AAOIApplied Optoelectronics, Inc.

$113.84

Is it safe?

Can AAOI take a bad year?

Applied Optoelectronics, Inc. holds $441M more cash than debt, and is burning $220M a quarter, about 0.6 years of cover.

$441M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
15.43

Altman Z-score · safe zone, above 3

Cash runway
0.6 years

Cash runway · burning $220M a quarter at the current rate

Details
Total debtQ2 2026
$59M
Cash and short-term investments
$500M
Net cash
$441M
EBITDA, trailing twelve months
−$32M
Operating profit, trailing twelve months
−$67M
Debt / equity
0.04×
Annualised volatilitytwo years of daily moves
141%
Worst drawdown on file
−98%
Below its 52-week high
−49%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.