NWENorthWestern Energy Group, Inc.
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.
Relatively steady, low volatility. Worst drawdown -39% · now at/near 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 NWE take a bad year?
NorthWestern Energy Group, Inc. carries $3.58B of net debt at 6.21× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 6.21×
Net debt / EBITDA · 5.46× a year ago · the load is going up
- Altman Z-score
- 0.91
Altman Z-score · distress zone, below 1.8
- Cash runway
- 0.0 years
Cash runway · burning $48M a quarter at the current rate
Details›
- Total debtQ2 2026
- $3.59B
- Cash and short-term investments
- $4.2M
- Net debt
- $3.58B
- EBITDA, trailing twelve months
- $577M
- Operating profit, trailing twelve months
- $319M
- Debt / equity
- 1.24×
- Total debt / EBITDA
- 6.21×
- Annualised volatilitytwo years of daily moves
- 22%
- Worst drawdown on file
- −39%
- Below its 52-week high
- 0.70%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities, Regulated Electric
Ranks #12 of 15 by RyuScore