CMBTCmb.Tech NV
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 -57% · now at/near 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 CMBT take a bad year?
Cmb.Tech NV carries $1.41B of net debt at 1.21× EBITDA: a load its earnings can carry.
Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.21×
Net debt / EBITDA · −0.21× a year ago · the load is going up
- Interest cover
- 5.92×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 42%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2024
- $1.45B
- Cash and short-term investments
- $39M
- Net debt
- $1.41B
- EBITDA, trailing twelve months
- $1.17B
- Operating profit, trailing twelve months
- $1.00B
- Debt / equity
- 1.22×
- Total debt / EBITDA
- 1.25×
- Annualised volatilitytwo years of daily moves
- 42%
- Worst drawdown on file
- −57%
- Below its 52-week high
- 1.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Midstream
Ranks #7 of 22 by RyuScore