BDCBelden Inc.

$118.00

Is it safe?

Can BDC take a bad year?

Belden Inc. carries $988M of net debt at 2.35× EBITDA: a load its earnings can carry.

$988M

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.35×

Net debt / EBITDA · 2.45× a year ago · the load is coming down

Altman Z-score
3.08

Altman Z-score · safe zone, above 3

Debt / equity
0.98×

Debt / equity

Details
Total debtQ1 2026
$1.26B
Cash and short-term investments
$272M
Net debt
$988M
EBITDA, trailing twelve months
$420M
Operating profit, trailing twelve months
$321M
Debt / equity
0.98×
Total debt / EBITDA
3.00×
Annualised volatilitytwo years of daily moves
39%
Worst drawdown on file
−68%
Below its 52-week high
−22%

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