TDS · CIK 0001051512 · FY2025 live · 2025-12-31

TELEPHONE & DATA SYSTEMS INC /DE/

GreySEC 10-KZ″Communication77th percentile in Communication · 76 names

View as

Model

Z″

FY2025

2.36

Zone

Grey

Prior

—

Market DD

—

1y PD

—

Meridian Rank

69.27

0–100 · Z″ tape · not a PD

Book standing
66
Year change
—
Market PD
—
O-score
78

Events on this name

Same published rows as Today. Not a live recompute.

No published events on this print.

2.36

Classic Z 1.26

−21.12.68+

Z″ 2.36 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
0.06
6.56 × = 0.38
X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.20
3.26 × = 0.66
X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.01
6.72 × = −0.08
X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
1.34
1.05 × = 1.40

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.

Overview

rule-v1

TELEPHONE & DATA SYSTEMS INC /DE/ is on Z″ at 2.36 (grey) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.

Book screen Grey; market PD —. Tape not priced — not a single default call.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 77th percentile in Communication.

KPI widgets

Current assets

$923M

Total assets

$8.4B

Current liabilities

$440M

Total liabilities

$3.6B

Working capital

$483M

Retained earnings

$1.7B

EBIT

−$97M

Total sales

$1.2B

Book equity

$4.8B

Accession 0001051512-26-000011. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.