MBUUMalibu Boats, Inc.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -76% · now 36% 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 MBUU take a bad year?
Malibu Boats, Inc. carries $91M of net debt at 2.50× 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
- 2.50×
Net debt / EBITDA · −0.35× a year ago · the load is going up
- Interest cover
- 0.87×
Interest cover · operating profit does not cover the interest bill
- Annualised volatility
- 50%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ4 2026
- $165M
- Cash and short-term investments
- $74M
- Net debt
- $91M
- EBITDA, trailing twelve months
- $36M
- Operating profit, trailing twelve months
- $3.1M
- Debt / equity
- 0.32×
- Total debt / EBITDA
- 4.55×
- Annualised volatilitytwo years of daily moves
- 50%
- Worst drawdown on file
- −76%
- Below its 52-week high
- 36%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.