Ovid Works (WAR:OVI) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


WAR:OVI Ovid Works SA WAR:OVI
47 GF Score
Price zł0.45
GF Value zł0.54
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Ovid Works Interest Coverage?

Ovid Works WAR:OVI 47 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates WAR:OVI with a GF Score™ of 47/100 and a GF Value™ of zł0.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 314 Interactive Media companies, Ovid Works 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. Ovid Works's Operating Income for the three months ended in Mar. 2026 was zł-0.35 Mil. Ovid Works's Interest Expense for the three months ended in Mar. 2026 was zł-0.03 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


WAR:OVI'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.


Ovid Works  (WAR:OVI) 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 .


Ovid Works Interest Coverage Related Terms


Ovid Works Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ovid Works'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.

Ovid Works Interest Coverage Chart

Ovid Works Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Ovid Works 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 0.00 0.00 0.00 1.80 0.00

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

For the Electronic Gaming & Multimedia subindustry, Ovid Works'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.


Ovid Works Interest Coverage vs Interactive Media Industry

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

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


WAR:OVI
47GF Score
Ovid Works SA WAR:OVI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ovid Works 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.

Ovid Works'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, Ovid Works's Interest Expense was zł-0.03 Mil. Its Operating Income was zł-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.51 Mil.

Ovid Works did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Ovid Works's Interest Expense was zł-0.03 Mil. Its Operating Income was zł-0.35 Mil. And its Long-Term Debt & Capital Lease Obligation was zł0.00 Mil.

Ovid Works did not have earnings to cover the 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.

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 0 (At Loss) mean?
Ovid Works (WAR:OVI) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ovid Works and its competitors. According to the industry distribution chart, Ovid Works ranks #999999 out of 314 companies in the Interactive Media industry.
Is Ovid Works' Interest Coverage too high?
Ovid Works' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Ovid Works ranks #999999 out of 314 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Ovid Works has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ovid Works' Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ovid Works ranks #999999 out of 314 companies for Interest Coverage. This places Ovid Works 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 Ovid Works 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. Ovid Works's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovid Works stock overvalued right now?
Based on GuruFocus' analysis, Ovid Works (WAR:OVI) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.54, compared to a current price of zł0.45 — trading 17% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Ovid Works' overall GF Score™ is 47/100 with 6 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 Ovid Works (WAR:OVI), the current Interest Coverage is 0 (At Loss) 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 Ovid Works (WAR:OVI) Overvalued in 2026?

Based on GuruFocus' analysis, Ovid Works stock appears to be undervalued. The current stock price of zł0.45 is trading 17% below its estimated GF Value™ of zł0.54. GuruFocus considers Ovid Works to be Modestly Undervalued.

Key valuation signals for WAR:OVI:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: zł0.54 vs. price of zł0.45 (17% below fair value)
  • GF Score™: 47/100 with 6 warning signs

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


Ovid Works Business Description

Address ul. Dobra 4 m.10, Warsaw, POL, 00-388
Ovid Works SA is an independent video game studio. The firm is engaged in producing games for PC, consoles, and VR. Some of its games are Interkosmos and Metamorphosis among others.
47GF Score

Get the complete analysis for WAR:OVI

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

zł0.45
Price
zł0.54
GF Value