DNUTKrispy Kreme, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -87% · now 36% 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 DNUT take a bad year?
Krispy Kreme, Inc. carries $843M of net debt at 8.65× 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
- 8.65×
Net debt / EBITDA
- Debt / equity
- 1.40×
Debt / equity
- Annualised volatility
- 68%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $865M
- Cash and short-term investments
- $22M
- Net debt
- $843M
- EBITDA, trailing twelve months
- $97M
- Operating profit, trailing twelve months
- −$29M
- Debt / equity
- 1.40×
- Total debt / EBITDA
- 8.88×
- Annualised volatilitytwo years of daily moves
- 68%
- Worst drawdown on file
- −87%
- Below its 52-week high
- 36%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.