GRNDGrindr Inc.
Is it safe?
Forensics clean, with a caveat: a safe balance sheet, but big price swings.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$16.9M, 90 days to Oct 8, 2026), selling is often routine.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -87% · now 16% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
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 GRND take a bad year?
Grindr Inc. carries $380M of net debt at 2.44× 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
- 2.44×
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
- 16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Application
Ranks #20 of 96 by RyuScore