ONTOnterris, Inc.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and big price swings.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -86% · now 54% 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 ONT take a bad year?
Onterris, Inc. carries $336M of net debt at 5.80× 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
- 5.80×
Net debt / EBITDA · 7.50× a year ago · the load is coming down
- Debt / equity
- 0.81×
Debt / equity
- Annualised volatility
- 75%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $349M
- Cash and short-term investments
- $13M
- Net debt
- $336M
- EBITDA, trailing twelve months
- $58M
- Operating profit, trailing twelve months
- $7.8M
- Debt / equity
- 0.81×
- Total debt / EBITDA
- 6.02×
- Annualised volatilitytwo years of daily moves
- 75%
- Worst drawdown on file
- −86%
- Below its 52-week high
- 54%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.