OMER · CIK 0001285819 · FY2025 live · 2025-12-31
OMEROS CORP
View as
Model
Classic Z
FY2025
−4.83
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−4.83
Z″ −9.19
Score −4.83 · 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.
0.421.2 × = 0.51X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−2.811.4 × = −3.93X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
−0.383.3 × = −1.24X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
−0.270.6 × = −0.16X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.001 × = 0.00
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
OMEROS CORP is on classic Z at −4.83 (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, and X4 is book equity, not market cap.
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 Classic Z scores · 31st percentile in Healthcare.
- ZNTLDistressZentalis Pharmaceuticals, Inc.−4.84
- PRMEDistressPrime Medicine, Inc.−4.79
- MNKDDistressMANNKIND CORP−4.90
- TLRYDistressTilray Brands, Inc.−4.72
- STEXDistressStreamex Corp.−4.95
- RCKTDistressROCKET PHARMACEUTICALS, INC.−4.71
- PLXDistressProtalix BioTherapeutics, Inc.−4.69
- CTMXDistressCytomX Therapeutics, Inc.−4.66
KPI widgets
Current assets
$216M
Total assets
$326M
Current liabilities
$78M
Total liabilities
$447M
Working capital
$138M
Retained earnings
−$914M
EBIT
−$123M
Total sales
$0
Book equity
−$121M
Accession 0001437749-26-010636. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.