EXTRExtreme Networks, Inc.

$22.83

Is it safe?

Can EXTR take a bad year?

Extreme Networks, Inc. holds $13M more cash than debt, so a bad year is a question about profits, not about lenders.

$13M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
2.06

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
2.92×

Interest cover · operating profit covers the interest bill, with room to spare

Details
Total debtQ3 2026
$197M
Cash and short-term investments
$210M
Net cash
$13M
EBITDA, trailing twelve months
$48M
Operating profit, trailing twelve months
$40M
Debt / equity
2.50×
Total debt / EBITDA
4.08×
Annualised volatilitytwo years of daily moves
50%
Worst drawdown on file
−88%
Below its 52-week high
−32%

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