Is it safe?
Can KALU take a bad year?
Kaiser Aluminum Corporation carries $1.01B of net debt at 2.74× EBITDA: a load its earnings can carry.
$1.01B
Net debt · as at Q1 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.74×
Net debt / EBITDA · 4.13× a year ago · the load is coming down
- Altman Z-score
- 3.05
Altman Z-score · safe zone, above 3
- Interest cover
- 4.60×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $1.04B
- Cash and short-term investments
- $30M
- Net debt
- $1.01B
- EBITDA, trailing twelve months
- $368M
- Operating profit, trailing twelve months
- $245M
- Debt / equity
- 1.18×
- Total debt / EBITDA
- 2.82×
- Annualised volatilitytwo years of daily moves
- 46%
- Worst drawdown on file
- −58%
- 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.