Is it safe?
Can BNL take a bad year?
Broadstone Net Lease, Inc. carries $2.63B of net debt at 6.97× EBITDA: a heavy load to carry through a bad year.
$2.63B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.97×
Net debt / EBITDA · 6.00× a year ago · the load is going up
- Cash runway
- 0.1 years
Cash runway · burning $77M a quarter at the current rate
- Annualised volatility
- 20%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $2.65B
- Cash and short-term investments
- $20M
- Net debt
- $2.63B
- EBITDA, trailing twelve months
- $378M
- Operating profit, trailing twelve months
- $214M
- Debt / equity
- 0.92×
- Total debt / EBITDA
- 7.02×
- Annualised volatilitytwo years of daily moves
- 20%
- Worst drawdown on file
- −44%
- Below its 52-week high
- −6.7%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.