EU · CIK 0001500881 · FY2025 live · 2025-12-31

enCore Energy Corp.

DistressSEC 10-KZ″Energy30th percentile in Energy · 170 names

View as

Model

Z″

FY2025

0.26

Zone

Distress

Prior

—

Market DD

—

1y PD

—

Meridian Rank

38.73

0–100 · Z″ tape · not a PD

Book standing
36
Year change
—
Market PD
—
O-score
46

Events on this name

Same published rows as Today. Not a live recompute.

Market PD unavailable
watch · 41

0.26

Classic Z −0.01

−21.12.68+

Z″ 0.26 · 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.
0.22
6.56 × = 1.47
X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.48
3.26 × = −1.57
X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.15
6.72 × = −1.03
X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
1.33
1.05 × = 1.40

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

enCore Energy Corp. is on Z″ at 0.26 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; working capital / assets is the runner-up. 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 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 Z″ scores · 30th percentile in Energy.

KPI widgets

Current assets

$110M

Total assets

$430M

Current liabilities

$14M

Total liabilities

$172M

Working capital

$96M

Retained earnings

−$208M

EBIT

−$66M

Total sales

$43M

Book equity

$229M

Accession 0001628280-26-022507. 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.