FTKFlotek Industries, Inc.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -97% · now 30% 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 FTK take a bad year?
Flotek Industries, Inc. carries $36M of net debt at 0.89× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.89×
Net debt / EBITDA · 2.05× a year ago · the load is coming down
- Interest cover
- 6.92×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 80%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $40M
- Cash and short-term investments
- $4.4M
- Net debt
- $36M
- EBITDA, trailing twelve months
- $40M
- Operating profit, trailing twelve months
- $38M
- Debt / equity
- 0.31×
- Total debt / EBITDA
- 1.00×
- Annualised volatilitytwo years of daily moves
- 80%
- Worst drawdown on file
- −97%
- Below its 52-week high
- 30%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Equipment & Services
Ranks #24 of 29 by RyuScore