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Nitro GamesOSTO:NITRO -4.00%61 Debt-to-Equity is 0.44 as of Jun. 2026, which is 53% below its 10-year median of 0.94. GuruFocus rates OSTO:NITRO with a GF Score™ of 61/100 and a GF Value™ of kr1.32 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 410 Interactive Media companies, Nitro Games ranks worse than 76.59% on this metric.
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 Nitro Games's Debt-to-Equity or its related term are showing as below:
OSTO:NITRO'
s Debt-to-Equity Range Over the Past 10 Years
Min: -9.23 Med: 0.94 Max: 11.53
Current: 0.44
During the past 11 years, the highest Debt-to-Equity Ratio of Nitro Games was 11.53. The lowest was -9.23. And the median was 0.94.
OSTO:NITRO's Debt-to-Equity is ranked worse than 76.59% of 410
companies
in the Interactive Media industry
Industry Median: 0.145
vs OSTO:NITRO: 0.44
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.
Nitro Games Debt-to-Equity Related Terms
Nitro Games Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Nitro Games'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.
OSTO:NITRO vs NTES, EA, TTWO: Debt-to-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.
Nitro Games Debt-to-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nitro Games's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Nitro Games'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.
Nitro Games (OSTO:NITRO) has a Debt-to-Equity of 0.44 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Nitro Games and its competitors. This is 53% below median its historical median of 0.94. According to the industry distribution chart, Nitro Games ranks #314 out of 410 companies in the Interactive Media industry, placing it in the top 76.6%.
Is Nitro Games' Debt-to-Equity too high?
Nitro Games' current Debt-to-Equity of 0.44 is 53% below median its 10-year median of 0.94. The Interactive Media industry median Debt-to-Equity is 0.15. Nitro Games' value of 0.44 is 203.4% above this industry median. Based on the distribution chart, Nitro Games ranks #314 out of 410 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Nitro Games has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' Debt-to-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #314 out of 410 companies for Debt-to-Equity. This places Nitro Games in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Nitro Games' value of 0.44 is 203.4% above this benchmark. While the company's 10-year median is 0.94 vs. the industry median of 0.15, Nitro Games 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 0.15, based on 410 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. Nitro Games's current Debt-to-Equity of 0.44 is 203.4% 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 Nitro Games and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current Debt-to-Equity is 0.44, which is 53% below median its own 10-year median of 0.94. 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 kr1.32, compared to a current price of kr1.92 — trading 45.5% above its estimated fair value. The current Debt-to-Equity is 0.44, which is 53% below median its 10-year median of 0.94 and 203.4% above the Interactive Media industry median of 0.15. Nitro Games' overall GF Score™ is 61/100 with 4 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 Nitro Games (OSTO:NITRO), the current Debt-to-Equity is 0.44 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?
Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued.
The current stock price of kr1.92 is trading 45.5% above its estimated GF Value™ of kr1.32.
GuruFocus considers Nitro Games to be Significantly Overvalued.
Key valuation signals for OSTO:NITRO:
Debt-to-Equity: 0.44 (53% below median its 10-year median of 0.94)
GF Value™: kr1.32 vs. price of kr1.92 (45.5% above fair value)
Industry Position: 203.4% above the Interactive Media median (#314 of 410)
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.
61GF Score
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