PAYS · CIK 0001496443 · FY2025 live · 2025-12-31
Paysign, Inc.
View as
Model
Z″
FY2025
1.14
Zone
Grey
Prior
—
Market DD
—
1y PD
—
Meridian Rank
41.36
0–100 · Z″ tape · not a PD
Book standing
49
Year change
—
Market PD
—
O-score
21
Events on this name
Same published rows as Today. Not a live recompute.
APPROACHING DISTRESS
watch · 44
- liveZ: — → 1.1435871011569556
- cut: — → 1.1
1.14
Classic Z 0.69
Z″ 1.14 · 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.
0.096.56 × = 0.56X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.053.26 × = 0.18X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.036.72 × = 0.18X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.211.05 × = 0.22
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
Paysign, Inc. is on Z″ at 1.14 (grey) 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″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.
Book screen Grey; 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 · 42nd percentile in Industrials.
KPI widgets
Current assets
$240M
Total assets
$276M
Current liabilities
$216M
Total liabilities
$228M
Working capital
$24M
Retained earnings
$15M
EBIT
$7M
Total sales
$82M
Book equity
$48M
Accession 0001683168-26-002180. 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.