BABoeing

$212.32

Is it safe?

Can BA take a bad year?

Boeing carries $25.9B of net debt at 3.81× EBITDA: a load its earnings can carry.

$25.9B

Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business

Net debt / EBITDA
3.81×

Net debt / EBITDA

Altman Z-score
1.54

Altman Z-score · distress zone, below 1.8

Cash runway
5+ years

Cash runway · burning $53M a quarter at the current rate

Details
Total debtQ2 2026
$45.9B
Cash and short-term investments
$20.0B
Net debt
$25.9B
EBITDA, trailing twelve months
$6.80B
Operating profit, trailing twelve months
$4.60B
Debt / equity
7.53×
Total debt / EBITDA
6.75×
Annualised volatilitytwo years of daily moves
36%
Worst drawdown on file
−78%
Below its 52-week high
−16%

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