OLPOne Liberty Properties, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (BBB) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -60% · now 14% 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 OLP take a bad year?
One Liberty Properties, Inc. carries $515M of net debt at 5.72× 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
- 5.72×
Net debt / EBITDA · 5.64× a year ago · the load is going up
- Cash runway
- 0.1 years
Cash runway · burning $31M a quarter at the current rate
- Annualised volatility
- 21%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2026
- $528M
- Cash and short-term investments
- $13M
- Net debt
- $515M
- EBITDA, trailing twelve months
- $90M
- Operating profit, trailing twelve months
- $59M
- Debt / equity
- 1.74×
- Total debt / EBITDA
- 5.87×
- Annualised volatilitytwo years of daily moves
- 21%
- Worst drawdown on file
- −60%
- Below its 52-week high
- 14%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
REIT, Diversified
The closest names by size in the same industry