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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 Nitro Games's Debt-to-EBITDA or its related term are showing as below:
OSTO:NITRO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.58 Med: -0.56 Max: 1.97
Current: 1.97
During the past 11 years, the highest Debt-to-EBITDA Ratio of Nitro Games was 1.97. The lowest was -1.58. And the median was -0.56.
OSTO:NITRO's Debt-to-EBITDA is ranked worse than 72% of 300
companies
in the Interactive Media industry
Industry Median: 0.62
vs OSTO:NITRO: 1.97
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.
Nitro Games Debt-to-EBITDA Related Terms
Nitro Games Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Nitro Games'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.
OSTO:NITRO vs NTES, EA, TTWO: Debt-to-EBITDA Comparison
For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.
Nitro Games Debt-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nitro Games's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Nitro Games's Debt-to-EBITDA falls into.
* 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 four times the quarterly (Mar. 2026) EBITDA data.
Nitro Games (OSTO:NITRO) has a Debt-to-EBITDA of 1.90 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Nitro Games. According to the industry distribution chart, Nitro Games ranks #216 out of 300 companies in the Interactive Media industry, placing it in the top 72%.
Is Nitro Games' Debt-to-EBITDA too high?
Nitro Games' current Debt-to-EBITDA is 1.90. The Interactive Media industry median Debt-to-EBITDA is 0.62. Nitro Games' value of 1.90 is 206.5% above this industry median. Based on the distribution chart, Nitro Games ranks #216 out of 300 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Nitro Games has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #216 out of 300 companies for Debt-to-EBITDA. This places Nitro Games in the lower half of its industry. The industry median Debt-to-EBITDA is 0.62. Nitro Games' value of 1.90 is 206.5% above 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 0.62, based on 300 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. Nitro Games's current Debt-to-EBITDA of 1.90 is 206.5% 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 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 Nitro Games. For the Interactive Media industry, the median Debt-to-EBITDA is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current Debt-to-EBITDA is 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.41, compared to a current price of kr2.29 — trading 62.4% above its estimated fair value. The current Debt-to-EBITDA is 1.90 and 206.5% above the Interactive Media industry median of 0.62. Nitro Games' overall GF Score™ is 64/100 with 8 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 Nitro Games (OSTO:NITRO), the current Debt-to-EBITDA is 1.90 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?
Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued.
The current stock price of kr2.29 is trading 62.4% above its estimated GF Value™ of kr1.41.
GuruFocus considers Nitro Games to be Significantly Overvalued.
Key valuation signals for OSTO:NITRO:
Debt-to-EBITDA: 1.90
GF Value™: kr1.41 vs. price of kr2.29 (62.4% above fair value)
Industry Position: 206.5% above the Interactive Media median (#216 of 300)
No single metric tells the full story. See the OSTO:NITRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
64GF Score
Get the complete analysis for OSTO:NITRO
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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