MSGE (Madison Square Garden Entertainment) Interest Expense: $-43 Mil (TTM As of Mar. 2026)

What is Madison Square Garden Entertainment Interest Expense?

Madison Square Garden Entertainment MSGE -1.37% 68 Interest Expense is $-43 Mil as of Mar. 2026. GuruFocus rates MSGE with a GF Score™ of 68/100 and a GF Value™ of $43.16 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Madison Square Garden Entertainment's interest expense for the three months ended in Mar. 2026 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-43 Mil.

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

Madison Square Garden Entertainment (NYSE:MSGE) Interest Expense Explanation

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

Madison Square Garden Entertainment's Interest Expense for the three months ended in Mar. 2026 was $-9 Mil. Its Operating Income for the three months ended in Mar. 2026 was $25 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $1,112 Mil.

Madison Square Garden Entertainment's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	24.724	/	-9.421
	=	2.62

* 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.

Madison Square Garden Entertainment Interest Expense Historical Data

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The historical data trend for Madison Square Garden Entertainment's Interest Expense can be seen below:

Madison Square Garden Entertainment Interest Expense Chart

Madison Square Garden Entertainment Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Interest Expense

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-33.74

-53.11

-51.87

-57.95

-50.51

Madison Square Garden Entertainment Quarterly Data
	Jun21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial													-11.80	-11.71	-11.03	-10.42	-9.42

68GF Score

Madison Square Garden Entertainment Corp MSGE

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Madison Square Garden Entertainment Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-43 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-43 Mil mean?

Madison Square Garden Entertainment (MSGE) has a Interest Expense of $-43 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Madison Square Garden Entertainment and its competitors.

Is Madison Square Garden Entertainment's Interest Expense too high?

Madison Square Garden Entertainment's current Interest Expense is $-43 Mil. Overall, Madison Square Garden Entertainment has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Madison Square Garden Entertainment's Interest Expense compare to CNK and MANU?

Madison Square Garden Entertainment's Interest Expense of $-43 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Media - Diversified company?

A good Interest Expense depends on the Media - Diversified industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Madison Square Garden Entertainment and its competitors. Madison Square Garden Entertainment's current Interest Expense is $-43 Mil. 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 $43.16, compared to a current price of $78.39 — trading 81.6% above its estimated fair value. The current Interest Expense is $-43 Mil. Madison Square Garden Entertainment's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Madison Square Garden Entertainment (MSGE), the current Interest Expense is $-43 Mil 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 $78.39 is trading 81.6% above its estimated GF Value™ of $43.16. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

Interest Expense: $-43 Mil
GF Value™: $43.16 vs. price of $78.39 (81.6% above fair value)
GF Score™: 68/100 with 8 warning signs

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

Industry Communication Services Media - Diversified

Comparable Companies CNK MANU BATRA LION VSNT IMAX AMC SPHR IQ MCS NFLX DIS WBD LYV XAMS:UMG FWONA FOXA ROKU TKO NWSA

Address Two Penn Plaza, New York, NY, USA, 10121

Website https://www.msgentertainment.com

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.

68GF Score

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$78.39

Price

$43.16

GF Value

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