Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Forever EntertainmentWAR:FOR 74 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates WAR:FOR with a GF Score™ of 74/100 and a GF Value™ of zł3.41 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 557 Interactive Media companies, Forever Entertainment ranks worse than 63.38% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Forever Entertainment's cash to debt ratio for the quarter that ended in Jun. 2026 was No Debt (1).
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Forever Entertainmentcould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
The historical rank and industry rank for Forever Entertainment's Cash-to-Debt or its related term are showing as below:
WAR:FOR'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: No Debt Max: No Debt
Current: 1.95
During the past 13 years, Forever Entertainment's highest Cash to Debt Ratio was No Debt. The lowest was 0.12. And the median was No Debt.
WAR:FOR's Cash-to-Debt is ranked worse than 63.38% of 557
companies
in the Interactive Media industry
Industry Median: 4.75
vs WAR:FOR: 1.95
Forever Entertainment (WAR:FOR) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Forever Entertainment Cash-to-Debt Related Terms
Forever Entertainment Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Forever Entertainment's Cash-to-Debt 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: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
WAR:FOR vs NTES, TTWO, RBLX: Cash-to-Debt Comparison
For the Electronic Gaming & Multimedia subindustry, Forever Entertainment's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
Forever Entertainment Cash-to-Debt vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Forever Entertainment's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Forever Entertainment's Cash-to-Debt falls into.
Forever Entertainment's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
Forever Entertainment had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
Forever Entertainment (WAR:FOR) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, Forever Entertainment's Cash-to-Debt has ranged from 0.12 to 10,000.00. According to the industry distribution chart, Forever Entertainment ranks #353 out of 557 companies in the Interactive Media industry, placing it in the top 63.4%.
Is Forever Entertainment's Cash-to-Debt too high?
Forever Entertainment's current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 10,000.00. Based on the distribution chart, Forever Entertainment ranks #353 out of 557 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Forever Entertainment has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Forever Entertainment's Cash-to-Debt compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Forever Entertainment ranks #353 out of 557 companies for Cash-to-Debt. This places Forever Entertainment in the lower half of its industry. The industry median Cash-to-Debt is 4.75. Historically, Forever Entertainment's own Cash-to-Debt has ranged from 0.12 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Interactive Media company?
The median Cash-to-Debt among Interactive Media companies is 4.75, based on 557 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt 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 Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median Cash-to-Debt is 4.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forever Entertainment's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forever Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Forever Entertainment (WAR:FOR) is currently considered Modestly Undervalued. The stock's GF Value™ is zł3.41, compared to a current price of zł2.48 — trading 27.3% below its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Forever Entertainment's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Forever Entertainment (WAR:FOR), the current Cash-to-Debt is No Debt (1) as of Jun. 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 Forever Entertainment (WAR:FOR) Overvalued in 2026?
Based on GuruFocus' analysis, Forever Entertainment stock appears to be undervalued.
The current stock price of zł2.48 is trading 27.3% below its estimated GF Value™ of zł3.41.
GuruFocus considers Forever Entertainment to be Modestly Undervalued.
Key valuation signals for WAR:FOR:
Cash-to-Debt: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: zł3.41 vs. price of zł2.48 (27.3% below fair value)
No single metric tells the full story. See the WAR:FOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forever Entertainment SA is an entertainment company that designs and manufactures computer game for different platforms. The company's games, such as Startioe, Not Dying Today, The Final Take, Zombillie, Teddy Floppy Ear, among others.
74GF Score
Get the complete analysis for WAR:FOR
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:FOR has been successfully added to your 
