Ovid Works (WAR:OVI) Debt-to-Equity: 0.52 (As of Jun. 2026) — 15% Below Median

Author: Vera Yuan Vera Yuan
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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.
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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:OVI Ovid Works SA WAR:OVI
41 GF Score
Price zł0.32
GF Value zł0.53
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Ovid Works Debt-to-Equity?

Ovid Works WAR:OVI -2.44% 41 Debt-to-Equity is 0.52 as of Jun. 2026, which is 15% below its 10-year median of 0.61. GuruFocus rates WAR:OVI with a GF Score™ of 41/100 and a GF Value™ of zł0.53 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 412 Interactive Media companies, Ovid Works ranks worse than 99.51% on this metric.

Ovid Works's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was zł0.58 Mil. Ovid Works's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was zł0.58 Mil. Ovid Works's Total Stockholders Equity for the quarter that ended in Jun. 2026 was zł2.23 Mil. Ovid Works's debt to equity for the quarter that ended in Jun. 2026 was 0.52.

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 Ovid Works's Debt-to-Equity or its related term are showing as below:

WAR:OVI' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.36   Med: 0.61   Max: 42.7
Current: 42.7

During the past 7 years, the highest Debt-to-Equity Ratio of Ovid Works was 42.70. The lowest was -4.36. And the median was 0.61.

WAR:OVI's Debt-to-Equity is ranked worse than
99.51% of 412 companies
in the Interactive Media industry
Industry Median: 0.135 vs WAR:OVI: 42.70

Ovid Works  (WAR:OVI) 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.


Ovid Works Debt-to-Equity Related Terms


Ovid Works Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ovid Works'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.

Ovid Works Debt-to-Equity Chart

Ovid Works Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.04 1.06 0.92 0.00 1.26

Ovid Works Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.27 1.26 42.20 0.52

WAR:OVI vs NTES, TTWO, RBLX: Debt-to-Equity Comparison

For the Electronic Gaming & Multimedia subindustry, Ovid Works'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.


Ovid Works Debt-to-Equity vs Interactive Media Industry

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

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


WAR:OVI
41GF Score
Ovid Works SA WAR:OVI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ovid Works Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Ovid Works's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.52 mean?
Ovid Works (WAR:OVI) has a Debt-to-Equity of 0.52 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ovid Works and its competitors. This is 15% below median its historical median of 0.61. According to the industry distribution chart, Ovid Works ranks #410 out of 412 companies in the Interactive Media industry, placing it in the top 99.5%.
Is Ovid Works' Debt-to-Equity too high?
Ovid Works' current Debt-to-Equity of 0.52 is 15% below median its 10-year median of 0.61. The Interactive Media industry median Debt-to-Equity is 0.14. Ovid Works' value of 0.52 is 285.2% above this industry median. Based on the distribution chart, Ovid Works ranks #410 out of 412 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Ovid Works has a GF Score™ of 41/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ovid Works' Debt-to-Equity compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Ovid Works ranks #410 out of 412 companies for Debt-to-Equity. This places Ovid Works in the lower half of its industry. The industry median Debt-to-Equity is 0.14. Ovid Works' value of 0.52 is 285.2% above this benchmark. While the company's 10-year median is 0.61 vs. the industry median of 0.14, Ovid Works 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 0.14, based on 412 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. Ovid Works's current Debt-to-Equity of 0.52 is 285.2% 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 Ovid Works and its competitors. For the Interactive Media industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovid Works's current Debt-to-Equity is 0.52, which is 15% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovid Works stock overvalued right now?
Based on GuruFocus' analysis, Ovid Works (WAR:OVI) is currently considered Possible Value Trap. The stock's GF Value™ is zł0.53, compared to a current price of zł0.32 — trading 39.6% below its estimated fair value. The current Debt-to-Equity is 0.52, which is 15% below median its 10-year median of 0.61 and 285.2% above the Interactive Media industry median of 0.14. Ovid Works' overall GF Score™ is 41/100 with 6 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 Ovid Works (WAR:OVI), the current Debt-to-Equity is 0.52 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 Ovid Works (WAR:OVI) Overvalued in 2026?

Based on GuruFocus' analysis, Ovid Works stock appears to be undervalued. The current stock price of zł0.32 is trading 39.6% below its estimated GF Value™ of zł0.53. GuruFocus considers Ovid Works to be Possible Value Trap.

Key valuation signals for WAR:OVI:

  • Debt-to-Equity: 0.52 (15% below median its 10-year median of 0.61)
  • GF Value™: zł0.53 vs. price of zł0.32 (39.6% below fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 285.2% above the Interactive Media median (#410 of 412)

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


Ovid Works Business Description

Address ul. Dobra 4 m.10, Warsaw, POL, 00-388
Ovid Works SA is an independent video game studio. The firm is engaged in producing games for PC, consoles, and VR. Some of its games are Interkosmos and Metamorphosis among others.
41GF Score

Get the complete analysis for WAR:OVI

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

zł0.32
Price
zł0.53
GF Value