Is it safe?
Can DKNG take a bad year?
DraftKings Inc. carries $874M of net debt at 8.81× EBITDA: a heavy load to carry through a bad year.
$874M
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 8.81×
Net debt / EBITDA
- Altman Z-score
- 1.11
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 3.26×
Debt / equity
Details›
- Total debtQ2 2026
- $1.86B
- Cash and short-term investments
- $984M
- Net debt
- $874M
- EBITDA, trailing twelve months
- $99M
- Operating profit, trailing twelve months
- −$182M
- Debt / equity
- 3.26×
- Total debt / EBITDA
- 18.7×
- Annualised volatilitytwo years of daily moves
- 50%
- Worst drawdown on file
- −86%
- Below its 52-week high
- −49%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.