OFIXOrthofix Medical Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and typical volatility.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Moderate price swings, typical volatility. Worst drawdown -87% · now 43% 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 OFIX take a bad year?
Orthofix Medical Inc. carries $118M of net debt at 8.62× 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
- 8.62×
Net debt / EBITDA
- Cash runway
- 3.7 years
Cash runway · burning $7.0M a quarter at the current rate
- Annualised volatility
- 43%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $222M
- Cash and short-term investments
- $104M
- Net debt
- $118M
- EBITDA, trailing twelve months
- $14M
- Operating profit, trailing twelve months
- −$39M
- Debt / equity
- 0.52×
- Total debt / EBITDA
- 16.2×
- Annualised volatilitytwo years of daily moves
- 43%
- Worst drawdown on file
- −87%
- Below its 52-week high
- 44%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.