Black Rose Projects (WAR:BRP) Debt-to-EBITDA : 0.00 (As of Jun. 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.

WAR:BRP Black Rose Projects SA WAR:BRP
32 GF Score
Price zł0.36
GF Value zł0.49
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Black Rose Projects Debt-to-EBITDA?

Black Rose Projects WAR:BRP +0.28% 32 Debt-to-EBITDA is 0.00 as of Jun. 2026. GuruFocus rates WAR:BRP with a GF Score™ of 32/100 and a GF Value™ of zł0.49 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 299 Interactive Media companies, Black Rose Projects ranks worse than 334447.83% on this metric.

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

Black Rose Projects's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was zł0.00 Mil. Black Rose Projects's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was zł0.00 Mil. Black Rose Projects's annualized EBITDA for the quarter that ended in Jun. 2026 was zł-0.36 Mil. Black Rose Projects's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 Black Rose Projects's Debt-to-EBITDA or its related term are showing as below:

WAR:BRP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.59   Med: -0.37   Max: -0.16
Current: -0.26

During the past 6 years, the highest Debt-to-EBITDA Ratio of Black Rose Projects was -0.16. The lowest was -0.59. And the median was -0.37.

WAR:BRP's Debt-to-EBITDA is ranked worse than
100% of 299 companies
in the Interactive Media industry
Industry Median: 0.7 vs WAR:BRP: -0.26

Black Rose Projects  (WAR:BRP) 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.


Black Rose Projects Debt-to-EBITDA Related Terms


Black Rose Projects Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Black Rose Projects'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.

Black Rose Projects Debt-to-EBITDA Chart

Black Rose Projects Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 0.00 -0.59 -0.16

Black Rose Projects Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.07 0.00 0.00

WAR:BRP vs NTES, TTWO, RBLX: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, Black Rose Projects'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.


Black Rose Projects Debt-to-EBITDA vs Interactive Media Industry

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

* The bar in red indicates where Black Rose Projects's Debt-to-EBITDA falls into.


WAR:BRP
32GF Score
Black Rose Projects SA WAR:BRP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Black Rose Projects Debt-to-EBITDA Calculation

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

Black Rose Projects's Debt-to-EBITDA for the fiscal year 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
=(0.267 + 0) / -1.719
=-0.16

Black Rose Projects's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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) / -0.364
=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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
Black Rose Projects (WAR:BRP) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Black Rose Projects. According to the industry distribution chart, Black Rose Projects ranks #999999 out of 299 companies in the Interactive Media industry.
Is Black Rose Projects' Debt-to-EBITDA too high?
Black Rose Projects' current Debt-to-EBITDA is 0.00. Based on the distribution chart, Black Rose Projects ranks #999999 out of 299 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Black Rose Projects has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Black Rose Projects' Debt-to-EBITDA compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Black Rose Projects ranks #999999 out of 299 companies for Debt-to-EBITDA. This places Black Rose Projects in the lower half of its industry. The industry median Debt-to-EBITDA is 0.70. 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 0.70, based on 299 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 Black Rose Projects. For the Interactive Media industry, the median Debt-to-EBITDA is 0.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Rose Projects'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 Black Rose Projects stock overvalued right now?
Based on GuruFocus' analysis, Black Rose Projects (WAR:BRP) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.49, compared to a current price of zł0.36 — trading 27.1% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Black Rose Projects' overall GF Score™ is 32/100 with 7 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 Black Rose Projects (WAR:BRP), the current Debt-to-EBITDA is 0.00 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 Black Rose Projects (WAR:BRP) Overvalued in 2026?

Based on GuruFocus' analysis, Black Rose Projects stock appears to be undervalued. The current stock price of zł0.36 is trading 27.1% below its estimated GF Value™ of zł0.49. GuruFocus considers Black Rose Projects to be Modestly Undervalued.

Key valuation signals for WAR:BRP:

  • Debt-to-EBITDA: 0.00
  • GF Value™: zł0.49 vs. price of zł0.36 (27.1% below fair value)
  • GF Score™: 32/100 with 7 warning signs

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


Black Rose Projects Business Description

Address Tysiaclecia 1A, Dabrowa Gornicza, POL, 41-300
Black Rose Projects SA develops porting computer and mobile games. It offers porting games for the PC platforms, Nintendo Switch, and PlayStation 4 consoles. Its services include porting, publishing, and managing the sales of given projects.
32GF Score

Get the complete analysis for WAR:BRP

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

zł0.36
Price
zł0.49
GF Value