EXTRExtreme Networks, Inc.
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain and big price swings. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
High fundamental quality Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Insiders were net sellers (-$4.5M, 90 days to Oct 8, 2026), selling is often routine.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -88% · now 28% below its 52-week high.
Unless marked, from SEC EDGAR, as of Jun 30, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
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 EXTR take a bad year?
Extreme Networks, Inc. holds $48M more cash than debt, so a bad year is a question about profits, not about lenders.
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
- 4.55×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ4 2026
- $164M
- Cash and short-term investments
- $212M
- Net cash
- $48M
- EBITDA, trailing twelve months
- $72M
- Operating profit, trailing twelve months
- $63M
- Debt / equity
- 1.85×
- Total debt / EBITDA
- 2.29×
- Annualised volatilitytwo years of daily moves
- 50%
- Worst drawdown on file
- −88%
- Below its 52-week high
- 28%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Communication Equipment
Ranks #13 of 20 by RyuScore