OECOrion S.A.
Is it safe?
Caution warranted: heavy debt (B) and big price swings.
Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -87% · now 30% 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 OEC take a bad year?
Orion S.A. carries $1.30B of net debt at 9.94× 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
- 9.94×
Net debt / EBITDA · 6.51× a year ago · the load is going up
- Debt / equity
- 3.56×
Debt / equity
- Annualised volatility
- 60%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $1.35B
- Cash and short-term investments
- $51M
- Net debt
- $1.30B
- EBITDA, trailing twelve months
- $131M
- Operating profit, trailing twelve months
- −$3.1M
- Debt / equity
- 3.56×
- Total debt / EBITDA
- 10.3×
- Annualised volatilitytwo years of daily moves
- 60%
- Worst drawdown on file
- −87%
- Below its 52-week high
- 30%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Specialty Chemicals
Ranks #23 of 33 by RyuScore