Artifex Mundi (WAR:ART) Debt-to-Equity: 0.04 (As of Mar. 2026) — Near Median

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:ART Artifex Mundi SA WAR:ART
95 GF Score
Price zł21.50
GF Value zł19.65
Valuation Fairly Valued
! 9 Warning Signs
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What is Artifex Mundi Debt-to-Equity?

Artifex Mundi WAR:ART 95 Debt-to-Equity is 0.04 as of Mar. 2026, which is at its 10-year median of 0.04. GuruFocus rates WAR:ART with a GF Score™ of 95/100 and a GF Value™ of zł19.65 (Fairly Valued). The stock has 9 warning signs investors should review. Among 413 Interactive Media companies, Artifex Mundi ranks better than 74.58% on this metric.

Artifex Mundi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł0.69 Mil. Artifex Mundi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was zł4.16 Mil. Artifex Mundi's Total Stockholders Equity for the quarter that ended in Mar. 2026 was zł139.85 Mil. Artifex Mundi's debt to equity for the quarter that ended in Mar. 2026 was 0.03.

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 Artifex Mundi's Debt-to-Equity or its related term are showing as below:

WAR:ART' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.04   Max: 0.17
Current: 0.04

During the past 11 years, the highest Debt-to-Equity Ratio of Artifex Mundi was 0.17. The lowest was 0.00. And the median was 0.04.

WAR:ART's Debt-to-Equity is ranked better than
74.58% of 413 companies
in the Interactive Media industry
Industry Median: 0.13 vs WAR:ART: 0.04

Artifex Mundi  (WAR:ART) 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.


Artifex Mundi Debt-to-Equity Related Terms


Artifex Mundi Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Artifex Mundi'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.

Artifex Mundi Debt-to-Equity Chart

Artifex Mundi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.02 0.01 0.05 0.04

Artifex Mundi 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 0.05 0.04 0.04 0.04 0.04

WAR:ART vs NTES, EA, TTWO: Debt-to-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, Artifex Mundi'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.


Artifex Mundi Debt-to-Equity vs Interactive Media Industry

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

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


WAR:ART
95GF Score
Artifex Mundi SA WAR:ART
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Artifex Mundi Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Artifex Mundi'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 0.04 mean?
Artifex Mundi (WAR:ART) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Artifex Mundi and its competitors. This is near median its historical median of 0.04. According to the industry distribution chart, Artifex Mundi ranks #105 out of 413 companies in the Interactive Media industry, placing it in the top 25.4%.
Is Artifex Mundi's Debt-to-Equity too high?
Artifex Mundi's current Debt-to-Equity of 0.04 is near median its 10-year median of 0.04. The Interactive Media industry median Debt-to-Equity is 0.13. Artifex Mundi's value of 0.04 is 69.2% below this industry median. Based on the distribution chart, Artifex Mundi ranks #105 out of 413 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Artifex Mundi has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Artifex Mundi's Debt-to-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, Artifex Mundi ranks #105 out of 413 companies for Debt-to-Equity. This puts Artifex Mundi in the upper half of its industry. The industry median Debt-to-Equity is 0.13. Artifex Mundi's value of 0.04 is 69.2% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.13, Artifex Mundi has consistently been below 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 413 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. Artifex Mundi's current Debt-to-Equity of 0.04 is 69.2% below 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 Artifex Mundi 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. Artifex Mundi's current Debt-to-Equity is 0.04, which is near median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artifex Mundi stock overvalued right now?
Based on GuruFocus' analysis, Artifex Mundi (WAR:ART) is currently considered Fairly Valued. The stock's GF Value™ is zł19.65, compared to a current price of zł21.50 — trading 9.4% above its estimated fair value. The current Debt-to-Equity is 0.04, which is near median its 10-year median of 0.04 and 69.2% below the Interactive Media industry median of 0.13. Artifex Mundi's overall GF Score™ is 95/100 with 9 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 Artifex Mundi (WAR:ART), the current Debt-to-Equity is 0.04 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 Artifex Mundi (WAR:ART) Overvalued in 2026?

Based on GuruFocus' analysis, Artifex Mundi stock appears to be overvalued. The current stock price of zł21.50 is trading 9.4% above its estimated GF Value™ of zł19.65. GuruFocus considers Artifex Mundi to be Fairly Valued.

Key valuation signals for WAR:ART:

  • Debt-to-Equity: 0.04 (near median its 10-year median of 0.04)
  • GF Value™: zł19.65 vs. price of zł21.50 (9.4% above fair value)
  • GF Score™: 95/100 with 9 warning signs
  • Industry Position: 69.2% below the Interactive Media median (#105 of 413)

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


Artifex Mundi Business Description

Address Michala Archaniola 10, Zabrze, POL, 41-800
Artifex Mundi SA is a producer, co-producer and publisher of games for platforms including Android, iOS, Windows Phone, PC, Mac, Linux, Xbox One and PlayStation 4. Its business segments include Game segment premium, which includes the production of games monetyzowanych model try-before- you-buy and publishing activities and investment in the field of games monetyzowanych model try-before- you-buy.
95GF Score

Get the complete analysis for WAR:ART

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

zł21.50
Price
zł19.65
GF Value