BOCBoston Omaha Corporation
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (AA) and typical volatility.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -77% · now 14% below its 52-week high.
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 BOC take a bad year?
Boston Omaha Corporation carries $29M of net debt at 2.28× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.28×
Net debt / EBITDA
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 30%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $48M
- Cash and short-term investments
- $19M
- Net debt
- $29M
- EBITDA, trailing twelve months
- $13M
- Operating profit, trailing twelve months
- −$5.1M
- Debt / equity
- 0.10×
- Total debt / EBITDA
- 3.75×
- Annualised volatilitytwo years of daily moves
- 30%
- Worst drawdown on file
- −77%
- Below its 52-week high
- 14%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.