EVHEvolent Health, Inc.
Is it safe?
Caution warranted: heavy debt (CCC) and big price swings.
Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -95% · now 51% 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 EVH take a bad year?
The deepest fall in EVH's price history on file is −95%; it is 51% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand, with no positive EBITDA to service it
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 79%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −95%
Worst drawdown on file · −51% today
Details›
- Total debtQ2 2026
- $966M
- Cash and short-term investments
- $116M
- Net debt
- $851M
- EBITDA, trailing twelve months
- −$316M
- Operating profit, trailing twelve months
- −$428M
- Debt / equity
- 2.52×
- Annualised volatilitytwo years of daily moves
- 79%
- Worst drawdown on file
- −95%
- Below its 52-week high
- 51%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Health Information Services
Ranks #19 of 20 by RyuScore