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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 Trophy Games Development AS's Debt-to-Equity or its related term are showing as below:
During the past 7 years, the highest Debt-to-Equity Ratio of Trophy Games Development AS was 0.60. The lowest was 0.00. And the median was 0.30.
OCSE:TGAMES's Debt-to-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 0.13 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Trophy Games Development AS Debt-to-Equity Related Terms
Trophy Games Development AS Debt-to-Equity Historical Data
* 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.
OCSE:TGAMES vs NTES, EA, TTWO: Debt-to-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Trophy Games Development AS'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.
Trophy Games Development AS Debt-to-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Trophy Games Development AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Trophy Games Development AS's Debt-to-Equity 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.
Trophy Games Development AS (OCSE:TGAMES) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Trophy Games Development AS and its competitors. According to the industry distribution chart, Trophy Games Development AS ranks #999999 out of 407 companies in the Interactive Media industry.
Is Trophy Games Development AS's Debt-to-Equity too high?
Trophy Games Development AS's current Debt-to-Equity is 0.00. Based on the distribution chart, Trophy Games Development AS ranks #999999 out of 407 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Trophy Games Development AS has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Trophy Games Development AS's Debt-to-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Trophy Games Development AS ranks #999999 out of 407 companies for Debt-to-Equity. This places Trophy Games Development AS in the lower half of its industry. The industry median Debt-to-Equity is 0.13. 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. 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 Trophy Games Development AS 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. Trophy Games Development AS's current Debt-to-Equity 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 Trophy Games Development AS stock overvalued right now?
Based on GuruFocus' analysis, Trophy Games Development AS (OCSE:TGAMES) is currently considered Fairly Valued. The stock's GF Value™ is kr13.89, compared to a current price of kr14.00 — trading 0.8% above its estimated fair value. The current Debt-to-Equity is 0.00. Trophy Games Development AS's overall GF Score™ is 92/100 with 2 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 Trophy Games Development AS (OCSE:TGAMES), the current Debt-to-Equity is 0.00 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 Trophy Games Development AS (OCSE:TGAMES) Overvalued in 2026?
Based on GuruFocus' analysis, Trophy Games Development AS stock appears to be overvalued.
The current stock price of kr14.00 is trading 0.8% above its estimated GF Value™ of kr13.89.
GuruFocus considers Trophy Games Development AS to be Fairly Valued.
Key valuation signals for OCSE:TGAMES:
Debt-to-Equity: 0.00
GF Value™: kr13.89 vs. price of kr14.00 (0.8% above fair value)
No single metric tells the full story. See the OCSE:TGAMES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trophy Games Development AS is a Denmark-based company that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam, and browser.
92GF Score
Get the complete analysis for OCSE:TGAMES
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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