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PACB · CIK 0001299130 · FY2025 live · 2025-12-31

PACIFIC BIOSCIENCES OF CALIFORNIA, INC.

DistressSEC 10-KClassic ZIndustrials7th percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

−6.68

Zone

Distress

Prior

Market DD

1y PD

−6.68

Z″ −13.42

−21.83.08+

Score −6.68 · 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.

    0.39
    1.2 × = 0.46
  • X2 Retained earnings / assets

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

    −3.44
    1.4 × = −4.81
  • X3 EBIT / assets

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

    −0.71
    3.3 × = −2.33
  • X4 Book equity / liabilities

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

    0.01
    0.6 × = 0.00
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.00
    1 × = 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

PACIFIC BIOSCIENCES OF CALIFORNIA, INC. is on classic Z at −6.68 (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 · 7th percentile in Industrials.

KPI widgets

Current assets

$375M

Total assets

$784M

Current liabilities

$73M

Total liabilities

$779M

Working capital

$302M

Retained earnings

−$2.7B

EBIT

−$554M

Total sales

$0

Book equity

$5M

Accession 0001299130-26-000034. 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.