Is it safe?
Can HTLD take a bad year?
Heartland Express, Inc. carries $105M of net debt at 3.60× EBITDA: a load its earnings can carry.
$105M
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.60×
Net debt / EBITDA · 2.61× a year ago · the load is going up
- Altman Z-score
- 3.28
Altman Z-score · safe zone, above 3
- Cash runway
- 0.7 years
Cash runway · burning $16M a quarter at the current rate
Details›
- Total debtQ1 2026
- $150M
- Cash and short-term investments
- $44M
- Net debt
- $105M
- EBITDA, trailing twelve months
- $29M
- Operating profit, trailing twelve months
- −$46M
- Debt / equity
- 0.20×
- Total debt / EBITDA
- 5.11×
- Annualised volatilitytwo years of daily moves
- 38%
- Worst drawdown on file
- −70%
- Below its 52-week high
- −23%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.