BRCCBRC Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -98% · now 3% 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 BRCC take a bad year?
BRC Inc. carries $20M of net debt at 3.42× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.42×
Net debt / EBITDA
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 674%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $32M
- Cash and short-term investments
- $12M
- Net debt
- $20M
- EBITDA, trailing twelve months
- $5.7M
- Operating profit, trailing twelve months
- −$4.1M
- Debt / equity
- 0.65×
- Total debt / EBITDA
- 5.53×
- Annualised volatilitytwo years of daily moves
- 674%
- Worst drawdown on file
- −98%
- 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.