ALITAlight, Inc.
Is it safe?
Caution warranted: heavy debt (CCC) and big price swings.
Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -96% · now 56% 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 ALIT take a bad year?
The deepest fall in ALIT's price history on file is −96%; it is 56% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand, with no positive EBITDA to service it
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 1636%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −96%
Worst drawdown on file · −56% today
Details›
- Total debtQ2 2026
- $2.00B
- Cash and short-term investments
- $215M
- Net debt
- $1.78B
- EBITDA, trailing twelve months
- −$1.84B
- Operating profit, trailing twelve months
- −$2.13B
- Debt / equity
- 1.95×
- Annualised volatilitytwo years of daily moves
- 1636%
- Worst drawdown on file
- −96%
- Below its 52-week high
- 56%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Application
Ranks #83 of 96 by RyuScore