Is it safe?
Can AHCO take a bad year?
AdaptHealth Corp. carries $1.78B of net debt at 3.88× EBITDA: a load its earnings can carry.
$1.78B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.88×
Net debt / EBITDA · 3.21× a year ago · the load is going up
- Altman Z-score
- 0.91
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 1.21×
Debt / equity
Details›
- Total debtQ1 2026
- $1.82B
- Cash and short-term investments
- $48M
- Net debt
- $1.78B
- EBITDA, trailing twelve months
- $457M
- Operating profit, trailing twelve months
- $73M
- Debt / equity
- 1.21×
- Total debt / EBITDA
- 3.99×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −87%
- Below its 52-week high
- −58%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.