MNTKMontauk Renewables, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -94% · now 7% 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 MNTK take a bad year?
Montauk Renewables, Inc. carries $134M of net debt at 3.93× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 3.93×
Net debt / EBITDA · 1.11× a year ago · the load is going up
- Cash runway
- 0.2 years
Cash runway · burning $21M a quarter at the current rate
- Annualised volatility
- 83%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $150M
- Cash and short-term investments
- $16M
- Net debt
- $134M
- EBITDA, trailing twelve months
- $34M
- Operating profit, trailing twelve months
- $1.1M
- Debt / equity
- 0.57×
- Total debt / EBITDA
- 4.40×
- Annualised volatilitytwo years of daily moves
- 83%
- Worst drawdown on file
- −94%
- Below its 52-week high
- 7.1%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Chemicals
Ranks #21 of 33 by RyuScore