Is it safe?
Can SMTC take a bad year?
Semtech Corporation carries $329M of net debt at 14.2× EBITDA: a heavy load to carry through a bad year.
$329M
Net debt · as at Q1 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 14.2×
Net debt / EBITDA · 4.63× a year ago · the load is going up
- Altman Z-score
- 11.25
Altman Z-score · safe zone, above 3
- Interest cover
- 2.32×
Interest cover · operating profit covers the interest bill, with room to spare
Details›
- Total debtQ1 2026
- $492M
- Cash and short-term investments
- $163M
- Net debt
- $329M
- EBITDA, trailing twelve months
- $23M
- Operating profit, trailing twelve months
- $22M
- Debt / equity
- 0.86×
- Total debt / EBITDA
- 21.2×
- Annualised volatilitytwo years of daily moves
- 79%
- Worst drawdown on file
- −85%
- Below its 52-week high
- −19%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.