DOXAmdocs Limited

$62.27

Is it safe?

Can DOX take a bad year?

Amdocs Limited carries $132M of net debt at 0.17× EBITDA: a load its earnings can carry.

$132M

Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.17×

Net debt / EBITDA · −0.12× a year ago · the load is going up

Interest cover
18.0×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
25%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2024
$646M
Cash and short-term investments
$514M
Net debt
$132M
EBITDA, trailing twelve months
$757M
Operating profit, trailing twelve months
$629M
Debt / equity
0.19×
Total debt / EBITDA
0.85×
Annualised volatilitytwo years of daily moves
25%
Worst drawdown on file
−46%
Below its 52-week high
−29%

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