LTCH · CIK 0001826000 · FY2025 live · 2025-12-31
Latch, Inc.
View as
Model
Z″
FY2025
−21.56
Zone
Distress
vs FY2024
−12.40
Market DD
—
1y PD
—
Meridian Rank
4.53
from 4
0–100 · Z″ tape · not a PD
Book standing
3
Year change
2
Market PD
—
O-score
12
Events on this name
Same published rows as Today. Not a live recompute.
Large score decline
high · 77
- Live Z: −9.16 → −21.56
Market PD unavailable
watch · 45
−21.56
Classic Z −9.19
Z″ −21.56 · 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.
0.346.56 × = 2.25X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−6.673.26 × = −21.75X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.496.72 × = −3.32X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
1.191.05 × = 1.25
Five-year path
Z″ plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 2 annual filings.
Overview
rule-v1
Latch, Inc. is on Z″ at −21.56 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print. Versus FY2024 the live print is still distress (−12.40 from −9.16). 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 · 3rd percentile in Consumer.
- AMZEDistressAMAZE HOLDINGS, INC.−22.16
- LOGCDistressContextLogic Holdings Inc.−24.78
- RENTDistressRent the Runway, Inc.−18.02
- LVODistressLiveOne, Inc.−25.24
- OLOXDistressOLENOX INDUSTRIES INC.−17.39
- DBGIDistressDigital Brands Group, Inc.−16.39
- BQDistressBoqii Holding Ltd−27.45
- CAPSDistressCapstone Holding Corp.−14.93
KPI widgets
Current assets
$65M
Total assets
$107M
Current liabilities
$28M
Total liabilities
$49M
Working capital
$37M
Retained earnings
−$712M
EBIT
−$53M
Total sales
$70M
Book equity
$58M
Accession 0001826000-26-000030. 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.