Is it safe?
Can TTI take a bad year?
TETRA Technologies, Inc. carries $29M of net debt at 0.34× EBITDA: a load its earnings can carry.
$29M
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.34×
Net debt / EBITDA · 1.14× a year ago · the load is coming down
- Cash runway
- 5+ years
Cash runway · burning $3.8M a quarter at the current rate
- Annualised volatility
- 62%
Annualised volatility · three times the market's own swing
Details›
- Total debtQ2 2026
- $183M
- Cash and short-term investments
- $155M
- Net debt
- $29M
- EBITDA, trailing twelve months
- $84M
- Operating profit, trailing twelve months
- $47M
- Debt / equity
- 0.45×
- Total debt / EBITDA
- 2.18×
- Annualised volatilitytwo years of daily moves
- 62%
- Worst drawdown on file
- −97%
- Below its 52-week high
- −45%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.