DOLEDole plc
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -56% · now 19% 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 DOLE take a bad year?
Dole plc carries $713M of net debt at 2.62× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.62×
Net debt / EBITDA · 2.04× a year ago · the load is going up
- Interest cover
- 2.72×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 27%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $1.01B
- Cash and short-term investments
- $299M
- Net debt
- $713M
- EBITDA, trailing twelve months
- $272M
- Operating profit, trailing twelve months
- $161M
- Debt / equity
- 0.76×
- Total debt / EBITDA
- 3.72×
- Annualised volatilitytwo years of daily moves
- 27%
- Worst drawdown on file
- −56%
- Below its 52-week high
- 19%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.