MGNIMagnite, Inc.
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain and big price swings. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
Mixed fundamental signals Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Insiders were net sellers (-$17.0M, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -91% · now 2% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
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 MGNI take a bad year?
Magnite, Inc. carries $18M of net debt at 0.11× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.11×
Net debt / EBITDA · 1.11× a year ago · the load is coming down
- Altman Z-score
- 0.78
Altman Z-score · distress zone, below 1.8
- Interest cover
- 5.93×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $350M
- Cash and short-term investments
- $333M
- Net debt
- $18M
- EBITDA, trailing twelve months
- $159M
- Operating profit, trailing twelve months
- $116M
- Debt / equity
- 0.37×
- Total debt / EBITDA
- 2.20×
- Annualised volatilitytwo years of daily moves
- 63%
- Worst drawdown on file
- −91%
- Below its 52-week high
- 2.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
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Ranks #9 of 11 by RyuScore