Is it safe?
Can AXTA take a bad year?
Axalta Coating Systems Ltd. carries $2.54B of net debt at 2.52× EBITDA: a load its earnings can carry.
$2.54B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.52×
Net debt / EBITDA · 2.73× a year ago · the load is coming down
- Altman Z-score
- 2.46
Altman Z-score · grey zone, between 1.8 and 3
- Debt / equity
- 1.30×
Debt / equity
Details›
- Total debtQ1 2026
- $3.15B
- Cash and short-term investments
- $608M
- Net debt
- $2.54B
- EBITDA, trailing twelve months
- $1.01B
- Operating profit, trailing twelve months
- $705M
- Debt / equity
- 1.30×
- Total debt / EBITDA
- 3.13×
- Annualised volatilitytwo years of daily moves
- 32%
- Worst drawdown on file
- −64%
- Below its 52-week high
- −4.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Chemicals
Ranks #21 of 36 by Smart Score