NABLN-able, Inc.
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 -81% · now 47% 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 NABL take a bad year?
N-able, Inc. carries $277M of net debt at 2.90× 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
- 2.90×
Net debt / EBITDA · 2.73× a year ago · the load is going up
- Debt / equity
- 0.49×
Debt / equity
- Annualised volatility
- 60%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $392M
- Cash and short-term investments
- $116M
- Net debt
- $277M
- EBITDA, trailing twelve months
- $95M
- Operating profit, trailing twelve months
- $50M
- Debt / equity
- 0.49×
- Total debt / EBITDA
- 4.11×
- Annualised volatilitytwo years of daily moves
- 60%
- Worst drawdown on file
- −81%
- Below its 52-week high
- 47%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Information Technology Services
Ranks #16 of 31 by RyuScore