YPFYPF Sociedad Anónima

$50.27

Is it safe?

Can YPF take a bad year?

YPF Sociedad Anónima carries $694.5B of net debt at 2.13× EBITDA: a load its earnings can carry.

$694.5B

Net debt · as at FY2021 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
2.13×

Net debt / EBITDA · 5.52× a year ago · the load is coming down

Interest cover
0.81×

Interest cover · operating profit barely covers the interest bill

Annualised volatility
50%

Annualised volatility · roughly twice as jumpy as the market

Details
Total debtFY2021
$757.2B
Cash and short-term investments
$62.7B
Net debt
$694.5B
EBITDA, trailing twelve months
$325.9B
Operating profit, trailing twelve months
$58.2B
Debt / equity
0.90×
Total debt / EBITDA
2.32×
Annualised volatilitytwo years of daily moves
50%
Worst drawdown on file
−90%
Below its 52-week high
−11%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.