Is it safe?
Can CBL take a bad year?
CBL & Associates Properties, Inc. carries $1.96B of net debt at 6.34× EBITDA: a heavy load to carry through a bad year.
$1.96B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.34×
Net debt / EBITDA · 7.76× a year ago · the load is coming down
- Interest cover
- 0.88×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 28%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $2.08B
- Cash and short-term investments
- $123M
- Net debt
- $1.96B
- EBITDA, trailing twelve months
- $309M
- Operating profit, trailing twelve months
- $151M
- Debt / equity
- 5.22×
- Total debt / EBITDA
- 6.74×
- Annualised volatilitytwo years of daily moves
- 28%
- Worst drawdown on file
- −34%
- Below its 52-week high
- −7.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.