Frozen WayWAR:FRW -1.07%92 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates WAR:FRW with a GF Score™ of 92/100 and a GF Value™ of zł30.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 316 Interactive Media companies, Frozen Way ranks worse than 80.06% 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. Frozen Way's
Operating Income
for the
three
months ended in Mar. 2026 was zł0.63 Mil. Frozen Way's Interest Expense for the
three
months ended in Mar. 2026 was zł0.00 Mil.
Frozen Way 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 Frozen Way's Interest Coverage or its related term are showing as below:
WAR:FRW'
s Interest Coverage Range Over the Past 10 Years
Min: 5.08 Med: No Debt Max: No Debt
Current: 5.08
WAR:FRW's Interest Coverage is ranked worse than 80.06% of 316
companies
in the Interactive Media industry
Industry Median: 38.305
vs WAR:FRW: 5.08
Frozen Way (WAR:FRW) 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 .
Frozen Way Interest Coverage Related Terms
Frozen Way Interest Coverage Historical Data
* Premium members only.
The historical data trend for Frozen Way'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.
WAR:FRW vs NTES, EA, TTWO: Interest Coverage Comparison
For the Electronic Gaming & Multimedia subindustry, Frozen Way'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.
Frozen Way Interest Coverage vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Frozen Way's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Frozen Way's Interest Coverage falls into.
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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Frozen Way (WAR:FRW) 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 Frozen Way and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Frozen Way's Interest Coverage has ranged from 5.08 to 10,000.00. According to the industry distribution chart, Frozen Way ranks #253 out of 316 companies in the Interactive Media industry, placing it in the top 80.1%.
Is Frozen Way's Interest Coverage too high?
Frozen Way's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 5.08 to a high of 10,000.00. Based on the distribution chart, Frozen Way ranks #253 out of 316 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Frozen Way has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frozen Way's Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Frozen Way ranks #253 out of 316 companies for Interest Coverage. This places Frozen Way in the lower half of its industry. The industry median Interest Coverage is 38.31. Historically, Frozen Way's own Interest Coverage has ranged from 5.08 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 Frozen Way 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. Frozen Way's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frozen Way stock overvalued right now?
Based on GuruFocus' analysis, Frozen Way (WAR:FRW) is currently considered Modestly Undervalued. The stock's GF Value™ is zł30.63, compared to a current price of zł27.70 — trading 9.6% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Frozen Way's overall GF Score™ is 92/100 with 4 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 Frozen Way (WAR:FRW), 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 Frozen Way (WAR:FRW) Overvalued in 2026?
Based on GuruFocus' analysis, Frozen Way stock appears to be undervalued.
The current stock price of zł27.70 is trading 9.6% below its estimated GF Value™ of zł30.63.
GuruFocus considers Frozen Way to be Modestly Undervalued.
Key valuation signals for WAR:FRW:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: zł30.63 vs. price of zł27.70 (9.6% below fair value)
No single metric tells the full story. See the WAR:FRW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frozen Way SA is a Poland-based developer of video games. It is an independent game development studio and publisher. Its game portfolio comprises House Flipper Pets, House Flipper VR, and Builder Simulator.
92GF Score
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