CSTLCastle Biosciences, Inc.

$33.72+47% 1Y

Is it safe?

Watch

Caution warranted: heavy debt (BB) and big price swings.

2 to watch, 1 neutral, 3 without data
Insider conviction-$516KSEC EDGAR · Oct 8, 2026

Insiders were net sellers (-$516K, 90 days to Oct 8, 2026), selling is often routine.

Credit gradeBBderived · Jun 30, 2026

Net cash, but unprofitable, speculative. A rule of thumb on leverage, not a credit rating.

Drawdown risk59% volderived · Oct 8, 2026

Large price swings, high volatility. Worst drawdown -88% · now 22% 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 CSTL take a bad year?

Castle Biosciences, Inc. holds $257M more cash than debt, and is burning $122K a quarter, about 545.6 years of cover.

$257M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Cash runway
5+ years

Cash runway · burning $122K a quarter at the current rate

Annualised volatility
59%

Annualised volatility · roughly twice as jumpy as the market

Details›
Total debtQ2 2026
$10M
Cash and short-term investments
$267M
Net cash
$257M
EBITDA, trailing twelve months
−$21M
Operating profit, trailing twelve months
−$32M
Debt / equity
0.02×
Annualised volatilitytwo years of daily moves
59%
Worst drawdown on file
−88%
Below its 52-week high
22%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.