Is it safe?
Can HPE take a bad year?
Hewlett Packard Enterprise carries $13.3B of net debt at 2.66× EBITDA: a load its earnings can carry.
$13.3B
Net debt · as at Q3 2026 · between two and four years of EBITDA, normal for a stable business
- Net debt / EBITDA
- 2.66×
Net debt / EBITDA · 10.4× a year ago · the load is coming down
- Altman Z-score
- 1.15
Altman Z-score · distress zone, below 1.8
- Debt / equity
- 0.73×
Debt / equity
Details›
- Total debtQ3 2026
- $19.5B
- Cash and short-term investments
- $6.22B
- Net debt
- $13.3B
- EBITDA, trailing twelve months
- $4.99B
- Operating profit, trailing twelve months
- $2.60B
- Debt / equity
- 0.73×
- Total debt / EBITDA
- 3.90×
- Annualised volatilitytwo years of daily moves
- 50%
- Worst drawdown on file
- −57%
- Below its 52-week high
- 6.3%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
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