Is it safe?
Can OLN take a bad year?
Olin Corporation carries $2.80B of net debt at 7.19× EBITDA: a heavy load to carry through a bad year.
$2.80B
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 7.19×
Net debt / EBITDA · 3.75× a year ago · the load is going up
- Altman Z-score
- 1.66
Altman Z-score · distress zone, below 1.8
- Interest cover
- none
Interest cover · no operating profit to pay the interest bill from
Details›
- Total debtQ1 2026
- $3.00B
- Cash and short-term investments
- $192M
- Net debt
- $2.80B
- EBITDA, trailing twelve months
- $390M
- Operating profit, trailing twelve months
- −$117M
- Debt / equity
- 1.73×
- Total debt / EBITDA
- 7.68×
- Annualised volatilitytwo years of daily moves
- 54%
- Worst drawdown on file
- −74%
- Below its 52-week high
- −41%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.