OISOil States International, Inc.
Is it safe?
Caution warranted: heavy debt (BB) and big price swings.
Net cash, but unprofitable, speculative. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -96% · 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 OIS take a bad year?
Oil States International, Inc. holds $1.4M more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Debt / equity
- 0.03×
Debt / equity
- Annualised volatility
- 57%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $18M
- Cash and short-term investments
- $20M
- Net cash
- $1.4M
- EBITDA, trailing twelve months
- −$53M
- Operating profit, trailing twelve months
- −$93M
- Debt / equity
- 0.03×
- Annualised volatilitytwo years of daily moves
- 57%
- Worst drawdown on file
- −96%
- Below its 52-week high
- 43%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.