Millenniumpthorne Hotels New Zealand (NZSE:MCK) Interest Coverage: 13.50 (As of Dec. 2025) — 50% Below Median


NZSE:MCK Millennium & Copthorne Hotels New Zealand Ltd NZSE:MCK
68 GF Score
Price NZ$3.35
GF Value NZ$2.67
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Millenniumpthorne Hotels New Zealand Interest Coverage?

Millenniumpthorne Hotels New Zealand NZSE:MCK 68 Interest Coverage is 13.50 as of Dec. 2025, which is 50% below its 10-year median of 26.77. GuruFocus rates NZSE:MCK with a GF Score™ of 68/100 and a GF Value™ of NZ$2.67 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 610 Travel & Leisure companies, Millenniumpthorne Hotels New Zealand ranks better than 52.79% 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. Millenniumpthorne Hotels New Zealand's Operating Income for the six months ended in Dec. 2025 was NZ$13.1 Mil. Millenniumpthorne Hotels New Zealand's Interest Expense for the six months ended in Dec. 2025 was NZ$-1.0 Mil. Millenniumpthorne Hotels New Zealand's interest coverage for the quarter that ended in Dec. 2025 was 13.50. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Millenniumpthorne Hotels New Zealand's Interest Coverage or its related term are showing as below:

NZSE:MCK' s Interest Coverage Range Over the Past 10 Years
Min: 5.91   Med: 26.77   Max: 47.53
Current: 5.91


NZSE:MCK's Interest Coverage is ranked better than
52.79% of 610 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs NZSE:MCK: 5.91

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


Millenniumpthorne Hotels New Zealand  (NZSE:MCK) 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 .


Millenniumpthorne Hotels New Zealand Interest Coverage Related Terms


Millenniumpthorne Hotels New Zealand Interest Coverage Historical Data

* Premium members only.

The historical data trend for Millenniumpthorne Hotels New Zealand'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.

Millenniumpthorne Hotels New Zealand Interest Coverage Chart

Millenniumpthorne Hotels New Zealand 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 29.14 14.98 9.43 15.13 5.91

Millenniumpthorne Hotels New Zealand 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 13.36 14.16 16.06 2.88 13.50

NZSE:MCK vs MAR, HLT, H: Interest Coverage Comparison

For the Lodging subindustry, Millenniumpthorne Hotels New Zealand'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.


Millenniumpthorne Hotels New Zealand Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels New Zealand's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Millenniumpthorne Hotels New Zealand's Interest Coverage falls into.


NZSE:MCK
68GF Score
Millennium & Copthorne Hotels New Zealand Ltd NZSE:MCK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millenniumpthorne Hotels New Zealand 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.

Millenniumpthorne Hotels New Zealand'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, Millenniumpthorne Hotels New Zealand's Interest Expense was NZ$-3.4 Mil. Its Operating Income was NZ$20.1 Mil. And its Long-Term Debt & Capital Lease Obligation was NZ$46.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*20.068/-3.393
=5.91

Millenniumpthorne Hotels New Zealand's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Millenniumpthorne Hotels New Zealand's Interest Expense was NZ$-1.0 Mil. Its Operating Income was NZ$13.1 Mil. And its Long-Term Debt & Capital Lease Obligation was NZ$46.5 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*13.099/-0.97
=13.50

* 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 13.50 mean?
Millenniumpthorne Hotels New Zealand (NZSE:MCK) has a Interest Coverage of 13.50 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Millenniumpthorne Hotels New Zealand and its competitors. This is 50% below median its historical median of 26.77. Over the past decade, Millenniumpthorne Hotels New Zealand's Interest Coverage has ranged from 5.91 to 47.53. According to the industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #288 out of 610 companies in the Travel & Leisure industry, placing it in the top 47.2%.
Is Millenniumpthorne Hotels New Zealand's Interest Coverage too high?
Millenniumpthorne Hotels New Zealand's current Interest Coverage of 13.50 is 50% below median its 10-year median of 26.77. Over the past 10 years, this metric has ranged from a low of 5.91 to a high of 47.53. The Travel & Leisure industry median Interest Coverage is 5.35. Millenniumpthorne Hotels New Zealand's value of 13.50 is 152.3% above this industry median. Based on the distribution chart, Millenniumpthorne Hotels New Zealand ranks #288 out of 610 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Millenniumpthorne Hotels New Zealand has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millenniumpthorne Hotels New Zealand's Interest Coverage compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Millenniumpthorne Hotels New Zealand ranks #288 out of 610 companies for Interest Coverage. This puts Millenniumpthorne Hotels New Zealand in the upper half of its industry. The industry median Interest Coverage is 5.35. Millenniumpthorne Hotels New Zealand's value of 13.50 is 152.3% above this benchmark. Historically, Millenniumpthorne Hotels New Zealand's own Interest Coverage has ranged from 5.91 to 47.53 over the past decade. While the company's 10-year median is 26.77 vs. the industry median of 5.35, Millenniumpthorne Hotels New Zealand 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 610 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. Millenniumpthorne Hotels New Zealand's current Interest Coverage of 13.50 is 152.3% 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 Millenniumpthorne Hotels New Zealand 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. Millenniumpthorne Hotels New Zealand's current Interest Coverage is 13.50, which is 50% below median its own 10-year median of 26.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millenniumpthorne Hotels New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand (NZSE:MCK) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$2.67, compared to a current price of NZ$3.35 — trading 25.5% above its estimated fair value. The current Interest Coverage is 13.50, which is 50% below median its 10-year median of 26.77 and 152.3% above the Travel & Leisure industry median of 5.35. Millenniumpthorne Hotels New Zealand's overall GF Score™ is 68/100 with 5 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK), the current Interest Coverage is 13.50 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 Millenniumpthorne Hotels New Zealand (NZSE:MCK) Overvalued in 2026?

Based on GuruFocus' analysis, Millenniumpthorne Hotels New Zealand stock appears to be overvalued. The current stock price of NZ$3.35 is trading 25.5% above its estimated GF Value™ of NZ$2.67. GuruFocus considers Millenniumpthorne Hotels New Zealand to be Modestly Overvalued.

Key valuation signals for NZSE:MCK:

  • Interest Coverage: 13.50 (50% below median its 10-year median of 26.77)
  • GF Value™: NZ$2.67 vs. price of NZ$3.35 (25.5% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 152.3% above the Travel & Leisure median (#288 of 610)

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


Millenniumpthorne Hotels New Zealand Business Description

Other Exchanges MCKPA.PFD:New Zealand
Address 23 Customs Street East, Level 7, Auckland, NZL, 1010
Millennium & Copthorne Hotels New Zealand Ltd is engaged in the ownership and operation of hotels in New Zealand. The Group is also involved in the development and sale of residential land in New Zealand; investment properties comprising commercial warehousing and retail shops in New Zealand; and the development and sale of residential units in Australia. Its operating segments are: Hotel operations, Residential land development, Investment property, and Residential and commercial property development. Maximum revenue is generated from the Hotel operations segment, which includes income from the ownership and management of hotels. Geographically, the Group generates maximum revenue from New Zealand, and the rest from Australia.
68GF Score

Get the complete analysis for NZSE:MCK

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

NZ$3.35
Price
NZ$2.67
GF Value