SGUStar Group, L.P.
Is it safe?
No red flags in what's measurable: comfortable debt (AA) and steady price behavior.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -36% · now 4% 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 SGU take a bad year?
Star Group, L.P. carries $146M of net debt at 0.85× EBITDA: a load its earnings can carry.
Net debt · as at Q3 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.85×
Net debt / EBITDA · 1.17× a year ago · the load is coming down
- Debt / equity
- 0.44×
Debt / equity
- Annualised volatility
- 20%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ3 2026
- $173M
- Cash and short-term investments
- $27M
- Net debt
- $146M
- EBITDA, trailing twelve months
- $172M
- Operating profit, trailing twelve months
- $136M
- Debt / equity
- 0.44×
- Total debt / EBITDA
- 1.00×
- Annualised volatilitytwo years of daily moves
- 20%
- Worst drawdown on file
- −36%
- Below its 52-week high
- 3.6%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Refining & Marketing
Ranks #7 of 9 by RyuScore