Is it safe?
Can WOR take a bad year?
Worthington Enterprises, Inc. carries $306M of net debt at 4.00× EBITDA: a load its earnings can carry.
$306M
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 4.00×
Net debt / EBITDA · 6.04× a year ago · the load is coming down
- Altman Z-score
- 3.72
Altman Z-score · safe zone, above 3
- Interest cover
- 6.86×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ3 2026
- $312M
- Cash and short-term investments
- $6.0M
- Net debt
- $306M
- EBITDA, trailing twelve months
- $77M
- Operating profit, trailing twelve months
- $23M
- Debt / equity
- 0.31×
- Total debt / EBITDA
- 4.07×
- Annualised volatilitytwo years of daily moves
- 36%
- Worst drawdown on file
- −65%
- Below its 52-week high
- −13%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.