Is it safe?
Can TDW take a bad year?
Tidewater Inc. carries $40M of net debt at 0.08× EBITDA: a load its earnings can carry.
$40M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.08×
Net debt / EBITDA · 0.45× a year ago · the load is coming down
- Altman Z-score
- 2.99
Altman Z-score · grey zone, between 1.8 and 3
- Debt / equity
- 0.47×
Debt / equity
Details›
- Total debtQ2 2026
- $653M
- Cash and short-term investments
- $614M
- Net debt
- $40M
- EBITDA, trailing twelve months
- $514M
- Operating profit, trailing twelve months
- $248M
- Debt / equity
- 0.47×
- Total debt / EBITDA
- 1.27×
- Annualised volatilitytwo years of daily moves
- 56%
- Worst drawdown on file
- −97%
- Below its 52-week high
- −7.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Equipment & Services
Ranks #6 of 27 by Smart Score