OSWOneSpaWorld Holdings Limited

$26.45

Is it safe?

Can OSW take a bad year?

OneSpaWorld Holdings Limited carries $67M of net debt at 0.61× EBITDA: a load its earnings can carry.

$67M

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.61×

Net debt / EBITDA · 0.76× a year ago · the load is coming down

Interest cover
15.4×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
35%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtQ1 2026
$83M
Cash and short-term investments
$16M
Net debt
$67M
EBITDA, trailing twelve months
$109M
Operating profit, trailing twelve months
$88M
Debt / equity
0.15×
Total debt / EBITDA
0.76×
Annualised volatilitytwo years of daily moves
35%
Worst drawdown on file
−85%
Below its 52-week high
−5.9%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.