TTRXTurn Therapeutics Inc.

$6.82

Is it safe?

Mixed

Mostly sound, with a caveat: comfortable debt (AA), but big price swings.

1 good, 1 to watch, 4 without data
Credit gradeAAderived · Jun 30, 2026

Net cash and profitable. A rule of thumb on leverage, not a credit rating.

Drawdown risk110% volderived · Oct 8, 2026

Large price swings, high volatility. Worst drawdown -71% · now 25% below its 52-week high.

Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.

Can TTRX take a bad year?

Turn Therapeutics Inc. holds $3.9M more cash than debt, so a bad year is a question about profits, not about lenders.

$3.9M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Debt / equity
8.83×

Debt / equity

Annualised volatility
110%

Annualised volatility · three times the market's own swing

Details›
Total debtQ2 2026
$6.1M
Cash and short-term investments
$9.9M
Net cash
$3.9M
Operating profit, trailing twelve months
−$7.0M
Debt / equity
8.83×
Annualised volatilitytwo years of daily moves
110%
Worst drawdown on file
−71%
Below its 52-week high
25%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.