Grand Harbour MarinaMAL:GHM 49 Interest Coverage is 0.55 as of Dec. 2025, which is 59% below its 10-year median of 1.34. GuruFocus rates MAL:GHM with a GF Score™ of 49/100 and a GF Value™ of €0.80 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 611 Travel & Leisure companies, Grand Harbour Marina ranks worse than 91.98% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Grand Harbour Marina's
Operating Income
for the
six
months ended in Dec. 2025 was €0.90 Mil. Grand Harbour Marina's Interest Expense for the
six
months ended in Dec. 2025 was €-1.64 Mil.
Grand Harbour Marina's interest coverage for the quarter that ended in Dec. 2025 was 0.55.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Grand Harbour Marina's Interest Coverage or its related term are showing as below:
MAL:GHM'
s Interest Coverage Range Over the Past 10 Years
Min: 0.76 Med: 1.34 Max: 2.03
Current: 0.8
MAL:GHM's Interest Coverage is ranked worse than 91.98% of 611
companies
in the Travel & Leisure industry
Industry Median: 5.35
vs MAL:GHM: 0.80
Grand Harbour Marina (MAL:GHM) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Grand Harbour Marina Interest Coverage Related Terms
Grand Harbour Marina Interest Coverage Historical Data
* Premium members only.
The historical data trend for Grand Harbour Marina's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MAL:GHM vs AS, HAS, LTH: Interest Coverage Comparison
For the Leisure subindustry, Grand Harbour Marina's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
Grand Harbour Marina Interest Coverage vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Grand Harbour Marina's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Grand Harbour Marina's Interest Coverage falls into.
Grand Harbour Marina Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
Grand Harbour Marina (MAL:GHM) has a Interest Coverage of 0.55 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grand Harbour Marina and its competitors. This is 59% below median its historical median of 1.34. Over the past decade, Grand Harbour Marina's Interest Coverage has ranged from 0.76 to 2.03. According to the industry distribution chart, Grand Harbour Marina ranks #562 out of 611 companies in the Travel & Leisure industry, placing it in the top 92%.
Is Grand Harbour Marina's Interest Coverage too high?
Grand Harbour Marina's current Interest Coverage of 0.55 is 59% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 2.03. The Travel & Leisure industry median Interest Coverage is 5.35. Grand Harbour Marina's value of 0.55 is 89.7% below this industry median. Based on the distribution chart, Grand Harbour Marina ranks #562 out of 611 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Grand Harbour Marina has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grand Harbour Marina's Interest Coverage compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Grand Harbour Marina ranks #562 out of 611 companies for Interest Coverage. This places Grand Harbour Marina in the lower half of its industry. The industry median Interest Coverage is 5.35. Grand Harbour Marina's value of 0.55 is 89.7% below this benchmark. Historically, Grand Harbour Marina's own Interest Coverage has ranged from 0.76 to 2.03 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 5.35, Grand Harbour Marina has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grand Harbour Marina's current Interest Coverage of 0.55 is 89.7% below 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grand Harbour Marina and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Harbour Marina's current Interest Coverage is 0.55, which is 59% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Harbour Marina stock overvalued right now?
Based on GuruFocus' analysis, Grand Harbour Marina (MAL:GHM) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.80, compared to a current price of €0.95 — trading 18.8% above its estimated fair value. The current Interest Coverage is 0.55, which is 59% below median its 10-year median of 1.34 and 89.7% below the Travel & Leisure industry median of 5.35. Grand Harbour Marina's overall GF Score™ is 49/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Grand Harbour Marina (MAL:GHM), the current Interest Coverage is 0.55 as of Dec. 2025. 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 Grand Harbour Marina (MAL:GHM) Overvalued in 2026?
Based on GuruFocus' analysis, Grand Harbour Marina stock appears to be overvalued.
The current stock price of €0.95 is trading 18.8% above its estimated GF Value™ of €0.80.
GuruFocus considers Grand Harbour Marina to be Modestly Overvalued.
Key valuation signals for MAL:GHM:
Interest Coverage: 0.55 (59% below median its 10-year median of 1.34)
GF Value™: €0.80 vs. price of €0.95 (18.8% above fair value)
Industry Position: 89.7% below the Travel & Leisure median (#562 of 611)
No single metric tells the full story. See the MAL:GHM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are acquiring, developing, operating, and managing marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.
49GF Score
Get the complete analysis for MAL:GHM
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