Is it safe?
Can SPH take a bad year?
Suburban Propane Partners, L.P. carries $1.22B of net debt at 4.36× EBITDA: a heavy load to carry through a bad year.
$1.22B
Net debt · as at Q3 2026 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 4.36×
Net debt / EBITDA · 4.51× a year ago · the load is coming down
- Interest cover
- 2.80×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 24%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ3 2026
- $1.22B
- Cash and short-term investments
- $5.0M
- Net debt
- $1.22B
- EBITDA, trailing twelve months
- $279M
- Operating profit, trailing twelve months
- $211M
- Debt / equity
- 1.72×
- Total debt / EBITDA
- 4.38×
- Annualised volatilitytwo years of daily moves
- 24%
- Worst drawdown on file
- −56%
- Below its 52-week high
- −13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Utilities - Regulated Gas
Ranks #3 of 13 by Smart Score