Is it safe?
Can GRND take a bad year?
Grindr Inc. carries $380M of net debt at 2.44× EBITDA: a load its earnings can carry.
$380M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.44×
Net debt / EBITDA · 1.43× a year ago · the load is going up
- Altman Z-score
- 4.53
Altman Z-score · safe zone, above 3
- Annualised volatility
- 47%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $386M
- Cash and short-term investments
- $6.5M
- Net debt
- $380M
- EBITDA, trailing twelve months
- $156M
- Operating profit, trailing twelve months
- $152M
- Total debt / EBITDA
- 2.48×
- Annualised volatilitytwo years of daily moves
- 47%
- Worst drawdown on file
- −87%
- Below its 52-week high
- −12%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Application
Ranks #35 of 90 by Smart Score