MacroAsia (PHS:MAC) Interest Coverage: 6.76 (As of Mar. 2026) — 90% Above Median


PHS:MAC MacroAsia Corp PHS:MAC
89 GF Score
Price ₱3.89
GF Value ₱5.65
Valuation Significantly Undervalued
! 5 Warning Signs
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What is MacroAsia Interest Coverage?

MacroAsia PHS:MAC -0.26% 89 Interest Coverage is 6.76 as of Mar. 2026, which is 90% above its 10-year median of 3.55. GuruFocus rates PHS:MAC with a GF Score™ of 89/100 and a GF Value™ of ₱5.65 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 846 Transportation companies, MacroAsia ranks worse than 75.53% 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. MacroAsia's Operating Income for the three months ended in Mar. 2026 was ₱165 Mil. MacroAsia's Interest Expense for the three months ended in Mar. 2026 was ₱-24 Mil. MacroAsia's interest coverage for the quarter that ended in Mar. 2026 was 6.76. The higher the ratio, the stronger the company's financial strength is.

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

PHS:MAC' s Interest Coverage Range Over the Past 10 Years
Min: 0.88   Med: 3.55   Max: 8.23
Current: 2.41


PHS:MAC's Interest Coverage is ranked worse than
75.53% of 846 companies
in the Transportation industry
Industry Median: 5.67 vs PHS:MAC: 2.41

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


MacroAsia  (PHS:MAC) 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 .


MacroAsia Interest Coverage Related Terms


MacroAsia Interest Coverage Historical Data

* Premium members only.

The historical data trend for MacroAsia'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.

MacroAsia Interest Coverage Chart

MacroAsia 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 0.00 0.88 4.40 8.23 2.52

MacroAsia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.54 4.30 1.67 0.00 6.76

PHS:MAC vs JOBY: Interest Coverage Comparison

For the Airports & Air Services subindustry, MacroAsia'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.


MacroAsia Interest Coverage vs Transportation Industry

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

* The bar in red indicates where MacroAsia's Interest Coverage falls into.


PHS:MAC
89GF Score
MacroAsia Corp PHS:MAC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MacroAsia 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.

MacroAsia'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, MacroAsia's Interest Expense was ₱-136 Mil. Its Operating Income was ₱342 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱2,964 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*341.707/-135.71
=2.52

MacroAsia's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, MacroAsia's Interest Expense was ₱-24 Mil. Its Operating Income was ₱165 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱3,037 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*165.075/-24.402
=6.76

* 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 6.76 mean?
MacroAsia (PHS:MAC) has a Interest Coverage of 6.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MacroAsia and its competitors. This is 90% above median its historical median of 3.55. Over the past decade, MacroAsia's Interest Coverage has ranged from 0.88 to 8.23. According to the industry distribution chart, MacroAsia ranks #639 out of 846 companies in the Transportation industry, placing it in the top 75.5%.
Is MacroAsia's Interest Coverage too high?
MacroAsia's current Interest Coverage of 6.76 is 90% above median its 10-year median of 3.55. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 8.23. The Transportation industry median Interest Coverage is 5.67. MacroAsia's value of 6.76 is 19.2% above this industry median. Based on the distribution chart, MacroAsia ranks #639 out of 846 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, MacroAsia has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MacroAsia's Interest Coverage compare to JOBY?
According to the Transportation industry distribution chart, MacroAsia ranks #639 out of 846 companies for Interest Coverage. This places MacroAsia in the lower half of its industry. The industry median Interest Coverage is 5.67. MacroAsia's value of 6.76 is 19.2% above this benchmark. Historically, MacroAsia's own Interest Coverage has ranged from 0.88 to 8.23 over the past decade. While the company's 10-year median is 3.55 vs. the industry median of 5.67, MacroAsia 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 5.67, based on 846 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. MacroAsia's current Interest Coverage of 6.76 is 19.2% 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 MacroAsia and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MacroAsia's current Interest Coverage is 6.76, which is 90% above median its own 10-year median of 3.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MacroAsia stock overvalued right now?
Based on GuruFocus' analysis, MacroAsia (PHS:MAC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱5.65, compared to a current price of ₱3.89 — trading 31.2% below its estimated fair value. The current Interest Coverage is 6.76, which is 90% above median its 10-year median of 3.55 and 19.2% above the Transportation industry median of 5.67. MacroAsia's overall GF Score™ is 89/100 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 MacroAsia (PHS:MAC), the current Interest Coverage is 6.76 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 MacroAsia (PHS:MAC) Overvalued in 2026?

Based on GuruFocus' analysis, MacroAsia stock appears to be undervalued. The current stock price of ₱3.89 is trading 31.2% below its estimated GF Value™ of ₱5.65. GuruFocus considers MacroAsia to be Significantly Undervalued.

Key valuation signals for PHS:MAC:

  • Interest Coverage: 6.76 (90% above median its 10-year median of 3.55)
  • GF Value™: ₱5.65 vs. price of ₱3.89 (31.2% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 19.2% above the Transportation median (#639 of 846)

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


MacroAsia Business Description

Address 112 Aguirre Street, 7th Floor, Ricogen Building, Legazpi Village, Makati City, PHL, 1229
MacroAsia Corp engages in providing aviation-support business at the engaged in aviation-support businesses at the Ninoy Aquino International Airport (NAIA), Manila Domestic Airport (MDA), Mactan-Cebu International Airport (MCIA), Kalibo International Airport (KIA), Davao International Airport, Tuguegarao Airport and the General Aviation Area. Its segments are In-flight and other catering segment which generates key revenue, Ground handling and aviation segment, administrative segment, Mining segment, Water treatment and distribution segment, ICT services, and Maintenance, repairs, and overhaul segment.
89GF Score

Get the complete analysis for PHS:MAC

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

₱3.89
Price
₱5.65
GF Value