Is it safe?
Can MGNI take a bad year?
Magnite, Inc. carries $166M of net debt at 1.13× EBITDA: a load its earnings can carry.
$166M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.13×
Net debt / EBITDA · 1.23× a year ago · the load is coming down
- Altman Z-score
- 0.78
Altman Z-score · distress zone, below 1.8
- Interest cover
- 5.83×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $351M
- Cash and short-term investments
- $185M
- Net debt
- $166M
- EBITDA, trailing twelve months
- $147M
- Operating profit, trailing twelve months
- $107M
- Debt / equity
- 0.38×
- Total debt / EBITDA
- 2.39×
- Annualised volatilitytwo years of daily moves
- 62%
- Worst drawdown on file
- −91%
- Below its 52-week high
- −12%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
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Ranks #5 of 9 by Smart Score