CVNACarvana

$73.86

Is it safe?

Can CVNA take a bad year?

Carvana carries $2.90B of net debt at 1.40× EBITDA: a load its earnings can carry.

$2.90B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.40×

Net debt / EBITDA · 3.17× a year ago · the load is coming down

Interest cover
4.45×

Interest cover · operating profit covers the interest bill, with room to spare

Annualised volatility
67%

Annualised volatility · three times the market's own swing

Details
Total debtQ1 2026
$5.31B
Cash and short-term investments
$2.41B
Net debt
$2.90B
EBITDA, trailing twelve months
$2.08B
Operating profit, trailing twelve months
$2.07B
Debt / equity
1.43×
Total debt / EBITDA
2.56×
Annualised volatilitytwo years of daily moves
67%
Worst drawdown on file
−99%
Below its 52-week high
−23%

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