Incuvo (WAR:IVO) Interest Coverage: No Debt (1) (As of Mar. 2026) — 99% Below Median


WAR:IVO Incuvo SA WAR:IVO
59 GF Score
Price zł0.62
GF Value zł0.61
Valuation Fairly Valued
! 4 Warning Signs
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What is Incuvo Interest Coverage?

Incuvo WAR:IVO 59 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 124.64. GuruFocus rates WAR:IVO with a GF Score™ of 59/100 and a GF Value™ of zł0.61 (Fairly Valued). The stock has 4 warning signs investors should review. Among 314 Interactive Media companies, Incuvo ranks worse than 318471.02% 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. Incuvo's Operating Income for the three months ended in Mar. 2026 was zł0.04 Mil. Incuvo's Interest Expense for the three months ended in Mar. 2026 was zł0.00 Mil. Incuvo 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 Incuvo's Interest Coverage or its related term are showing as below:


WAR:IVO's Interest Coverage is not ranked *
in the Interactive Media industry.
Industry Median: 38.305
* Ranked among companies with meaningful Interest Coverage only.

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


Incuvo  (WAR:IVO) 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 .


Incuvo Interest Coverage Related Terms


Incuvo Interest Coverage Historical Data

* Premium members only.

The historical data trend for Incuvo'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.

Incuvo Interest Coverage Chart

Incuvo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 4.33 244.94 0.00 0.00

Incuvo Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 0.00 0.00 0.00 0.00 No Debt

WAR:IVO vs NTES, EA, TTWO: Interest Coverage Comparison

For the Electronic Gaming & Multimedia subindustry, Incuvo'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.


Incuvo Interest Coverage vs Interactive Media Industry

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

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


WAR:IVO
59GF Score
Incuvo SA WAR:IVO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Incuvo 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.

Incuvo'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, Incuvo's Interest Expense was zł-0.01 Mil. Its Operating Income was zł-2.96 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Incuvo did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Incuvo's Interest Expense was zł0.00 Mil. Its Operating Income was zł0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Incuvo 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?
Incuvo (WAR:IVO) 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 Incuvo and its competitors. This is 99% below median its historical median of 124.64. According to the industry distribution chart, Incuvo ranks #999999 out of 314 companies in the Interactive Media industry.
Is Incuvo's Interest Coverage too high?
Incuvo's current Interest Coverage of No Debt (1) is 99% below median its 10-year median of 124.64. Based on the distribution chart, Incuvo ranks #999999 out of 314 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Incuvo has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Incuvo's Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Incuvo ranks #999999 out of 314 companies for Interest Coverage. This places Incuvo in the lower half of its industry. The industry median Interest Coverage is 38.31. 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 314 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 Incuvo 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. Incuvo's current Interest Coverage is No Debt (1), which is 99% below median its own 10-year median of 124.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Incuvo stock overvalued right now?
Based on GuruFocus' analysis, Incuvo (WAR:IVO) is currently considered Fairly Valued. The stock's GF Value™ is zł0.61, compared to a current price of zł0.62 — trading 2% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 99% below median its 10-year median of 124.64. Incuvo's overall GF Score™ is 59/100 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 Incuvo (WAR:IVO), 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 Incuvo (WAR:IVO) Overvalued in 2026?

Based on GuruFocus' analysis, Incuvo stock appears to be overvalued. The current stock price of zł0.62 is trading 2% above its estimated GF Value™ of zł0.61. GuruFocus considers Incuvo to be Fairly Valued.

Key valuation signals for WAR:IVO:

  • Interest Coverage: No Debt (1) (99% below median its 10-year median of 124.64)
  • GF Value™: zł0.61 vs. price of zł0.62 (2% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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


Incuvo Business Description

Address Ligocka 103, Katowice, POL, 40-568
Incuvo SA is engaged in the game development business. It ports and produces VR games on a work for hire basis. Some of the games offered by the company include Blair Witch, Layers of Fear, Super Hero Fight Club, Createrria 2, and Crowdy Farm Puzzle.
59GF Score

Get the complete analysis for WAR:IVO

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

zł0.62
Price
zł0.61
GF Value