Meridian
Universe

BLBD · CIK 0001589526 · FY2025 live · 2025-09-30

Blue Bird Corp

SafeSEC 10-KClassic ZIndustrials92nd percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

4.20

Zone

Safe

Prior

Market DD

1y PD

Meridian Rank

84.64

0–100 · Classic Z tape · not a PD

  • Book standing

    89

  • Year change

  • Market PD

  • O-score

    73

Events on this name

Same published rows as Today. Not a live recompute.

  • Approaching grey

    watch · 41

    • Live Z: — → 4.20
    • Cut: — → 1.80

4.20

Z″ 4.82

−21.83.08+

Score 4.20 · 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.

    0.28
    1.2 × = 0.34
  • X2 Retained earnings / assets

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

    0.14
    1.4 × = 0.20
  • X3 EBIT / assets

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

    0.27
    3.3 × = 0.88
  • X4 Book equity / liabilities

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

    0.69
    0.6 × = 0.41
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    2.37
    1 × = 2.37

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

Blue Bird Corp is on classic Z at 4.20 (safe) for FY2025, from an SEC 10-K. Sales / 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 Safe; 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 · 92nd percentile in Industrials.

KPI widgets

Current assets

$412M

Total assets

$625M

Current liabilities

$237M

Total liabilities

$370M

Working capital

$175M

Retained earnings

$88M

EBIT

$167M

Total sales

$1.5B

Book equity

$255M

Accession 0001589526-25-000100. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-09-30). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.