RYZ NYSE

Of US companies ranked in the third-riskiest tenth, about 1 in 140 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.72 (down 94%), Ryerson Holding Corporation would be worth roughly what it owes.
Total debt $1.33B against a stock market value of $1.45B.
Distance to default 3.36 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $520.6M (short-term plus half of long-term), stock volatility 51.6%; Altman Z 2.53. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.