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JSDA · CIK 0001083522 · FY2025 live · 2025-12-31

JONES SODA CO.

DistressSEC 10-KClassic ZConsumer4th percentile in Consumer · 112 names

View as

Model

Classic Z

FY2025

−8.05

Zone

Distress

Prior

—

Market DD

—

1y PD

—

−8.05

Z″ −22.48

−21.83.08+

Score −8.05 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    −0.03
    1.2 × = −0.04

  • X2 Retained earnings / assets

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

    −6.22
    1.4 × = −8.71

  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    −0.31
    3.3 × = −1.03

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    0.11
    0.6 × = 0.06

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    1.66
    1 × = 1.66

Five-year path

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

Meridian Rank

12.36

0–100 · Classic Z family

  • Book standing

    11

  • Year change

    —

  • Market PD

    —

  • O-score

    16

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

JONES SODA CO. is on classic Z at −8.05 (distress) for FY2025, 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. Classic Z was fit on manufacturers. Buybacks can send retained earnings negative at otherwise healthy issuers. X4 is book equity.

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 Classic Z scores · 4th percentile in Consumer.

Filing line items

Current assets

$13M

Total assets

$15M

Current liabilities

$14M

Total liabilities

$14M

Working capital

−$502K

Retained earnings

−$95M

EBIT

−$5M

Total sales

$25M

Book equity

$1M

Accession 0001493152-26-014195. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.