Meridian
Universe

TOON · CIK 0001355848 · FY2025 live · 2025-12-31

Kartoon Studios, Inc.

DistressSEC 10-KZ″Consumer2nd percentile in Consumer · 430 names

View as

Model

Z″

FY2025

−35.49

Zone

Distress

Prior

Market DD

1y PD

−35.49

Classic Z −14.73

−21.12.68+

Z″ −35.49 · 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.

    0.03
    6.56 × = 0.21
  • X2 Retained earnings / assets

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

    −10.77
    3.26 × = −35.12
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    −0.18
    6.72 × = −1.22
  • X4 Book equity / liabilities

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

    0.60
    1.05 × = 0.63

Five-year path

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

Meridian Rank

5.36

0–100 · Z″ family

  • Book standing

    1

  • Year change

  • Market PD

  • O-score

    17

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

Kartoon Studios, Inc. is on Z″ at −35.49 (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″ 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 · 2nd percentile in Consumer.

KPI widgets

Current assets

$36M

Total assets

$71M

Current liabilities

$33M

Total liabilities

$43M

Working capital

$2M

Retained earnings

−$764M

EBIT

−$13M

Total sales

$39M

Book equity

$26M

Accession 0001683168-26-002452. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.