Is it safe?
Can CRWV take a bad year?
CoreWeave, Inc. carries $30.0B of net debt at 7.99× EBITDA: a heavy load to carry through a bad year.
$30.0B
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 7.99×
Net debt / EBITDA · 5.39× a year ago · the load is going up
- Altman Z-score
- 0.51
Altman Z-score · distress zone, below 1.8
- Cash runway
- 0.4 years
Cash runway · burning $3.41B a quarter at the current rate
Details›
- Total debtQ2 2026
- $35.6B
- Cash and short-term investments
- $5.54B
- Net debt
- $30.0B
- EBITDA, trailing twelve months
- $3.76B
- Operating profit, trailing twelve months
- −$231M
- Debt / equity
- 7.08×
- Total debt / EBITDA
- 9.46×
- Annualised volatilitytwo years of daily moves
- 114%
- Worst drawdown on file
- −65%
- Below its 52-week high
- −40%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #68 of 78 by Smart Score