CPSCooper-Standard Holdings Inc.
Is it safe?
Caution warranted: heavy debt (B) and big price swings.
Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -97% · now 52% 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 CPS take a bad year?
Cooper-Standard Holdings Inc. carries $1.02B of net debt at 7.52× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 7.52×
Net debt / EBITDA · 4.64× a year ago · the load is going up
- Cash runway
- 5+ years
Cash runway · burning $1.2M a quarter at the current rate
- Annualised volatility
- 73%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $1.14B
- Cash and short-term investments
- $127M
- Net debt
- $1.02B
- EBITDA, trailing twelve months
- $135M
- Operating profit, trailing twelve months
- $64M
- Total debt / EBITDA
- 8.46×
- Annualised volatilitytwo years of daily moves
- 73%
- Worst drawdown on file
- −97%
- Below its 52-week high
- 52%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.