Is it safe?
Can ATEC take a bad year?
Alphatec Holdings, Inc. carries $522M of net debt at 27.3× EBITDA: a heavy load to carry through a bad year.
$522M
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 27.3×
Net debt / EBITDA
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 69%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $641M
- Cash and short-term investments
- $119M
- Net debt
- $522M
- EBITDA, trailing twelve months
- $19M
- Operating profit, trailing twelve months
- −$49M
- Total debt / EBITDA
- 33.6×
- Annualised volatilitytwo years of daily moves
- 69%
- Worst drawdown on file
- −87%
- Below its 52-week high
- −58%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.