ACTGAcacia Research Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -73% · now 16% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can ACTG take a bad year?
Acacia Research Corporation holds $217M more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 39%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $91M
- Cash and short-term investments
- $308M
- Net cash
- $217M
- EBITDA, trailing twelve months
- $8.0M
- Operating profit, trailing twelve months
- −$19M
- Debt / equity
- 0.17×
- Total debt / EBITDA
- 11.4×
- Annualised volatilitytwo years of daily moves
- 39%
- Worst drawdown on file
- −73%
- Below its 52-week high
- 16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.