Madison Square Garden EntertainmentMSGE +0.09%74 Interest Coverage is 2.62 as of Mar. 2026, which is 17% above its 10-year median of 2.24. GuruFocus rates MSGE with a GF Score™ of 74/100 and a GF Value™ of $43.10 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 609 Media - Diversified companies, Madison Square Garden Entertainment ranks worse than 71.1% 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. Madison Square Garden Entertainment's
Operating Income
for the
three
months ended in Mar. 2026 was $25 Mil. Madison Square Garden Entertainment's Interest Expense for the
three
months ended in Mar. 2026 was $-9 Mil.
Madison Square Garden Entertainment's interest coverage for the quarter that ended in Mar. 2026 was 2.62.
The higher the ratio, the stronger the company's financial strength is.
Madison Square Garden Entertainment (NYSE:MSGE) 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 .
Madison Square Garden Entertainment Interest Coverage Related Terms
Madison Square Garden Entertainment Interest Coverage 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.
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.
Madison Square Garden Entertainment Interest Coverage Chart
MSGE vs CNK, BATRA, MANU: Interest Coverage Comparison
For the Entertainment subindustry, Madison Square Garden Entertainment'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.
Madison Square Garden Entertainment Interest Coverage vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Madison Square Garden Entertainment's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Madison Square Garden Entertainment's Interest Coverage falls into.
Madison Square Garden Entertainment 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.
Madison Square Garden Entertainment (MSGE) has a Interest Coverage of 2.62 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Madison Square Garden Entertainment and its competitors. This is 17% above median its historical median of 2.24. Over the past decade, Madison Square Garden Entertainment's Interest Coverage has ranged from 2.22 to 3.56. According to the industry distribution chart, Madison Square Garden Entertainment ranks #433 out of 609 companies in the Media - Diversified industry, placing it in the top 71.1%.
Is Madison Square Garden Entertainment's Interest Coverage too high?
Madison Square Garden Entertainment's current Interest Coverage of 2.62 is 17% above median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 2.22 to a high of 3.56. The Media - Diversified industry median Interest Coverage is 11.88. Madison Square Garden Entertainment's value of 2.62 is 77.9% below this industry median. Based on the distribution chart, Madison Square Garden Entertainment ranks #433 out of 609 companies in the Media - Diversified industry, which is below the industry midpoint. 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 Interest Coverage compare to CNK and BATRA?
According to the Media - Diversified industry distribution chart, Madison Square Garden Entertainment ranks #433 out of 609 companies for Interest Coverage. This places Madison Square Garden Entertainment in the lower half of its industry. The industry median Interest Coverage is 11.88. Madison Square Garden Entertainment's value of 2.62 is 77.9% below this benchmark. Historically, Madison Square Garden Entertainment's own Interest Coverage has ranged from 2.22 to 3.56 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 11.88, Madison Square Garden Entertainment 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 Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.88, based on 609 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. Madison Square Garden Entertainment's current Interest Coverage of 2.62 is 77.9% 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 Madison Square Garden Entertainment and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madison Square Garden Entertainment's current Interest Coverage is 2.62, which is 17% above median its own 10-year median of 2.24. 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 $43.10, compared to a current price of $76.51 — trading 77.5% above its estimated fair value. The current Interest Coverage is 2.62, which is 17% above median its 10-year median of 2.24 and 77.9% below the Media - Diversified industry median of 11.88. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current Interest Coverage is 2.62 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 $76.51 is trading 77.5% above its estimated GF Value™ of $43.10.
GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.
Key valuation signals for MSGE:
Interest Coverage: 2.62 (17% above median its 10-year median of 2.24)
GF Value™: $43.10 vs. price of $76.51 (77.5% above fair value)
Industry Position: 77.9% below the Media - Diversified median (#433 of 609)
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
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