GNLGlobal Net Lease, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -58% · now 21% below its 52-week high.
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 GNL take a bad year?
Global Net Lease, Inc. carries $833M of net debt at 2.35× 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
- 2.35×
Net debt / EBITDA · 4.05× a year ago · the load is coming down
- Interest cover
- 1.10×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 24%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $987M
- Cash and short-term investments
- $154M
- Net debt
- $833M
- EBITDA, trailing twelve months
- $355M
- Operating profit, trailing twelve months
- $182M
- Debt / equity
- 0.65×
- Total debt / EBITDA
- 2.78×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −58%
- Below its 52-week high
- 21%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT, Diversified
The closest names by size in the same industry