Is it safe?
Can ESAB take a bad year?
ESAB Corporation carries $1.03B of net debt at 2.13× EBITDA: a load its earnings can carry.
$1.03B
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.13×
Net debt / EBITDA · 1.52× a year ago · the load is going up
- Altman Z-score
- 2.68
Altman Z-score · grey zone, between 1.8 and 3
- Debt / equity
- 0.93×
Debt / equity
Details›
- Total debtQ1 2026
- $2.04B
- Cash and short-term investments
- $1.00B
- Net debt
- $1.03B
- EBITDA, trailing twelve months
- $483M
- Operating profit, trailing twelve months
- $393M
- Debt / equity
- 0.93×
- Total debt / EBITDA
- 4.21×
- Annualised volatilitytwo years of daily moves
- 42%
- Worst drawdown on file
- −42%
- Below its 52-week high
- −39%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.