APPSDigital Turbine, Inc.
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain and big price swings. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
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).
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.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
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.
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.
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.
Software, Application
Ranks #48 of 96 by RyuScore