BLBDBlue Bird Corporation

$57.76+4.5% 1Y

Is it safe?

Good

Strong, no red flags: a safe balance sheet, clean books, and quality strong.

4 good, 2 neutral
SurvivalSafe zone

Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.

Honest booksLow risk

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).

Quality8 / 9

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.

Insider conviction-$227K

Insiders were net sellers (-$227K, 90 days to Oct 22, 2026), selling is often routine.

Credit gradeAAderived · Jun 27, 2026

Net cash and profitable. A rule of thumb on leverage, not a credit rating.

Drawdown risk43% volderived · Oct 23, 2026

Moderate price swings, typical volatility. Worst drawdown -74% · now 29% below its 52-week high.

Unless marked, from SEC EDGAR, as of Sep 27, 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.

Volatilitymiddle of the market
Max drawdownmiddle of the market

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 BLBD take a bad year?

Blue Bird Corporation holds $30M more cash than debt, so a bad year is a question about profits, not about lenders.

$30M

Net cash · as at Q3 2026 · cash and short-term investments less total debt

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
6.75

Altman Z-score · safe zone, above 3

Interest cover
27.9×

Interest cover · operating profit covers the interest bill several times over

Details›
Total debtQ3 2026
$87M
Cash and short-term investments
$117M
Net cash
$30M
EBITDA, trailing twelve months
$211M
Operating profit, trailing twelve months
$190M
Debt / equity
0.13×
Total debt / EBITDA
0.41×
Annualised volatilitytwo years of daily moves
43%
Worst drawdown on file
−74%
Below its 52-week high
29%

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

The balance sheet

What it owes against what it owns, and how close that comes to trouble.

How far can it fall?

How much the price moves, how deep and how long its falls have run, and what each unit of risk has paid.