LSAKLesaka Technologies, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -79% · now 13% 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 LSAK take a bad year?
Lesaka Technologies, Inc. carries $129M of net debt at 2.15× EBITDA: a load its earnings can carry.
Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.15×
Net debt / EBITDA · 20.8× a year ago · the load is coming down
- Interest cover
- 0.70×
Interest cover · operating profit does not cover the interest bill
- Annualised volatility
- 38%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ4 2026
- $211M
- Cash and short-term investments
- $81M
- Net debt
- $129M
- EBITDA, trailing twelve months
- $60M
- Operating profit, trailing twelve months
- $13M
- Debt / equity
- 1.03×
- Total debt / EBITDA
- 3.50×
- Annualised volatilitytwo years of daily moves
- 38%
- Worst drawdown on file
- −79%
- Below its 52-week high
- 13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Infrastructure
Ranks #31 of 80 by RyuScore