BATRAAtlanta Braves Holdings, Inc.
Is it safe?
Solid, nothing alarming. Balance sheet to watch.
Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -54% · now 3% below its 52-week high.
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 BATRA take a bad year?
Atlanta Braves Holdings, Inc. carries $677M of net debt at 61.1× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 61.1×
Net debt / EBITDA · 12.0× a year ago · the load is going up
- Altman Z-score
- 1.72
Altman Z-score · distress zone, below 1.8
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
Details›
- Total debtQ2 2026
- $793M
- Cash and short-term investments
- $116M
- Net debt
- $677M
- EBITDA, trailing twelve months
- $11M
- Operating profit, trailing twelve months
- −$71M
- Debt / equity
- 1.54×
- Total debt / EBITDA
- 71.6×
- Annualised volatilitytwo years of daily moves
- 19%
- Worst drawdown on file
- −54%
- Below its 52-week high
- 3.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.