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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 Varsav Game Studios's Debt-to-Equity or its related term are showing as below:
WAR:VAR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.17 Max: 0.33
Current: 0.24
During the past 13 years, the highest Debt-to-Equity Ratio of Varsav Game Studios was 0.33. The lowest was 0.03. And the median was 0.17.
WAR:VAR's Debt-to-Equity is ranked worse than 61.71% of 410
companies
in the Interactive Media industry
Industry Median: 0.13
vs WAR:VAR: 0.24
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.
Varsav Game Studios Debt-to-Equity Related Terms
Varsav Game Studios Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Varsav Game Studios'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.
WAR:VAR vs NTES, TTWO, RBLX: Debt-to-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, Varsav Game Studios'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.
Varsav Game Studios Debt-to-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Varsav Game Studios's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Varsav Game Studios'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.
Varsav Game Studios (WAR:VAR) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Varsav Game Studios and its competitors. Over the past decade, Varsav Game Studios' Debt-to-Equity has ranged from 0.03 to 0.33. According to the industry distribution chart, Varsav Game Studios ranks #253 out of 410 companies in the Interactive Media industry, placing it in the top 61.7%.
Is Varsav Game Studios' Debt-to-Equity too high?
Varsav Game Studios' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.33. Based on the distribution chart, Varsav Game Studios ranks #253 out of 410 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Varsav Game Studios has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Varsav Game Studios' Debt-to-Equity compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Varsav Game Studios ranks #253 out of 410 companies for Debt-to-Equity. This places Varsav Game Studios in the lower half of its industry. The industry median Debt-to-Equity is 0.13. Historically, Varsav Game Studios' own Debt-to-Equity has ranged from 0.03 to 0.33 over the past decade. 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 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. 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 Varsav Game Studios 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. Varsav Game Studios'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 Varsav Game Studios stock overvalued right now?
Based on GuruFocus' analysis, Varsav Game Studios (WAR:VAR) is currently considered Modestly Overvalued. The stock's GF Value™ is zł0.66, compared to a current price of zł0.84 — trading 27.3% above its estimated fair value. The current Debt-to-Equity is 0.00. Varsav Game Studios' overall GF Score™ is 54/100 with 8 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 Varsav Game Studios (WAR:VAR), the current Debt-to-Equity is 0.00 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 Varsav Game Studios (WAR:VAR) Overvalued in 2026?
Based on GuruFocus' analysis, Varsav Game Studios stock appears to be overvalued.
The current stock price of zł0.84 is trading 27.3% above its estimated GF Value™ of zł0.66.
GuruFocus considers Varsav Game Studios to be Modestly Overvalued.
Key valuation signals for WAR:VAR:
Debt-to-Equity: 0.00
GF Value™: zł0.66 vs. price of zł0.84 (27.3% above fair value)
No single metric tells the full story. See the WAR:VAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Varsav Game Studios SA is a Poland-based company. It is mainly engaged in the production of PC and mobile games and applications. The company offers various services to the gaming industry, including portfolio building and providing technological and financial support. Games developed by the company include Bee Simulator, AR Kicker, Crowd Dragons, Metamorphosis, and Interkosmos.
54GF Score
Get the complete analysis for WAR:VAR
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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