NBISNebius Group N.V.
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Insiders were net sellers (-$160.2M, 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 -58% · now 23% 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 NBIS take a bad year?
Nebius Group N.V. carries $45.0B of net debt at 0.66× EBITDA: a load its earnings can carry.
Net debt · as at FY2023 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.66×
Net debt / EBITDA · −0.73× a year ago · the load is going up
- Cash runway
- 4.8 years
Cash runway · burning $5.09B a quarter at the current rate
- Annualised volatility
- 112%
Annualised volatility · three times the market's own swing
Details›
- Total debtFY2023
- $141.5B
- Cash and short-term investments
- $96.5B
- Net debt
- $45.0B
- EBITDA, trailing twelve months
- $68.4B
- Operating profit, trailing twelve months
- $28.5B
- Debt / equity
- 0.48×
- Total debt / EBITDA
- 2.07×
- Annualised volatilitytwo years of daily moves
- 112%
- Worst drawdown on file
- −58%
- Below its 52-week high
- 23%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Internet Content & Information
Ranks #10 of 31 by RyuScore