AEVA · CIK 0001789029 · FY2025 live · 2025-12-31
Aeva Technologies, Inc.
View as
Model
Classic Z
FY2025
−7.31
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−7.31
Z″ −14.13
Score −7.31 · 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.
0.651.2 × = 0.79X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−4.211.4 × = −5.90X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
−0.713.3 × = −2.34X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
0.080.6 × = 0.05X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.101 × = 0.10
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
Aeva Technologies, Inc. is on classic Z at −7.31 (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. 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 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 Classic Z scores · 6th percentile in Industrials.
- BURUDistressNuburu, Inc.−7.37
- POLADistressPolar Power, Inc.−7.38
- HCAIDistressHuachen AI Parking Management Technology Holding Co., Ltd−7.24
- CENNDistressCenntro Inc.−7.56
- VELODistressVelo3D, Inc.−7.04
- PACBDistressPACIFIC BIOSCIENCES OF CALIFORNIA, INC.−6.68
- INVZDistressInnoviz Technologies Ltd.−8.01
- TRNRDistressInteractive Strength, Inc.−8.28
KPI widgets
Current assets
$154M
Total assets
$180M
Current liabilities
$36M
Total liabilities
$166M
Working capital
$118M
Retained earnings
−$757M
EBIT
−$128M
Total sales
$18M
Book equity
$13M
Accession 0001193125-26-116518. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.