LYTSLSI Industries Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -76% · now 24% 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 LYTS take a bad year?
LSI Industries Inc. carries $242M of net debt at 4.40× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q4 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.40×
Net debt / EBITDA · 0.93× a year ago · the load is going up
- Interest cover
- 6.48×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 43%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ4 2026
- $256M
- Cash and short-term investments
- $14M
- Net debt
- $242M
- EBITDA, trailing twelve months
- $55M
- Operating profit, trailing twelve months
- $38M
- Debt / equity
- 0.71×
- Total debt / EBITDA
- 4.66×
- Annualised volatilitytwo years of daily moves
- 43%
- Worst drawdown on file
- −76%
- Below its 52-week high
- 24%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Electronic Components
Ranks #8 of 25 by RyuScore