Is it safe?
Can CRS take a bad year?
Carpenter Technology Corporation carries $297M of net debt at 0.35× EBITDA: a load its earnings can carry.
$297M
Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.35×
Net debt / EBITDA · 0.57× a year ago · the load is coming down
- Altman Z-score
- 13.61
Altman Z-score · safe zone, above 3
- Interest cover
- 18.5×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ4 2026
- $691M
- Cash and short-term investments
- $393M
- Net debt
- $297M
- EBITDA, trailing twelve months
- $849M
- Operating profit, trailing twelve months
- $702M
- Debt / equity
- 0.31×
- Total debt / EBITDA
- 0.81×
- Annualised volatilitytwo years of daily moves
- 48%
- Worst drawdown on file
- −75%
- 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.
Metal Fabrication
Ranks #3 of 9 by Smart Score