Is it safe?
Can ADI take a bad year?
Analog Devices carries $6.80B of net debt at 1.27× EBITDA: a load its earnings can carry.
$6.80B
Net debt · as at Q3 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.27×
Net debt / EBITDA · 1.77× a year ago · the load is coming down
- Altman Z-score
- 9.38
Altman Z-score · safe zone, above 3
- Interest cover
- 14.1×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ3 2026
- $9.12B
- Cash and short-term investments
- $2.32B
- Net debt
- $6.80B
- EBITDA, trailing twelve months
- $5.36B
- Operating profit, trailing twelve months
- $4.93B
- Debt / equity
- 0.27×
- Total debt / EBITDA
- 1.70×
- Annualised volatilitytwo years of daily moves
- 38%
- Worst drawdown on file
- −34%
- Below its 52-week high
- −17%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.