Road Studio (WAR:RST) Equity-to-Asset: 0.61 (As of Jun. 2026) — Near 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
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:RST Road Studio SA WAR:RST
47 GF Score
Price zł6.30
GF Value zł15.34
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Road Studio Equity-to-Asset?

Road Studio WAR:RST 47 Equity-to-Asset is 0.61 as of Jun. 2026, which is 3% below its 10-year median of 0.63. GuruFocus rates WAR:RST with a GF Score™ of 47/100 and a GF Value™ of zł15.34 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 564 Interactive Media companies, Road Studio ranks worse than 53.01% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Road Studio's Total Stockholders Equity for the quarter that ended in Jun. 2026 was zł3.17 Mil. Road Studio's Total Assets for the quarter that ended in Jun. 2026 was zł5.21 Mil. Therefore, Road Studio's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.61.

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

WAR:RST' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.63   Max: 0.91
Current: 0.61

During the past 5 years, the highest Equity to Asset Ratio of Road Studio was 0.91. The lowest was 0.59. And the median was 0.63.

WAR:RST's Equity-to-Asset is ranked worse than
53.01% of 564 companies
in the Interactive Media industry
Industry Median: 0.64 vs WAR:RST: 0.61

Road Studio  (WAR:RST) 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%.


Road Studio Equity-to-Asset Related Terms


Road Studio Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Road 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.

Road Studio Equity-to-Asset Chart

Road Studio Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
0.91 0.90 0.61 0.59 0.59

Road Studio Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.60 0.61 0.59 0.60 0.61

WAR:RST vs NTES, TTWO, RBLX: Equity-to-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Road 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.


Road Studio Equity-to-Asset vs Interactive Media Industry

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

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


WAR:RST
47GF Score
Road Studio SA WAR:RST
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Road 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.

Road 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
=2.946/4.984
=0.59

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

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=3.167/5.205
=0.61

* 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 0.61 mean?
Road Studio (WAR:RST) has a Equity-to-Asset of 0.61 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Road Studio and its competitors. This is near median its historical median of 0.63. Over the past decade, Road Studio's Equity-to-Asset has ranged from 0.59 to 0.91. According to the industry distribution chart, Road Studio ranks #299 out of 564 companies in the Interactive Media industry, placing it in the top 53%.
Is Road Studio's Equity-to-Asset too high?
Road Studio's current Equity-to-Asset of 0.61 is near median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.91. The Interactive Media industry median Equity-to-Asset is 0.64. Road Studio's value of 0.61 is 4.7% below this industry median. Based on the distribution chart, Road Studio ranks #299 out of 564 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Road Studio has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Road Studio's Equity-to-Asset compare to NTES and TTWO?
According to the Interactive Media industry distribution chart, Road Studio ranks #299 out of 564 companies for Equity-to-Asset. This places Road Studio in the lower half of its industry. The industry median Equity-to-Asset is 0.64. Road Studio's value of 0.61 is 4.7% below this benchmark. Historically, Road Studio's own Equity-to-Asset has ranged from 0.59 to 0.91 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 0.64, Road Studio 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 Equity-to-Asset for an Interactive Media company?
The median Equity-to-Asset among Interactive Media companies is 0.64, 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. Road Studio's current Equity-to-Asset of 0.61 is 4.7% 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 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 Road Studio and its competitors. For the Interactive Media industry, the median Equity-to-Asset is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Road Studio's current Equity-to-Asset is 0.61, which is near median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Road Studio stock overvalued right now?
Based on GuruFocus' analysis, Road Studio (WAR:RST) is currently considered Possible Value Trap. The stock's GF Value™ is zł15.34, compared to a current price of zł6.30 — trading 58.9% below its estimated fair value. The current Equity-to-Asset is 0.61, which is near median its 10-year median of 0.63 and 4.7% below the Interactive Media industry median of 0.64. Road Studio's overall GF Score™ is 47/100 with 3 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 Road Studio (WAR:RST), the current Equity-to-Asset is 0.61 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 Road Studio (WAR:RST) Overvalued in 2026?

Based on GuruFocus' analysis, Road Studio stock appears to be undervalued. The current stock price of zł6.30 is trading 58.9% below its estimated GF Value™ of zł15.34. GuruFocus considers Road Studio to be Possible Value Trap.

Key valuation signals for WAR:RST:

  • Equity-to-Asset: 0.61 (near median its 10-year median of 0.63)
  • GF Value™: zł15.34 vs. price of zł6.30 (58.9% below fair value)
  • GF Score™: 47/100 with 3 warning signs
  • Industry Position: 4.7% below the Interactive Media median (#299 of 564)

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


Road Studio Business Description

Address Ulica Wernyhory 29A, Warsaw, POL, 02-727
Road Studio SA is a developer of automotive and survival themed simulation video games, which at the same time are travel-themed.
47GF Score

Get the complete analysis for WAR:RST

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

zł6.30
Price
zł15.34
GF Value