Madmind Studio (WAR:MMS) Equity-to-Asset: 0.78 (As of Mar. 2026) — 10% Below Median

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WAR:MMS Madmind Studio SA WAR:MMS
45 GF Score
Price zł0.34
GF Value zł1.31
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Madmind Studio Equity-to-Asset?

Madmind Studio WAR:MMS +7.19% 45 Equity-to-Asset is 0.78 as of Mar. 2026, which is 10% below its 10-year median of 0.87. GuruFocus rates WAR:MMS with a GF Score™ of 45/100 and a GF Value™ of zł1.31 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 564 Interactive Media companies, Madmind Studio ranks better than 72.34% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Madmind Studio's Total Stockholders Equity for the quarter that ended in Mar. 2026 was zł6.54 Mil. Madmind Studio's Total Assets for the quarter that ended in Mar. 2026 was zł8.38 Mil. Therefore, Madmind Studio's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.78.

The historical rank and industry rank for Madmind Studio's Equity-to-Asset or its related term are showing as below:

WAR:MMS' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.07   Med: 0.87   Max: 0.95
Current: 0.78

During the past 5 years, the highest Equity to Asset Ratio of Madmind Studio was 0.95. The lowest was -0.07. And the median was 0.87.

WAR:MMS's Equity-to-Asset is ranked better than
72.34% of 564 companies
in the Interactive Media industry
Industry Median: 0.65 vs WAR:MMS: 0.78

Madmind Studio  (WAR:MMS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Madmind Studio Equity-to-Asset Related Terms


Madmind Studio Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Madmind Studio's Equity-to-Asset 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.

Madmind Studio Equity-to-Asset Chart

Madmind Studio Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
0.94 0.93 0.86 0.79 -0.07

Madmind Studio Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset 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 0.79 0.69 0.72 -0.07 0.78

WAR:MMS vs NTES, EA, TTWO: Equity-to-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Madmind Studio's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Madmind Studio Equity-to-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Madmind Studio's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Madmind Studio's Equity-to-Asset falls into.


WAR:MMS
45GF Score
Madmind Studio SA WAR:MMS
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madmind Studio Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Madmind Studio's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=-0.129/1.879
=-0.07

Madmind Studio's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=6.541/8.384
=0.78

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.78 mean?
Madmind Studio (WAR:MMS) has a Equity-to-Asset of 0.78 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Madmind Studio and its competitors. This is 10% below median its historical median of 0.87. According to the industry distribution chart, Madmind Studio ranks #156 out of 564 companies in the Interactive Media industry, placing it in the top 27.7%.
Is Madmind Studio's Equity-to-Asset too high?
Madmind Studio's current Equity-to-Asset of 0.78 is 10% below median its 10-year median of 0.87. The Interactive Media industry median Equity-to-Asset is 0.65. Madmind Studio's value of 0.78 is 20% above this industry median. Based on the distribution chart, Madmind Studio ranks #156 out of 564 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Madmind Studio has a GF Score™ of 45/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madmind Studio's Equity-to-Asset compare to NTES and EA?
According to the Interactive Media industry distribution chart, Madmind Studio ranks #156 out of 564 companies for Equity-to-Asset. This puts Madmind Studio in the upper half of its industry. The industry median Equity-to-Asset is 0.65. Madmind Studio's value of 0.78 is 20% above this benchmark. While the company's 10-year median is 0.87 vs. the industry median of 0.65, Madmind Studio 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 Equity-to-Asset for an Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.65, based on 564 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Madmind Studio's current Equity-to-Asset of 0.78 is 20% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Madmind Studio and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madmind Studio's current Equity-to-Asset is 0.78, which is 10% below median its own 10-year median of 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madmind Studio stock overvalued right now?
Based on GuruFocus' analysis, Madmind Studio (WAR:MMS) is currently considered Significantly Undervalued. The stock's GF Value™ is zł1.31, compared to a current price of zł0.34 — trading 73.8% below its estimated fair value. The current Equity-to-Asset is 0.78, which is 10% below median its 10-year median of 0.87 and 20% above the Interactive Media industry median of 0.65. Madmind Studio's overall GF Score™ is 45/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Madmind Studio (WAR:MMS), the current Equity-to-Asset is 0.78 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 Madmind Studio (WAR:MMS) Overvalued in 2026?

Based on GuruFocus' analysis, Madmind Studio stock appears to be undervalued. The current stock price of zł0.34 is trading 73.8% below its estimated GF Value™ of zł1.31. GuruFocus considers Madmind Studio to be Significantly Undervalued.

Key valuation signals for WAR:MMS:

  • Equity-to-Asset: 0.78 (10% below median its 10-year median of 0.87)
  • GF Value™: zł1.31 vs. price of zł0.34 (73.8% below fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 20% above the Interactive Media median (#156 of 564)

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


Madmind Studio Business Description

Address ul. Grunwaldzka 229, Bydgoszcz, POL, 85-451
Madmind Studio SA is a video game development company. The studio comprises veteran game developers, who have worked on AAA titles such as The Division, Witcher 3, Sniper: Ghost Warrior 2, Alien Rage, Enemy Front, Real Boxing 2, Godfire: Rise of the Prometheus etc.
45GF Score

Get the complete analysis for WAR:MMS

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

zł0.34
Price
zł1.31
GF Value