Is it safe?
Can CDRE take a bad year?
Cadre Holdings, Inc. carries $322M of net debt at 4.20× EBITDA: a heavy load to carry through a bad year.
$322M
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.20×
Net debt / EBITDA · 1.07× a year ago · the load is going up
- Altman Z-score
- 3.15
Altman Z-score · safe zone, above 3
- Debt / equity
- 1.09×
Debt / equity
Details›
- Total debtQ1 2026
- $366M
- Cash and short-term investments
- $44M
- Net debt
- $322M
- EBITDA, trailing twelve months
- $77M
- Operating profit, trailing twelve months
- $61M
- Debt / equity
- 1.09×
- Total debt / EBITDA
- 4.77×
- Annualised volatilitytwo years of daily moves
- 45%
- Worst drawdown on file
- −41%
- Below its 52-week high
- −31%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
Ranks #22 of 48 by Smart Score