Is it safe?
Can KRMN take a bad year?
Karman Holdings Inc. carries $728M of net debt at 5.37× EBITDA: a heavy load to carry through a bad year.
$728M
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 5.37×
Net debt / EBITDA · 4.10× a year ago · the load is going up
- Altman Z-score
- 5.98
Altman Z-score · safe zone, above 3
- Cash runway
- 1.9 years
Cash runway · burning $6.9M a quarter at the current rate
Details›
- Total debtQ2 2026
- $780M
- Cash and short-term investments
- $52M
- Net debt
- $728M
- EBITDA, trailing twelve months
- $135M
- Operating profit, trailing twelve months
- $99M
- Debt / equity
- 1.85×
- Total debt / EBITDA
- 5.75×
- Annualised volatilitytwo years of daily moves
- 69%
- Worst drawdown on file
- −61%
- Below its 52-week high
- −58%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Aerospace & Defense
Ranks #36 of 48 by Smart Score