PlaySide Studios (ASX:PLY) Debt-to-EBITDA : 0.04 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ASX:PLY PlaySide Studios Ltd ASX:PLY
26 GF Score
Price A$0.11
GF Value A$0.45
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is PlaySide Studios Debt-to-EBITDA?

PlaySide Studios ASX:PLY -4.35% 26 Debt-to-EBITDA is 0.04 as of Dec. 2025. GuruFocus rates ASX:PLY with a GF Score™ of 26/100 and a GF Value™ of A$0.45 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 305 Interactive Media companies, PlaySide Studios ranks better than 76.07% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

PlaySide Studios's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.65 Mil. PlaySide Studios's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.06 Mil. PlaySide Studios's annualized EBITDA for the quarter that ended in Dec. 2025 was A$19.16 Mil. PlaySide Studios's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.04.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for PlaySide Studios's Debt-to-EBITDA or its related term are showing as below:

ASX:PLY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.56   Med: -0.18   Max: 0.34
Current: 0.12

During the past 6 years, the highest Debt-to-EBITDA Ratio of PlaySide Studios was 0.34. The lowest was -0.56. And the median was -0.18.

ASX:PLY's Debt-to-EBITDA is ranked better than
76.07% of 305 companies
in the Interactive Media industry
Industry Median: 0.67 vs ASX:PLY: 0.12

PlaySide Studios  (ASX:PLY) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


PlaySide Studios Debt-to-EBITDA Related Terms


PlaySide Studios Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PlaySide Studios's Debt-to-EBITDA 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.

PlaySide Studios Debt-to-EBITDA Chart

PlaySide Studios Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.23 0.34 -0.56 0.13 -0.18

PlaySide Studios Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.30 -0.27 -0.16 0.04

ASX:PLY vs NTES, EA, TTWO: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, PlaySide Studios's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


PlaySide Studios Debt-to-EBITDA vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, PlaySide Studios's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PlaySide Studios's Debt-to-EBITDA falls into.


ASX:PLY
26GF Score
PlaySide Studios Ltd ASX:PLY
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PlaySide Studios Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

PlaySide Studios's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.94 + 0.232) / -6.636
=-0.18

PlaySide Studios's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.649 + 0.059) / 19.156
=0.04

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.04 mean?
PlaySide Studios (ASX:PLY) has a Debt-to-EBITDA of 0.04 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PlaySide Studios. According to the industry distribution chart, PlaySide Studios ranks #73 out of 305 companies in the Interactive Media industry, placing it in the top 23.9%.
Is PlaySide Studios' Debt-to-EBITDA too high?
PlaySide Studios' current Debt-to-EBITDA is 0.04. The Interactive Media industry median Debt-to-EBITDA is 0.67. PlaySide Studios' value of 0.04 is 94% below this industry median. Based on the distribution chart, PlaySide Studios ranks #73 out of 305 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, PlaySide Studios has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PlaySide Studios' Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, PlaySide Studios ranks #73 out of 305 companies for Debt-to-EBITDA. This places PlaySide Studios in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 0.67. PlaySide Studios' value of 0.04 is 94% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Interactive Media company?
The median Debt-to-EBITDA among Interactive Media companies is 0.67, based on 305 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PlaySide Studios's current Debt-to-EBITDA of 0.04 is 94% 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PlaySide Studios. For the Interactive Media industry, the median Debt-to-EBITDA is 0.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PlaySide Studios's current Debt-to-EBITDA is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PlaySide Studios stock overvalued right now?
Based on GuruFocus' analysis, PlaySide Studios (ASX:PLY) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.45, compared to a current price of A$0.11 — trading 75.6% below its estimated fair value. The current Debt-to-EBITDA is 0.04 and 94% below the Interactive Media industry median of 0.67. PlaySide Studios' overall GF Score™ is 26/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For PlaySide Studios (ASX:PLY), the current Debt-to-EBITDA is 0.04 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 PlaySide Studios (ASX:PLY) Overvalued in 2026?

Based on GuruFocus' analysis, PlaySide Studios stock appears to be undervalued. The current stock price of A$0.11 is trading 75.6% below its estimated GF Value™ of A$0.45. GuruFocus considers PlaySide Studios to be Possible Value Trap.

Key valuation signals for ASX:PLY:

  • Debt-to-EBITDA: 0.04
  • GF Value™: A$0.45 vs. price of A$0.11 (75.6% below fair value)
  • GF Score™: 26/100 with 3 warning signs
  • Industry Position: 94% below the Interactive Media median (#73 of 305)

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


PlaySide Studios Business Description

Other Exchanges QJ9:Germany
Address 75 Crockford Street, Level 1, Port Melbourne, Melbourne, VIC, AUS, 3207
PlaySide Studios Ltd is a video game developer in Australia. The company delivers games across four platforms: Mobile, Virtual Reality (VR), Augmented Reality (AR), and PC. Some of its games include Ghost Pop, Flush Force, Defend the Bits, Dumb Ways to Dash, and many others. The company has one reportable segment, the development and monetization of mobile, PC, and console video games.
26GF Score

Get the complete analysis for ASX:PLY

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

A$0.11
Price
A$0.45
GF Value