SANMSanmina Corporation

$198.67

Is it safe?

Can SANM take a bad year?

Sanmina Corporation carries $596M of net debt at 1.08× EBITDA: a load its earnings can carry.

$596M

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
1.08×

Net debt / EBITDA · −0.71× a year ago · the load is going up

Altman Z-score
3.87

Altman Z-score · safe zone, above 3

Interest cover
6.04×

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

Details
Total debtQ2 2026
$2.17B
Cash and short-term investments
$1.58B
Net debt
$596M
EBITDA, trailing twelve months
$551M
Operating profit, trailing twelve months
$405M
Debt / equity
0.83×
Total debt / EBITDA
3.94×
Annualised volatilitytwo years of daily moves
59%
Worst drawdown on file
−56%
Below its 52-week high
−30%

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