GRAL · CIK 0001699031 · FY2025 live · 2025-12-31
GRAIL, Inc.
View as
Model
Z″
FY2025
−2.86
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−2.86
Classic Z −0.62
Z″ −2.86 · 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.
0.306.56 × = 1.96X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−3.493.26 × = −11.39X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.196.72 × = −1.29X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
7.491.05 × = 7.86
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
GRAIL, Inc. is on Z″ at −2.86 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; book equity / liabilities 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 · 23rd percentile in Healthcare.
- CCELDistressCRYO CELL INTERNATIONAL INC−3.07
- GHDistressGuardant Health, Inc.−2.57
- BKDDistressBrookdale Senior Living Inc.−2.36
- FTREDistressFortrea Holdings Inc.−3.58
- SNDADistressSONIDA SENIOR LIVING, INC.−2.11
- CCMDistressConcord Medical Services Holdings Ltd−3.98
- DCGODistressDocGo Inc.−4.05
- FRNMDistressFreenome, Inc.−1.36
KPI widgets
Current assets
$954M
Total assets
$2.9B
Current liabilities
$80M
Total liabilities
$344M
Working capital
$874M
Retained earnings
−$10.2B
EBIT
−$562M
Total sales
$147M
Book equity
$2.6B
Accession 0001628280-26-017319. 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 12 Sept 2026.