VGNTVersigent PLC
Is it safe?
Nothing alarming, nothing pristine: insiders quiet, comfortable debt (BBB), and big price swings.
Insiders were net sellers (-$5.7M, 90 days to Oct 8, 2026), selling is often routine.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -21% · now 12% 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 VGNT take a bad year?
Versigent PLC carries $1.82B of net debt at 2.85× EBITDA: a load its earnings can carry.
Net debt · as at Q2 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.85×
Net debt / EBITDA
- Interest cover
- 12.0×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 58%
Annualised volatility · roughly twice as jumpy as the market
Details›
- Total debtQ2 2026
- $2.38B
- Cash and short-term investments
- $554M
- Net debt
- $1.82B
- EBITDA, trailing twelve months
- $640M
- Operating profit, trailing twelve months
- $527M
- Debt / equity
- 28.0×
- Total debt / EBITDA
- 3.71×
- Annualised volatilitytwo years of daily moves
- 58%
- Worst drawdown on file
- −21%
- Below its 52-week high
- 12%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
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