ALHCAlignment Healthcare, Inc.
Is it safe?
Forensics clean, with a caveat: a safe balance sheet and comfortable debt (AA), but big price swings.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$23.3M, 90 days to Oct 8, 2026), selling is often routine.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -84% · now 68% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
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 ALHC take a bad year?
Alignment Healthcare, Inc. holds $378M 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
- Altman Z-score
- 6.05
Altman Z-score · safe zone, above 3
- Interest cover
- 3.39×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $324M
- Cash and short-term investments
- $702M
- Net cash
- $378M
- EBITDA, trailing twelve months
- $87M
- Operating profit, trailing twelve months
- $55M
- Debt / equity
- 1.22×
- Total debt / EBITDA
- 3.75×
- Annualised volatilitytwo years of daily moves
- 63%
- Worst drawdown on file
- −84%
- Below its 52-week high
- 68%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Healthcare
Ranks #214 of 446 by RyuScore