Is it safe?
Can GHC take a bad year?
Graham Holdings Company carries $744M of net debt at 2.23× EBITDA: a load its earnings can carry.
$744M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.23×
Net debt / EBITDA · 1.79× a year ago · the load is going up
- Altman Z-score
- 3.03
Altman Z-score · safe zone, above 3
- Interest cover
- 4.95×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ2 2026
- $900M
- Cash and short-term investments
- $157M
- Net debt
- $744M
- EBITDA, trailing twelve months
- $333M
- Operating profit, trailing twelve months
- $256M
- Debt / equity
- 0.19×
- Total debt / EBITDA
- 2.70×
- Annualised volatilitytwo years of daily moves
- 28%
- Worst drawdown on file
- −63%
- Below its 52-week high
- −4.4%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Education & Training Services
Ranks #10 of 16 by Smart Score