CDNA · CIK 0001217234 · FY2025 live · 2025-12-31
CareDx, Inc.
View as
Model
Z″
FY2025
−0.76
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−0.76
Classic Z 0.32
Z″ −0.76 · 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.
0.406.56 × = 2.66X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−1.783.26 × = −5.80X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.076.72 × = −0.50X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
2.751.05 × = 2.89
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
CareDx, Inc. is on Z″ at −0.76 (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. 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 · 33rd percentile in Healthcare.
- WBADistressWalgreens Boots Alliance, Inc.−0.77
- AIRSDistressAirsculpt Technologies, Inc.−0.63
- CAIDistressCaris Life Sciences, Inc.−0.93
- HCADistressHCA Healthcare, Inc.−0.46
- AVAHDistressAveanna Healthcare Holdings, Inc.−0.46
- YDESDistressYD Bio Ltd−1.35
- FRNMDistressFreenome, Inc.−1.36
- MDXHDistressMDxHealth SA−0.08
KPI widgets
Current assets
$257M
Total assets
$413M
Current liabilities
$90M
Total liabilities
$110M
Working capital
$167M
Retained earnings
−$735M
EBIT
−$31M
Total sales
$380M
Book equity
$303M
Accession 0001217234-26-000018. 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.