KOPKoppers Holdings Inc.
Is it safe?
Nothing alarming, nothing pristine: heavy debt (BB) and typical volatility.
Moderately leveraged. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -84% · now 15% 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 KOP take a bad year?
Koppers Holdings Inc. carries $857M of net debt at 26.3× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 26.3×
Net debt / EBITDA · 4.86× a year ago · the load is going up
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
- Annualised volatility
- 38%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $898M
- Cash and short-term investments
- $41M
- Net debt
- $857M
- EBITDA, trailing twelve months
- $33M
- Operating profit, trailing twelve months
- −$42M
- Debt / equity
- 2.32×
- Total debt / EBITDA
- 27.5×
- Annualised volatilitytwo years of daily moves
- 38%
- Worst drawdown on file
- −84%
- Below its 52-week high
- 15%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Chemicals
Ranks #22 of 33 by RyuScore