BIIBBiogen

$221.12

Is it safe?

Can BIIB take a bad year?

Biogen carries $2.01B of net debt at 0.93× EBITDA: a load its earnings can carry.

$2.01B

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

Net debt / EBITDA
0.93×

Net debt / EBITDA · 1.63× a year ago · the load is coming down

Interest cover
5.90×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
32%

Annualised volatility · about as steady as the market itself

Details
Total debtQ1 2026
$6.29B
Cash and short-term investments
$4.28B
Net debt
$2.01B
EBITDA, trailing twelve months
$2.16B
Operating profit, trailing twelve months
$1.62B
Debt / equity
0.34×
Total debt / EBITDA
2.91×
Annualised volatilitytwo years of daily moves
32%
Worst drawdown on file
−73%
Below its 52-week high
−0.17%

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