APPSDigital Turbine, Inc.

$10.42+89% 1Y

Is it safe?

Flag

Elevated bankruptcy risk: a balance sheet under strain and big price swings. Everything else is secondary until this clears.

2 good, 1 flagged, 1 to watch, 1 neutral, 1 without data
SurvivalDistress zone

Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Honest booksLow risk

Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).

Quality7 / 9

High fundamental quality Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.

Credit gradeBBBderived · Jun 30, 2026

Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.

Drawdown risk130% volderived · Oct 9, 2026

Large price swings, high volatility. Worst drawdown -99% · now 28% below its 52-week high.

Unless marked, from SEC EDGAR, as of Mar 31, 2026.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

Volatilitybottom 1% of the market
Max drawdownbottom 1% of the market

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 APPS take a bad year?

Digital Turbine, Inc. carries $310M of net debt at 2.89× EBITDA: a load its earnings can carry.

$310M

Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
2.89×

Net debt / EBITDA · 23.2× a year ago · the load is coming down

Altman Z-score
0.79

Altman Z-score · distress zone, below 1.8

Interest cover
0.99×

Interest cover · operating profit does not cover the interest bill

Details›
Total debtQ1 2026
$353M
Cash and short-term investments
$43M
Net debt
$310M
EBITDA, trailing twelve months
$107M
Operating profit, trailing twelve months
$62M
Debt / equity
1.85×
Total debt / EBITDA
3.29×
Annualised volatilitytwo years of daily moves
130%
Worst drawdown on file
−99%
Below its 52-week high
28%

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