Is it safe?
Can SOLV take a bad year?
Solventum carries $4.68B of net debt at 1.95× EBITDA: a load its earnings can carry.
$4.68B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.95×
Net debt / EBITDA · 6.47× a year ago · the load is coming down
- Altman Z-score
- 2.18
Altman Z-score · grey zone, between 1.8 and 3
- Cash runway
- 3.4 years
Cash runway · burning $30M a quarter at the current rate
Details›
- Total debtQ2 2026
- $5.08B
- Cash and short-term investments
- $403M
- Net debt
- $4.68B
- EBITDA, trailing twelve months
- $2.40B
- Operating profit, trailing twelve months
- $2.08B
- Debt / equity
- 1.06×
- Total debt / EBITDA
- 2.12×
- Annualised volatilitytwo years of daily moves
- 31%
- Worst drawdown on file
- −40%
- Below its 52-week high
- −0.07%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Medical Instruments & Supplies
Ranks #5 of 27 by Smart Score