CTOCTO Realty Growth, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -48% · now 9% 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 CTO take a bad year?
CTO Realty Growth, Inc. carries $641M of net debt at 6.54× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.54×
Net debt / EBITDA · 7.47× a year ago · the load is coming down
- Interest cover
- 1.30×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 21%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ1 2026
- $650M
- Cash and short-term investments
- $8.3M
- Net debt
- $641M
- EBITDA, trailing twelve months
- $98M
- Operating profit, trailing twelve months
- $36M
- Debt / equity
- 1.13×
- Total debt / EBITDA
- 6.63×
- Annualised volatilitytwo years of daily moves
- 21%
- Worst drawdown on file
- −48%
- Below its 52-week high
- 8.8%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT, Diversified
The closest names by size in the same industry