Meridian™
Universe

BNED · CIK 0001634117 · FY2025 live · 2025-04-30

Barnes & Noble Education, Inc.

DistressSEC 10-KZ″Consumer27th percentile in Consumer · 430 names

View as

Model

Z″

FY2025

−0.71

Zone

Distress

Prior

—

Market DD

—

1y PD

—

−0.71

Classic Z 1.25

−21.12.68+

Z″ −0.71 · 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.

    0.24
    6.56 × = 1.55

  • X2 Retained earnings / assets

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

    −0.90
    3.26 × = −2.94

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.02
    6.72 × = 0.14

  • X4 Book equity / liabilities

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

    0.53
    1.05 × = 0.55

Five-year path

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

Meridian Rank

31.36

0–100 · Z″ family

  • Book standing

    27

  • Year change

    —

  • Market PD

    —

  • O-score

    43

Events on this name

Same published rows as Today.

  • Market PD unavailable

    watch · 41

Overview

rule-v1

Barnes & Noble Education, Inc. is on Z″ at −0.71 (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 · 27th percentile in Consumer.

Filing line items

Current assets

$465M

Total assets

$790M

Current liabilities

$279M

Total liabilities

$518M

Working capital

$186M

Retained earnings

−$713M

EBIT

$16M

Total sales

$1.5B

Book equity

$272M

Accession 0001634117-25-000038. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-04-30). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.