AMATApplied Materials

$479.66

Is it safe?

Can AMAT take a bad year?

Applied Materials holds $1.49B more cash than debt, so a bad year is a question about profits, not about lenders.

$1.49B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
21.73

Altman Z-score · safe zone, above 3

Interest cover
33.0×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ3 2026
$7.74B
Cash and short-term investments
$9.23B
Net cash
$1.49B
EBITDA, trailing twelve months
$9.67B
Operating profit, trailing twelve months
$9.14B
Debt / equity
0.30×
Total debt / EBITDA
0.80×
Annualised volatilitytwo years of daily moves
50%
Worst drawdown on file
−55%
Below its 52-week high
−25%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.