Is it safe?
Can MAT take a bad year?
Mattel, Inc. carries $1.47B of net debt at 2.26× EBITDA: a load its earnings can carry.
$1.47B
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 2.26×
Net debt / EBITDA · 1.32× a year ago · the load is going up
- Altman Z-score
- 2.77
Altman Z-score · grey zone, between 1.8 and 3
- Interest cover
- 4.12×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $2.33B
- Cash and short-term investments
- $866M
- Net debt
- $1.47B
- EBITDA, trailing twelve months
- $649M
- Operating profit, trailing twelve months
- $497M
- Debt / equity
- 1.11×
- Total debt / EBITDA
- 3.60×
- Annualised volatilitytwo years of daily moves
- 40%
- Worst drawdown on file
- −77%
- Below its 52-week high
- −31%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.