Meridian
Universe

CNVS · CIK 0001173204 · FY2026 live · 2026-03-31

Cineverse Corp.

DistressSEC 10-KZ″Consumer6th percentile in Consumer · 430 names

View as

Model

Z″

FY2026

−13.63

Zone

Distress

Prior

Market DD

1y PD

Meridian Rank

9.27

0–100 · Z″ tape · not a PD

  • Book standing

    6

  • Year change

  • Market PD

  • O-score

    18

Events on this name

Same published rows as Today. Not a live recompute.

  • MARKET PD UNAVAILABLE

    watch · 41

    • mertonPd: — → —

−13.63

Classic Z −5.17

−21.12.68+

Z″ −13.63 · 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.

    −0.09
    6.56 × = −0.62
  • X2 Retained earnings / assets

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

    −3.92
    3.26 × = −12.76
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    −0.12
    6.72 × = −0.78
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.

    0.51
    1.05 × = 0.54

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

Cineverse Corp. is on Z″ at −13.63 (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″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.

Book screen Distress; 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 · 6th percentile in Consumer.

KPI widgets

Current assets

$51M

Total assets

$130M

Current liabilities

$63M

Total liabilities

$87M

Working capital

−$12M

Retained earnings

−$510M

EBIT

−$15M

Total sales

$66M

Book equity

$44M

Accession 0001193125-26-284027. Live rank is the latest 10-K on EDGAR (FY2026, period 2026-03-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.