PIIIP3 Health Partners Inc.
Is it safe?
Elevated bankruptcy risk: a balance sheet under strain, heavy debt (CCC), and big price swings. Everything else is secondary until this clears.
Elevated financial-distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Insiders were net sellers (-$824K, 90 days to Oct 8, 2026), selling is often routine.
Debt against weak or negative operating profit. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -100% · now 68% below its 52-week high.
Unless marked, from SEC EDGAR, as of Dec 31, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
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 PIII take a bad year?
The deepest fall in PIII's price history on file is −100%; it is 68% below its high today.
Net debt · as at Q2 2026 · debt less the cash on hand, with no positive EBITDA to service it
- Altman Z-score
- 0.33
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 1.64×
Debt / equity
- Annualised volatility
- 167%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $120M
- Cash and short-term investments
- $21M
- Net debt
- $99M
- EBITDA, trailing twelve months
- −$64M
- Operating profit, trailing twelve months
- −$149M
- Debt / equity
- 1.64×
- Annualised volatilitytwo years of daily moves
- 167%
- Worst drawdown on file
- −100%
- Below its 52-week high
- 68%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.