Is it safe?
Can CWT take a bad year?
California Water Service Group carries $1.63B of net debt at 4.97× EBITDA: a heavy load to carry through a bad year.
$1.63B
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.97×
Net debt / EBITDA · 4.74× a year ago · the load is going up
- Altman Z-score
- 0.86
Altman Z-score · distress zone, below 1.8
- Interest cover
- 2.41×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $1.68B
- Cash and short-term investments
- $43M
- Net debt
- $1.63B
- EBITDA, trailing twelve months
- $329M
- Operating profit, trailing twelve months
- $185M
- Debt / equity
- 0.93×
- Total debt / EBITDA
- 5.10×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −38%
- Below its 52-week high
- −4.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Water
Ranks #5 of 6 by Smart Score