CTEVClaritev Corporation
Is it safe?
Caution warranted: heavy debt (CCC) 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 -99% · now 66% 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 CTEV take a bad year?
Claritev Corporation carries $4.59B of net debt at 34.2× 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
- 34.2×
Net debt / EBITDA
- Cash runway
- 0.8 years
Cash runway · burning $4.5M a quarter at the current rate
- Annualised volatility
- 133%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $4.60B
- Cash and short-term investments
- $14M
- Net debt
- $4.59B
- EBITDA, trailing twelve months
- $134M
- Operating profit, trailing twelve months
- $32M
- Total debt / EBITDA
- 34.3×
- Annualised volatilitytwo years of daily moves
- 133%
- Worst drawdown on file
- −99%
- Below its 52-week high
- 66%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Health Information Services
Ranks #12 of 20 by RyuScore