HYHyster-Yale, Inc.
Is it safe?
Caution warranted: heavy debt (CCC) and big price swings.
Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -78% · now 20% 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 HY take a bad year?
The deepest fall in HY's price history on file is −78%; it is 20% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand, with no positive EBITDA to service it
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 47%
Annualised volatility · roughly twice as jumpy as the market
- Worst drawdown on file
- −78%
Worst drawdown on file · −20% today
Details›
- Total debtQ2 2026
- $500M
- Cash and short-term investments
- $73M
- Net debt
- $427M
- EBITDA, trailing twelve months
- −$36M
- Operating profit, trailing twelve months
- −$81M
- Debt / equity
- 1.28×
- Annualised volatilitytwo years of daily moves
- 47%
- Worst drawdown on file
- −78%
- Below its 52-week high
- 20%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Farm & Heavy Construction Machinery
Ranks #10 of 14 by RyuScore