OPTUOptimum Communications, Inc.
Is it safe?
Caution warranted: heavy debt (CCC) and big price swings.
Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -98% · now 64% 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 OPTU take a bad year?
The deepest fall in OPTU's price history on file is −98%; it is 64% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand, with no positive EBITDA to service it
- Cash runway
- 5+ years
Cash runway · burning $52M a quarter at the current rate
- Annualised volatility
- 91%
Annualised volatility · three times the market's own swing
- Worst drawdown on file
- −98%
Worst drawdown on file · −64% today
Details›
- Total debtQ2 2026
- $26.6B
- Cash and short-term investments
- $1.30B
- Net debt
- $25.3B
- EBITDA, trailing twelve months
- −$1.28B
- Operating profit, trailing twelve months
- −$2.96B
- Annualised volatilitytwo years of daily moves
- 91%
- Worst drawdown on file
- −98%
- Below its 52-week high
- 64%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.