Is it safe?
Can TGLS take a bad year?
Tecnoglass Inc. carries $106M of net debt at 0.44× EBITDA: a load its earnings can carry.
$106M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.44×
Net debt / EBITDA · −0.20× a year ago · the load is going up
- Altman Z-score
- 4.56
Altman Z-score · safe zone, above 3
- Interest cover
- 48.2×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $200M
- Cash and short-term investments
- $94M
- Net debt
- $106M
- EBITDA, trailing twelve months
- $239M
- Operating profit, trailing twelve months
- $216M
- Debt / equity
- 0.27×
- Total debt / EBITDA
- 0.84×
- Annualised volatilitytwo years of daily moves
- 43%
- Worst drawdown on file
- −78%
- Below its 52-week high
- −51%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.