industry median Debt-to-Equity is 0.26. 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 834 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. 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 Sports 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 Sports's current Debt-to-Equity is -3.95. 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 Sports stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Sports (MSGS) is currently considered Significantly Overvalued. The stock's GF Value™ is $224.35, compared to a current price of $391.56 — trading 74.5% above its estimated fair value. The current Debt-to-Equity is -3.95. Madison Square Garden Sports' overall GF Score™ is 52/100 with 6 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 Sports (MSGS), the current Debt-to-Equity is -3.95 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 Sports (MSGS) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Sports stock appears to be overvalued. The current stock price of $391.56 is trading 74.5% above its estimated GF Value™ of $224.35. GuruFocus considers Madison Square Garden Sports to be Significantly Overvalued.

Key valuation signals for MSGS:

  • Debt-to-Equity: -3.95
  • GF Value™: $224.35 vs. price of $391.56 (74.5% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the MSGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madison Square Garden Sports Business Description

Other Exchanges MS8:Germany
Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Sports Corp owns and operates a portfolio of assets featuring some of the recognized sports teams, including the Knicks of the NBA and the Rangers of the NHL. It generates revenue from several sources: ticket sales and a portion of suite rental fees at The Garden and others. It has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes.
52GF Score

Get the complete analysis for MSGS

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$391.56
Price
$224.35
GF Value