Firy (MEX:FIRY) Debt-to-Equity: 1.26 (As of Mar. 2026) — 85% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

MEX:FIRY Firy Inc MEX:FIRY
43 GF Score
Price MXN179.00
GF Value MXN250.80
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Firy Debt-to-Equity?

Firy MEX:FIRY 43 Debt-to-Equity is 1.26 as of Mar. 2026, which is 85% above its 10-year median of 0.68. GuruFocus rates MEX:FIRY with a GF Score™ of 43/100 and a GF Value™ of MXN250.80 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 407 Interactive Media companies, Firy ranks worse than 90.91% on this metric.

Firy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN2,318 Mil. Firy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was MXN10 Mil. Firy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was MXN1,843 Mil. Firy's debt to equity for the quarter that ended in Mar. 2026 was 1.26.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

MEX:FIRY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.68   Max: 1.26
Current: 1.26

During the past 8 years, the highest Debt-to-Equity Ratio of Firy was 1.26. The lowest was 0.01. And the median was 0.68.

MEX:FIRY's Debt-to-Equity is ranked worse than
90.91% of 407 companies
in the Interactive Media industry
Industry Median: 0.13 vs MEX:FIRY: 1.26

Firy  (MEX:FIRY) Debt-to-Equity Explanation

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


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Firy Debt-to-Equity Related Terms


Firy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Firy's Debt-to-Equity 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.

Firy Debt-to-Equity Chart

Firy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.49 1.04 0.65 0.79 1.15

Firy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.87 0.90 1.01 1.15 1.26

MEX:FIRY vs CTW, MYPS, GCL: Debt-to-Equity Comparison

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


Firy Debt-to-Equity vs Interactive Media Industry

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

* The bar in red indicates where Firy's Debt-to-Equity falls into.


MEX:FIRY
43GF Score
Firy Inc MEX:FIRY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Firy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Firy's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Firy's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.26 mean?
Firy (MEX:FIRY) has a Debt-to-Equity of 1.26 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Firy and its competitors. This is 85% above median its historical median of 0.68. Over the past decade, Firy's Debt-to-Equity has ranged from 0.01 to 1.26. According to the industry distribution chart, Firy ranks #370 out of 407 companies in the Interactive Media industry, placing it in the top 90.9%.
Is Firy's Debt-to-Equity too high?
Firy's current Debt-to-Equity of 1.26 is 85% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.26. The Interactive Media industry median Debt-to-Equity is 0.13. Firy's value of 1.26 is 869.2% above this industry median. Based on the distribution chart, Firy ranks #370 out of 407 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Firy has a GF Score™ of 43/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Firy's Debt-to-Equity compare to CTW and MYPS?
According to the Interactive Media industry distribution chart, Firy ranks #370 out of 407 companies for Debt-to-Equity. This places Firy in the lower half of its industry. The industry median Debt-to-Equity is 0.13. Firy's value of 1.26 is 869.2% above this benchmark. Historically, Firy's own Debt-to-Equity has ranged from 0.01 to 1.26 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.13, Firy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Interactive Media company?
The median Debt-to-Equity among Interactive Media companies is 0.13, based on 407 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Firy's current Debt-to-Equity of 1.26 is 869.2% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Firy and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firy's current Debt-to-Equity is 1.26, which is 85% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firy stock overvalued right now?
Based on GuruFocus' analysis, Firy (MEX:FIRY) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN250.80, compared to a current price of MXN179.00 — trading 28.6% below its estimated fair value. The current Debt-to-Equity is 1.26, which is 85% above median its 10-year median of 0.68 and 869.2% above the Interactive Media industry median of 0.13. Firy's overall GF Score™ is 43/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Firy (MEX:FIRY), the current Debt-to-Equity is 1.26 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 Firy (MEX:FIRY) Overvalued in 2026?

Based on GuruFocus' analysis, Firy stock appears to be undervalued. The current stock price of MXN179.00 is trading 28.6% below its estimated GF Value™ of MXN250.80. GuruFocus considers Firy to be Modestly Undervalued.

Key valuation signals for MEX:FIRY:

  • Debt-to-Equity: 1.26 (85% above median its 10-year median of 0.68)
  • GF Value™: MXN250.80 vs. price of MXN179.00 (28.6% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 869.2% above the Interactive Media median (#370 of 407)

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


Firy Business Description

Other Exchanges FIRY:USA
Address 6625 Badura Avenue, Las Vegas, NV, USA, 89118
Firy Inc, formerly Skillz Inc is a two-sided mobile gaming platform that connects developers with competitive players. Its reportable segments are: the Skillz segment and the RZR segment. Skillz segment's highlights include Monetize Through Competitions, Player Matching, Cross-Platform Support, Comprehensive Analytics, and Focus on Game Development. Aarki is a performance marketing platform that enables advertisers to acquire, retain, and monetize users across mobile, connected television (CTV), and other digital channels. Some of the games available on its platform are Dominoes Gold, Blackout Bingo, 21 Blitz, and Solitaire Cube, among others. It generates the majority of its revenue from the Skillz segment. Geographically, the company derives its key revenue from the United States.
43GF Score

Get the complete analysis for MEX:FIRY

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

MXN179.00
Price
MXN250.80
GF Value