Is it safe?
Can MSA take a bad year?
MSA Safety Incorporated carries $433M of net debt at 0.94× EBITDA: a load its earnings can carry.
$433M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.94×
Net debt / EBITDA · 0.73× a year ago · the load is going up
- Altman Z-score
- 5.60
Altman Z-score · safe zone, above 3
- Interest cover
- 11.8×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $613M
- Cash and short-term investments
- $180M
- Net debt
- $433M
- EBITDA, trailing twelve months
- $461M
- Operating profit, trailing twelve months
- $387M
- Debt / equity
- 0.45×
- Total debt / EBITDA
- 1.33×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −38%
- Below its 52-week high
- −5.7%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Security & Protection Services
Ranks #6 of 7 by Smart Score