Meridian™
Universe

WMG · CIK 0001319161 · FY2025 live · 2025-09-30

Warner Music Group Corp.

DistressSEC 10-KZ″Consumer25th percentile in Consumer · 430 names

View as

Model

Z″

FY2025

−0.85

Zone

Distress

Prior

—

Market DD

—

1y PD

—

−0.85

Classic Z 0.59

−21.12.68+

Z″ −0.85 · 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.

    −0.15
    6.56 × = −0.96

  • X2 Retained earnings / assets

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

    −0.14
    3.26 × = −0.44

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.07
    6.72 × = 0.47

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.

    0.07
    1.05 × = 0.07

Five-year path

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

Meridian Rank

26.27

0–100 · Z″ family

  • Book standing

    26

  • Year change

    —

  • Market PD

    —

  • O-score

    27

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

Warner Music Group Corp. is on Z″ at −0.85 (distress) for FY2025, from an SEC 10-K. Working capital / assets is the line that sets the print. This is the first live year on the desk. No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.

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 Z″ scores · 25th percentile in Consumer.

Filing line items

Current assets

$2.8B

Total assets

$9.8B

Current liabilities

$4.2B

Total liabilities

$9.1B

Working capital

−$1.4B

Retained earnings

−$1.3B

EBIT

$694M

Total sales

$6.7B

Book equity

$647M

Accession 0001319161-25-000034. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-09-30). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.