AMZNAmazon

$260.22

Is it safe?

Can AMZN take a bad year?

Amazon carries $9.56B of net debt at 0.06× EBITDA: a load its earnings can carry.

$9.56B

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.06×

Net debt / EBITDA · −0.28× a year ago · the load is going up

Altman Z-score
5.35

Altman Z-score · safe zone, above 3

Cash runway
5+ years

Cash runway · burning $2.91B a quarter at the current rate

Details
Total debtQ2 2026
$132.5B
Cash and short-term investments
$123.0B
Net debt
$9.56B
EBITDA, trailing twelve months
$168.9B
Operating profit, trailing twelve months
$93.7B
Debt / equity
0.24×
Total debt / EBITDA
0.79×
Annualised volatilitytwo years of daily moves
36%
Worst drawdown on file
−56%
Below its 52-week high
−7.9%

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