Is it safe?
Can APPN take a bad year?
Appian Corporation carries $32M of net debt at 2.41× EBITDA: a load its earnings can carry.
$32M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.41×
Net debt / EBITDA
- Altman Z-score
- 1.16
Altman Z-score · distress zone, below 1.8
- Interest cover
- 0.23×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ1 2026
- $238M
- Cash and short-term investments
- $206M
- Net debt
- $32M
- EBITDA, trailing twelve months
- $13M
- Operating profit, trailing twelve months
- $4.6M
- Total debt / EBITDA
- 17.7×
- Annualised volatilitytwo years of daily moves
- 58%
- Worst drawdown on file
- −92%
- Below its 52-week high
- −16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #58 of 78 by Smart Score