Is it safe?
Can OPLN take a bad year?
OPENLANE, Inc. carries $345M of net debt at 1.04× EBITDA: a load its earnings can carry.
$345M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.04×
Net debt / EBITDA · −0.38× a year ago · the load is going up
- Altman Z-score
- 1.55
Altman Z-score · distress zone, below 1.8
- Interest cover
- 7.68×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $535M
- Cash and short-term investments
- $190M
- Net debt
- $345M
- EBITDA, trailing twelve months
- $330M
- Operating profit, trailing twelve months
- $239M
- Debt / equity
- 0.34×
- Total debt / EBITDA
- 1.62×
- Annualised volatilitytwo years of daily moves
- 34%
- Worst drawdown on file
- −64%
- Below its 52-week high
- −16%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
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Ranks #3 of 15 by Smart Score