Meridian™
Universe

BB · CIK 0001070235 · FY2026 live · 2026-02-28

BLACKBERRY Ltd

DistressSEC 10-KZ″Technology29th percentile in Technology · 395 names

View as

Model

Z″

FY2026

−2.26

Zone

Distress

Prior

—

Market DD

—

1y PD

—

−2.26

Classic Z −0.68

−21.12.68+

Z″ −2.26 · 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.

    0.24
    6.56 × = 1.58

  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    −1.74
    3.26 × = −5.67

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.04
    6.72 × = 0.26

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.

    1.49
    1.05 × = 1.57

Five-year path

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

Meridian Rank

35.82

0–100 · Z″ family

  • Book standing

    20

  • Year change

    —

  • Market PD

    —

  • O-score

    78

Events on this name

Same published rows as Today.

  • Market PD unavailable

    watch · 41

Overview

rule-v1

BLACKBERRY Ltd is on Z″ at −2.26 (distress) for FY2026, from an SEC 10-K. Retained earnings / assets is the line that sets the print. This is the first live year on the desk. No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.

Book screen Distress; market PD —. Market PD has not been priced on this name.

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 · 29th percentile in Technology.

KPI widgets

Current assets

$568M

Total assets

$1.2B

Current liabilities

$268M

Total liabilities

$499M

Working capital

$300M

Retained earnings

−$2.2B

EBIT

$48M

Total sales

$549M

Book equity

$746M

Accession 0001070235-26-000039. Live rank is the latest 10-K on EDGAR (FY2026, period 2026-02-28). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.