UNFIUnited Natural Foods, Inc.
Is it safe?
Forensics clean, with a caveat: clean books and quality strong, but big price swings.
Mixed, watch the balance sheet Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
Reported earnings show no manipulation flags Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
High fundamental quality Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -90% · now 20% below its 52-week high.
Unless marked, from SEC EDGAR, as of Aug 2, 2025.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
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 UNFI take a bad year?
United Natural Foods, Inc. carries $1.52B of net debt at 2.96× EBITDA: a load its earnings can carry.
Net debt · as at Q4 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.96×
Net debt / EBITDA · 6.27× a year ago · the load is coming down
- Altman Z-score
- 4.79
Altman Z-score · safe zone, above 3
- Interest cover
- 1.67×
Interest cover · operating profit barely covers the interest bill
Details›
- Total debtQ4 2026
- $1.56B
- Cash and short-term investments
- $37M
- Net debt
- $1.52B
- EBITDA, trailing twelve months
- $514M
- Operating profit, trailing twelve months
- $211M
- Debt / equity
- 0.96×
- Total debt / EBITDA
- 3.04×
- Annualised volatilitytwo years of daily moves
- 54%
- Worst drawdown on file
- −90%
- Below its 52-week high
- 20%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.