Is it safe?
Can APD take a bad year?
Air Products holds $84M more cash than debt, so a bad year is a question about profits, not about lenders.
$84M
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- 2.44
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
Details›
- Total debtQ3 2026
- $896M
- Cash and short-term investments
- $981M
- Net cash
- $84M
- EBITDA, trailing twelve months
- $951M
- Operating profit, trailing twelve months
- −$593M
- Debt / equity
- 0.07×
- Total debt / EBITDA
- 0.94×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −32%
- Below its 52-week high
- −0.85%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Chemicals
Ranks #18 of 36 by Smart Score