LINDLindblad Expeditions Holdings, Inc.
Is it safe?
Solid, nothing alarming: heavy debt (BB) and big price swings.
Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Moderately leveraged. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -83% · now at/near its 52-week high.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
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 LIND take a bad year?
Lindblad Expeditions Holdings, Inc. carries $345M of net debt at 2.71× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.71×
Net debt / EBITDA · 4.51× a year ago · the load is coming down
- Annualised volatility
- 55%
Annualised volatility · roughly twice as jumpy as the market
- Worst drawdown on file
- −83%
Worst drawdown on file · −0.83% today
Details›
- Total debtQ2 2026
- $664M
- Cash and short-term investments
- $319M
- Net debt
- $345M
- EBITDA, trailing twelve months
- $127M
- Operating profit, trailing twelve months
- $58M
- Total debt / EBITDA
- 5.22×
- Annualised volatilitytwo years of daily moves
- 55%
- Worst drawdown on file
- −83%
- Below its 52-week high
- 0.83%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.