NWNNorthwest Natural Holding Company

$50.39

Is it safe?

Can NWN take a bad year?

Northwest Natural Holding Company carries $2.57B of net debt at 5.60× EBITDA: a heavy load to carry through a bad year.

$2.57B

Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy

Net debt / EBITDA
5.60×

Net debt / EBITDA · 5.80× a year ago · the load is coming down

Altman Z-score
0.68

Altman Z-score · distress zone, below 1.8

Cash runway
0.1 years

Cash runway · burning $68M a quarter at the current rate

Details
Total debtQ1 2026
$2.60B
Cash and short-term investments
$35M
Net debt
$2.57B
EBITDA, trailing twelve months
$459M
Operating profit, trailing twelve months
$289M
Debt / equity
1.65×
Total debt / EBITDA
5.68×
Annualised volatilitytwo years of daily moves
20%
Worst drawdown on file
−46%
Below its 52-week high
−8.8%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.