Is it safe?
Can FTAI take a bad year?
FTAI Aviation Ltd. carries $3.12B of net debt at 3.26× EBITDA: a load its earnings can carry.
$3.12B
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.26×
Net debt / EBITDA · 3.51× a year ago · the load is coming down
- Cash runway
- 0.7 years
Cash runway · burning $120M a quarter at the current rate
- Annualised volatility
- 73%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $3.45B
- Cash and short-term investments
- $337M
- Net debt
- $3.12B
- EBITDA, trailing twelve months
- $955M
- Operating profit, trailing twelve months
- $745M
- Debt / equity
- 8.55×
- Total debt / EBITDA
- 3.62×
- Annualised volatilitytwo years of daily moves
- 73%
- Worst drawdown on file
- −73%
- Below its 52-week high
- −35%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
Ranks #23 of 48 by Smart Score