Art Games Studio (STU:223) Debt-to-EBITDA : 0.00 (As of Mar. 2026)

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.

STU:223 Art Games Studio SA STU:223
55 GF Score
Price €0.12
GF Value €0.15
! 3 Warning Signs
View Full Analysis

What is Art Games Studio Debt-to-EBITDA?

Art Games Studio STU:223 55 Debt-to-EBITDA is 0.00 as of Mar. 2026. GuruFocus rates STU:223 with a GF Score™ of 55/100 and a GF Value™ of €0.15. The stock has 3 warning signs investors should review. Among 298 Interactive Media companies, Art Games Studio ranks worse than 335570.13% on this metric.

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

Art Games Studio's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0.00 Mil. Art Games Studio's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0.00 Mil. Art Games Studio's annualized EBITDA for the quarter that ended in Mar. 2026 was €-0.07 Mil. Art Games Studio's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.00.

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 Art Games Studio's Debt-to-EBITDA or its related term are showing as below:

STU:223's Debt-to-EBITDA is not ranked *
in the Interactive Media industry.
Industry Median: 0.615
* Ranked among companies with meaningful Debt-to-EBITDA only.

Art Games Studio  (STU:223) 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.


Art Games Studio Debt-to-EBITDA Related Terms


Art Games Studio Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Art Games Studio'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.

Art Games Studio Debt-to-EBITDA Chart

Art Games Studio Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Art Games Studio Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 0.00 0.00 0.00 0.00 0.00

STU:223 vs NTES, EA, TTWO: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Art Games Studio'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.


Art Games Studio Debt-to-EBITDA vs Interactive Media Industry

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

* The bar in red indicates where Art Games Studio's Debt-to-EBITDA falls into.


STU:223
55GF Score
Art Games Studio SA STU:223
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Art Games Studio Debt-to-EBITDA Calculation

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

Art Games Studio's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Art Games Studio's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.068
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
Art Games Studio (STU:223) has a Debt-to-EBITDA of 0.00 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 Art Games Studio. According to the industry distribution chart, Art Games Studio ranks #999999 out of 298 companies in the Interactive Media industry.
Is Art Games Studio's Debt-to-EBITDA too high?
Art Games Studio's current Debt-to-EBITDA is 0.00. Based on the distribution chart, Art Games Studio ranks #999999 out of 298 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Art Games Studio has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Art Games Studio's Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, Art Games Studio ranks #999999 out of 298 companies for Debt-to-EBITDA. This places Art Games Studio in the lower half of its industry. The industry median Debt-to-EBITDA is 0.62. 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 298 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. 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 Art Games Studio. 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. Art Games Studio's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Art Games Studio stock overvalued right now?
Art Games Studio (STU:223) has a current Debt-to-EBITDA of 0.00. The stock's GF Value™ is €0.15, compared to a current price of €0.12 — trading 22.7% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Art Games Studio's overall GF Score™ is 55/100 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 Art Games Studio (STU:223), the current Debt-to-EBITDA is 0.00 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 Art Games Studio (STU:223) Overvalued in 2026?

Based on GuruFocus' analysis, Art Games Studio stock appears to be undervalued. The current stock price of €0.12 is trading 22.7% below its estimated GF Value™ of €0.15.

Key valuation signals for STU:223:

  • Debt-to-EBITDA: 0.00
  • GF Value™: €0.15 vs. price of €0.12 (22.7% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the STU:223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Art Games Studio Business Description

Other Exchanges ARG:Poland
Address ul. Powazkowska 15, Warsaw, POL, 01-797
Art Games Studio SA is a Poland-based company that operates in the video games market, specializing in the production and distribution of desktop games. The group has developed games such as Earthworms, Bad Dream: Fever, and Escape Doodland for sale. The company has made games available for IOS, Android, and other types of consoles.
55GF Score

Get the complete analysis for STU:223

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

€0.12
Price
€0.15
GF Value