Malta International Airport (MAL:MIA) Interest Coverage: 39.21 (As of Dec. 2025) — 35% Above Median


MAL:MIA Malta International Airport PLC MAL:MIA
100 GF Score
Price €6.20
GF Value €8.02
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Malta International Airport Interest Coverage?

Malta International Airport MAL:MIA 100 Interest Coverage is 39.21 as of Dec. 2025, which is 35% above its 10-year median of 29.02. GuruFocus rates MAL:MIA with a GF Score™ of 100/100 and a GF Value™ of €8.02 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 845 Transportation companies, Malta International Airport ranks better than 84.73% 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. Malta International Airport's Operating Income for the six months ended in Dec. 2025 was €39.4 Mil. Malta International Airport's Interest Expense for the six months ended in Dec. 2025 was €-1.0 Mil. Malta International Airport's interest coverage for the quarter that ended in Dec. 2025 was 39.21. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Malta International Airport's Interest Coverage or its related term are showing as below:

MAL:MIA' s Interest Coverage Range Over the Past 10 Years
Min: 6.51   Med: 29.02   Max: 315.97
Current: 37.06


MAL:MIA's Interest Coverage is ranked better than
84.73% of 845 companies
in the Transportation industry
Industry Median: 5.66 vs MAL:MIA: 37.06

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Malta International Airport  (MAL:MIA) 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 .


Malta International Airport Interest Coverage Related Terms


Malta International Airport Interest Coverage Historical Data

* Premium members only.

The historical data trend for Malta International Airport'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.

Malta International Airport Interest Coverage Chart

Malta International Airport Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.51 20.97 29.02 33.75 37.06

Malta International Airport Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage 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 32.26 31.88 35.64 35.07 39.21

MAL:MIA vs JOBY, CAAP: Interest Coverage Comparison

For the Airports & Air Services subindustry, Malta International Airport'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.


Malta International Airport Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Malta International Airport's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Malta International Airport's Interest Coverage falls into.


MAL:MIA
100GF Score
Malta International Airport PLC MAL:MIA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Malta International Airport 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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Malta International Airport's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Malta International Airport's Interest Expense was €-2.1 Mil. Its Operating Income was €77.5 Mil. And its Long-Term Debt & Capital Lease Obligation was €55.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*77.458/-2.09
=37.06

Malta International Airport's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Malta International Airport's Interest Expense was €-1.0 Mil. Its Operating Income was €39.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €55.1 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*39.369/-1.004
=39.21

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 39.21 mean?
Malta International Airport (MAL:MIA) has a Interest Coverage of 39.21 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Malta International Airport and its competitors. This is 35% above median its historical median of 29.02. Over the past decade, Malta International Airport's Interest Coverage has ranged from 6.51 to 315.97. According to the industry distribution chart, Malta International Airport ranks #129 out of 845 companies in the Transportation industry, placing it in the top 15.3%.
Is Malta International Airport's Interest Coverage too high?
Malta International Airport's current Interest Coverage of 39.21 is 35% above median its 10-year median of 29.02. Over the past 10 years, this metric has ranged from a low of 6.51 to a high of 315.97. The Transportation industry median Interest Coverage is 5.66. Malta International Airport's value of 39.21 is 592.8% above this industry median. Based on the distribution chart, Malta International Airport ranks #129 out of 845 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Malta International Airport has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Malta International Airport's Interest Coverage compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Malta International Airport ranks #129 out of 845 companies for Interest Coverage. This places Malta International Airport in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.66. Malta International Airport's value of 39.21 is 592.8% above this benchmark. Historically, Malta International Airport's own Interest Coverage has ranged from 6.51 to 315.97 over the past decade. While the company's 10-year median is 29.02 vs. the industry median of 5.66, Malta International Airport has consistently been above 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 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. Malta International Airport's current Interest Coverage of 39.21 is 592.8% 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 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 Malta International Airport and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Malta International Airport's current Interest Coverage is 39.21, which is 35% above median its own 10-year median of 29.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Malta International Airport stock overvalued right now?
Based on GuruFocus' analysis, Malta International Airport (MAL:MIA) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.02, compared to a current price of €6.20 — trading 22.7% below its estimated fair value. The current Interest Coverage is 39.21, which is 35% above median its 10-year median of 29.02 and 592.8% above the Transportation industry median of 5.66. Malta International Airport's overall GF Score™ is 100/100 with 1 warning sign 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 Malta International Airport (MAL:MIA), the current Interest Coverage is 39.21 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 Malta International Airport (MAL:MIA) Overvalued in 2026?

Based on GuruFocus' analysis, Malta International Airport stock appears to be undervalued. The current stock price of €6.20 is trading 22.7% below its estimated GF Value™ of €8.02. GuruFocus considers Malta International Airport to be Modestly Undervalued.

Key valuation signals for MAL:MIA:

  • Interest Coverage: 39.21 (35% above median its 10-year median of 29.02)
  • GF Value™: €8.02 vs. price of €6.20 (22.7% below fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 592.8% above the Transportation median (#129 of 845)

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


Malta International Airport Business Description

Address Malta International Airport, Luqa, MLT, LQA 4000
Malta International Airport PLC develops, operates, and manages Malta International Airport. Its segments include the Airport Segment, which provides services such as revenue from airport-regulated fees, aviation concessions, and persons with reduced mobility and their associated costs. This segment also includes the operations and maintenance of the terminal, runways, taxiways and aircraft parks. The Retail and Property Segment includes the operations of the various retail outlets within the airport perimeter, advertising sites and rental of offices, warehouses and income from the running of the VIP lounges. Income and costs from Airport Parking Limited, Sky Parks Business Centre Limited and Sky Parks Development Limited are also allocated within the Retail and Property Segment.
100GF Score

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

€6.20
Price
€8.02
GF Value