Is it safe?
Can MEOH take a bad year?
Methanex Corporation carries $2.37B of net debt at 2.70× EBITDA: a load its earnings can carry.
$2.37B
Net debt · as at FY2025 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.70×
Net debt / EBITDA · 2.06× a year ago · the load is going up
- Interest cover
- 1.96×
Interest cover · operating profit barely covers the interest bill
- Annualised volatility
- 47%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtFY2025
- $2.79B
- Cash and short-term investments
- $425M
- Net debt
- $2.37B
- EBITDA, trailing twelve months
- $877M
- Operating profit, trailing twelve months
- $431M
- Debt / equity
- 1.14×
- Total debt / EBITDA
- 3.19×
- Annualised volatilitytwo years of daily moves
- 47%
- Worst drawdown on file
- −88%
- 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.