Is it safe?
Can TENB take a bad year?
Tenable Holdings, Inc. carries $60M of net debt at 0.84× EBITDA: a load its earnings can carry.
$60M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.84×
Net debt / EBITDA · −1.55× a year ago · the load is going up
- Altman Z-score
- 1.09
Altman Z-score · distress zone, below 1.8
- Interest cover
- 1.37×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ2 2026
- $358M
- Cash and short-term investments
- $298M
- Net debt
- $60M
- EBITDA, trailing twelve months
- $71M
- Operating profit, trailing twelve months
- $37M
- Debt / equity
- 1.80×
- Total debt / EBITDA
- 5.04×
- Annualised volatilitytwo years of daily moves
- 53%
- Worst drawdown on file
- −74%
- Below its 52-week high
- −21%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #24 of 78 by Smart Score