NATLNCR Atleos Corporation
Is it safe?
Solid, nothing alarming. Balance sheet to watch.
Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -35% · now 5% below its 52-week high.
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 NATL take a bad year?
NCR Atleos Corporation carries $2.37B of net debt at 3.43× 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
- 3.43×
Net debt / EBITDA · 3.85× a year ago · the load is coming down
- Altman Z-score
- 1.47
Altman Z-score · distress zone, below 1.8
- Interest cover
- 1.95×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ2 2026
- $2.79B
- Cash and short-term investments
- $429M
- Net debt
- $2.37B
- EBITDA, trailing twelve months
- $690M
- Operating profit, trailing twelve months
- $506M
- Debt / equity
- 6.02×
- Total debt / EBITDA
- 4.05×
- Annualised volatilitytwo years of daily moves
- 37%
- Worst drawdown on file
- −35%
- Below its 52-week high
- 4.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Application
Ranks #19 of 96 by RyuScore