XNETXunlei Limited
Is it safe?
Mostly sound, with a caveat: comfortable debt (AA), but big price swings.
Net cash and profitable. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -96% · now 55% 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 XNET take a bad year?
Xunlei Limited holds $230M more cash than debt, so a bad year is a question about profits, not about lenders.
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Interest cover
- 3.90×
Interest cover · operating profit covers the interest bill, with room to spare
- Annualised volatility
- 81%
Annualised volatility · three times the market's own swing
Details›
- Total debtFY2025
- $76M
- Cash and short-term investments
- $305M
- Net cash
- $230M
- EBITDA, trailing twelve months
- $12M
- Operating profit, trailing twelve months
- $6.6M
- Debt / equity
- 0.06×
- Total debt / EBITDA
- 6.52×
- Annualised volatilitytwo years of daily moves
- 81%
- Worst drawdown on file
- −96%
- Below its 52-week high
- 55%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software, Infrastructure
Ranks #32 of 80 by RyuScore