Is it safe?
Can AIT take a bad year?
Applied Industrial Technologies, Inc. carries $194M of net debt at 0.35× EBITDA: a load its earnings can carry.
$194M
Net debt · as at Q3 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.35×
Net debt / EBITDA · 0.42× a year ago · the load is coming down
- Altman Z-score
- 9.22
Altman Z-score · safe zone, above 3
- Debt / equity
- 0.20×
Debt / equity
Details›
- Total debtQ3 2026
- $365M
- Cash and short-term investments
- $172M
- Net debt
- $194M
- EBITDA, trailing twelve months
- $551M
- Operating profit, trailing twelve months
- $525M
- Debt / equity
- 0.20×
- Total debt / EBITDA
- 0.66×
- Annualised volatilitytwo years of daily moves
- 31%
- Worst drawdown on file
- −59%
- Below its 52-week high
- −5.4%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Industrial Distribution
Ranks #8 of 17 by Smart Score