Is it safe?
Can PARR take a bad year?
Par Pacific Holdings, Inc. carries $554M of net debt at 0.43× EBITDA: a load its earnings can carry.
$554M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.43×
Net debt / EBITDA · 4.52× a year ago · the load is coming down
- Altman Z-score
- 3.52
Altman Z-score · safe zone, above 3
- Interest cover
- 16.9×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $739M
- Cash and short-term investments
- $185M
- Net debt
- $554M
- EBITDA, trailing twelve months
- $1.30B
- Operating profit, trailing twelve months
- $1.16B
- Debt / equity
- 0.37×
- Total debt / EBITDA
- 0.57×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −76%
- Below its 52-week high
- −8.7%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Refining & Marketing
Ranks #4 of 11 by Smart Score