CSVCarriage Services, Inc.
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 -69% · now 34% 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 CSV take a bad year?
Carriage Services, Inc. carries $3.7M of net debt at 0.03× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.03×
Net debt / EBITDA · 0.03× a year ago · the load is coming down
- Interest cover
- 3.31×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 29%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $6.2M
- Cash and short-term investments
- $2.5M
- Net debt
- $3.7M
- EBITDA, trailing twelve months
- $110M
- Operating profit, trailing twelve months
- $91M
- Debt / equity
- 0.02×
- Total debt / EBITDA
- 0.06×
- Annualised volatilitytwo years of daily moves
- 29%
- Worst drawdown on file
- −69%
- Below its 52-week high
- 34%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.