MESOMesoblast Limited
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 -96% · now 32% 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 MESO take a bad year?
The deepest fall in MESO's price history on file is −96%; it is 32% below its high today.
Net debt · as at Q4 2023 · debt less the cash on hand
- Debt / equity
- 0.23×
Debt / equity
- Annualised volatility
- 74%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −96%
Worst drawdown on file · −32% today
Details›
- Total debtQ4 2023
- $115M
- Cash and short-term investments
- $71M
- Net debt
- $43M
- Debt / equity
- 0.23×
- Annualised volatilitytwo years of daily moves
- 74%
- Worst drawdown on file
- −96%
- Below its 52-week high
- 32%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.