Is it safe?
Can ATRO take a bad year?
Astronics Corporation carries $323M of net debt at 2.87× EBITDA: a load its earnings can carry.
$323M
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.87×
Net debt / EBITDA · 2.19× a year ago · the load is going up
- Altman Z-score
- 7.06
Altman Z-score · safe zone, above 3
- Debt / equity
- 2.07×
Debt / equity
Details›
- Total debtQ1 2026
- $335M
- Cash and short-term investments
- $12M
- Net debt
- $323M
- EBITDA, trailing twelve months
- $113M
- Operating profit, trailing twelve months
- $91M
- Debt / equity
- 2.07×
- Total debt / EBITDA
- 2.97×
- Annualised volatilitytwo years of daily moves
- 57%
- Worst drawdown on file
- −86%
- Below its 52-week high
- −17%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
Ranks #21 of 48 by Smart Score