SBGISinclair, Inc.
Is it safe?
Caution warranted: heavy debt (B) and big price swings.
Highly leveraged, watch solvency. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -81% · now 21% 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 SBGI take a bad year?
Sinclair, Inc. carries $3.46B of net debt at 7.26× EBITDA: a heavy load to carry through a bad year.
Net debt · as at Q2 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 7.26×
Net debt / EBITDA · 4.81× a year ago · the load is going up
- Interest cover
- 0.64×
Interest cover · operating profit does not cover the interest bill
- Annualised volatility
- 46%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $4.06B
- Cash and short-term investments
- $604M
- Net debt
- $3.46B
- EBITDA, trailing twelve months
- $476M
- Operating profit, trailing twelve months
- $215M
- Debt / equity
- 10.7×
- Total debt / EBITDA
- 8.53×
- Annualised volatilitytwo years of daily moves
- 46%
- Worst drawdown on file
- −81%
- Below its 52-week high
- 21%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.