Is it safe?
Can TXN take a bad year?
Texas Instruments carries $7.05B of net debt at 0.75× EBITDA: a load its earnings can carry.
$7.05B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.75×
Net debt / EBITDA · 1.16× a year ago · the load is coming down
- Altman Z-score
- 12.60
Altman Z-score · safe zone, above 3
- Interest cover
- 12.9×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $14.1B
- Cash and short-term investments
- $7.00B
- Net debt
- $7.05B
- EBITDA, trailing twelve months
- $9.38B
- Operating profit, trailing twelve months
- $7.25B
- Debt / equity
- 0.78×
- Total debt / EBITDA
- 1.50×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −33%
- 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.
Semiconductors
Ranks #21 of 48 by Smart Score