PONYPony AI Inc.
Is it safe?
Caution warranted: heavy debt (BB) and big price swings.
Insiders were net sellers (-$296K, 90 days to Oct 8, 2026), selling is often routine.
Net cash, but unprofitable, speculative. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -82% · now 75% 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 PONY take a bad year?
Pony AI Inc. holds $1.15B more cash than debt, and is burning $52M a quarter, about 5.6 years of cover.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Cash runway
- 5+ years
Cash runway · burning $52M a quarter at the current rate
- Annualised volatility
- 112%
Annualised volatility · three times the market's own swing
Details›
- Total debtFY2025
- $13M
- Cash and short-term investments
- $1.17B
- Net cash
- $1.15B
- EBITDA, trailing twelve months
- −$254M
- Operating profit, trailing twelve months
- −$261M
- Debt / equity
- 0.01×
- Annualised volatilitytwo years of daily moves
- 112%
- Worst drawdown on file
- −82%
- Below its 52-week high
- 75%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Information Technology Services
Ranks #27 of 31 by RyuScore