Is it safe?
Can HPQ take a bad year?
HP Inc. carries $5.96B of net debt at 1.60× EBITDA: a load its earnings can carry.
$5.96B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.60×
Net debt / EBITDA · 2.01× a year ago · the load is coming down
- Altman Z-score
- 1.62
Altman Z-score · distress zone, below 1.8
- Interest cover
- 7.45×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $9.67B
- Cash and short-term investments
- $3.70B
- Net debt
- $5.96B
- EBITDA, trailing twelve months
- $3.72B
- Operating profit, trailing twelve months
- $3.05B
- Total debt / EBITDA
- 2.60×
- Annualised volatilitytwo years of daily moves
- 40%
- Worst drawdown on file
- −51%
- 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.
Computer Hardware
Ranks #7 of 11 by Smart Score