Madmind Studio (FRA:12R) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


FRA:12R Madmind Studio SA FRA:12R
48 GF Score
Price €0.07
GF Value €0.25
! 5 Warning Signs
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What is Madmind Studio Interest Coverage?

Madmind Studio FRA:12R -1.99% 48 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 5,011.13. GuruFocus rates FRA:12R with a GF Score™ of 48/100 and a GF Value™ of €0.25. The stock has 5 warning signs investors should review. Among 316 Interactive Media companies, Madmind Studio ranks worse than 58.54% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Madmind Studio's Operating Income for the three months ended in Mar. 2026 was €0.07 Mil. Madmind Studio's Interest Expense for the three months ended in Mar. 2026 was €0.00 Mil. Madmind Studio has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Madmind Studio's Interest Coverage or its related term are showing as below:

FRA:12R' s Interest Coverage Range Over the Past 10 Years
Min: 22.26   Med: 5011.13   Max: No Debt
Current: 23.78


FRA:12R's Interest Coverage is ranked worse than
58.54% of 316 companies
in the Interactive Media industry
Industry Median: 38.305 vs FRA:12R: 23.78

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Madmind Studio  (FRA:12R) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Madmind Studio Interest Coverage Related Terms


Madmind Studio Interest Coverage Historical Data

* Premium members only.

The historical data trend for Madmind Studio's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Madmind Studio Interest Coverage Chart

Madmind Studio Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
0.00 No Debt 0.00 0.00 22.63

Madmind Studio Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage 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 No Debt 0.00 27.00 No Debt No Debt

FRA:12R vs NTES, EA, TTWO: Interest Coverage Comparison

For the Electronic Gaming & Multimedia subindustry, Madmind Studio's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Madmind Studio's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Madmind Studio's Interest Coverage falls into.


FRA:12R
48GF Score
Madmind Studio SA FRA:12R
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Madmind Studio Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Madmind Studio's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Madmind Studio's Interest Expense was €-0.01 Mil. Its Operating Income was €0.18 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*0.181/-0.008
=22.63

Madmind Studio's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Madmind Studio's Interest Expense was €0.00 Mil. Its Operating Income was €0.07 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Madmind Studio had no debt (1).

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Madmind Studio (FRA:12R) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Madmind Studio and its competitors. This is 100% below median its historical median of 5,011.13. Over the past decade, Madmind Studio's Interest Coverage has ranged from 22.26 to 10,000.00. According to the industry distribution chart, Madmind Studio ranks #185 out of 316 companies in the Interactive Media industry, placing it in the top 58.5%.
Is Madmind Studio's Interest Coverage too high?
Madmind Studio's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 5,011.13. Over the past 10 years, this metric has ranged from a low of 22.26 to a high of 10,000.00. Based on the distribution chart, Madmind Studio ranks #185 out of 316 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Madmind Studio has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Madmind Studio's Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Madmind Studio ranks #185 out of 316 companies for Interest Coverage. This places Madmind Studio in the lower half of its industry. The industry median Interest Coverage is 38.31. Historically, Madmind Studio's own Interest Coverage has ranged from 22.26 to 10,000.00 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 Interest Coverage for an Interactive Media company?
The median Interest Coverage among Interactive Media companies is 38.31, based on 316 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Madmind Studio and its competitors. For the Interactive Media industry, the median Interest Coverage is 38.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madmind Studio's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 5,011.13. 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?
Madmind Studio (FRA:12R) has a current Interest Coverage of No Debt (1). The stock's GF Value™ is €0.25, compared to a current price of €0.07 — trading 72.5% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 5,011.13. Madmind Studio's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Madmind Studio (FRA:12R), the current Interest Coverage is No Debt (1) 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 (FRA:12R) Overvalued in 2026?

Based on GuruFocus' analysis, Madmind Studio stock appears to be undervalued. The current stock price of €0.07 is trading 72.5% below its estimated GF Value™ of €0.25.

Key valuation signals for FRA:12R:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 5,011.13)
  • GF Value™: €0.25 vs. price of €0.07 (72.5% below fair value)
  • GF Score™: 48/100 with 5 warning signs

No single metric tells the full story. See the FRA:12R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Madmind Studio Business Description

Other Exchanges MMS:Poland
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.
48GF Score

Get the complete analysis for FRA:12R

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

€0.07
Price
€0.25
GF Value