CALYCallaway Golf Company

$15.74

Is it safe?

Can CALY take a bad year?

Callaway Golf Company holds $303M more cash than debt, and is burning $35M a quarter, about 3.6 years of cover.

$303M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
0.81

Altman Z-score · distress zone, below 1.8

Cash runway
3.6 years

Cash runway · burning $35M a quarter at the current rate

Details
Total debtQ1 2026
$197M
Cash and short-term investments
$500M
Net cash
$303M
EBITDA, trailing twelve months
$151M
Operating profit, trailing twelve months
$163M
Debt / equity
0.09×
Total debt / EBITDA
1.30×
Annualised volatilitytwo years of daily moves
59%
Worst drawdown on file
−85%
Below its 52-week high
−20%

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