HKDAMTD Digital Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -100% · now 42% 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 HKD take a bad year?
AMTD Digital Inc. carries $214M of net debt at 20.2× EBITDA: a heavy load to carry through a bad year.
Net debt · as at FY2025 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 20.2×
Net debt / EBITDA · 4.67× a year ago · the load is going up
- Debt / equity
- 0.99×
Debt / equity
- Annualised volatility
- 85%
Annualised volatility · three times the market's own swing
Details›
- Total debtFY2025
- $260M
- Cash and short-term investments
- $46M
- Net debt
- $214M
- EBITDA, trailing twelve months
- $11M
- Operating profit, trailing twelve months
- $1.1M
- Debt / equity
- 0.99×
- Total debt / EBITDA
- 24.5×
- Annualised volatilitytwo years of daily moves
- 85%
- Worst drawdown on file
- −100%
- Below its 52-week high
- 42%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Application
Ranks #56 of 96 by RyuScore