HLFHerbalife Ltd.

$12.39

Is it safe?

Can HLF take a bad year?

Herbalife Ltd. carries $1.54B of net debt at 2.50× EBITDA: a load its earnings can carry.

$1.54B

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.50×

Net debt / EBITDA · 3.33× a year ago · the load is coming down

Altman Z-score
2.37

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
2.37×

Interest cover · operating profit covers the interest bill, with room to spare

Details
Total debtQ1 2026
$1.99B
Cash and short-term investments
$451M
Net debt
$1.54B
EBITDA, trailing twelve months
$617M
Operating profit, trailing twelve months
$497M
Total debt / EBITDA
3.23×
Annualised volatilitytwo years of daily moves
66%
Worst drawdown on file
−92%
Below its 52-week high
−38%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.