LUMNLumen Technologies, Inc.
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain, quality weak, and heavy debt (BB). Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Weak, deteriorating fundamentals 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.
Insiders were net buyers (+$613K, 90 days to Oct 8, 2026). SEC Form 4 filings: officers and directors must report their own trades within two business days.
Moderately leveraged. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -94% · now 55% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
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 LUMN take a bad year?
Lumen Technologies, Inc. carries $11.3B of net debt at 3.94× 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
- 3.94×
Net debt / EBITDA · 6.16× a year ago · the load is coming down
- Altman Z-score
- -0.25
Altman Z-score · distress zone, below 1.8
- Annualised volatility
- 76%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $13.2B
- Cash and short-term investments
- $1.88B
- Net debt
- $11.3B
- EBITDA, trailing twelve months
- $2.88B
- Operating profit, trailing twelve months
- $198M
- Total debt / EBITDA
- 4.59×
- Annualised volatilitytwo years of daily moves
- 76%
- Worst drawdown on file
- −94%
- Below its 52-week high
- 55%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.