KRNTKornit Digital Ltd.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -93% · now at/near 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 KRNT take a bad year?
Kornit Digital Ltd. holds $630M more cash than debt, and is burning $26M a quarter, about 6.1 years of cover.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Cash runway
- 5+ years
Cash runway · burning $26M a quarter at the current rate
- Annualised volatility
- 52%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ4 2021
- $9.2M
- Cash and short-term investments
- $640M
- Net cash
- $630M
- Operating profit, trailing twelve months
- $15M
- Debt / equity
- 0.01×
- Annualised volatilitytwo years of daily moves
- 52%
- Worst drawdown on file
- −93%
- Below its 52-week high
- 0.77%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Industrial Machinery
Ranks #23 of 33 by RyuScore