AERT · CIK 0001853044 · FY2026 live · 2026-03-31
Aeries Technology, Inc.
View as
Model
Z″
FY2026
−2.66
Zone
Distress
vs FY2025
+6.72
Market DD
—
1y PD
—
−2.66
Classic Z 0.83
Z″ −2.66 · 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.
−0.166.56 × = −1.06X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.693.26 × = −2.25X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.116.72 × = 0.72X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.
−0.071.05 × = −0.07
Five-year path
Z″ plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 2 annual filings.
Meridian Rank
38.33
from 38.87
0–100 · Z″ family
Book standing
19
Year change
90
Market PD
—
O-score
21
Events on this name
Same published rows as Today.
Large rank drop
watch · 52
- Meridian Rank: 38.87 → 38.33
Overview
rule-v1
Aeries Technology, Inc. is on Z″ at −2.66 (distress) for FY2026, from an SEC 10-K. Retained earnings / assets is the line that sets the print. Versus FY2025 the live print is still distress (+6.72 from −9.38). 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 · 15th percentile in Industrials.
- SUNEDistressSUNation Energy, Inc.−2.65
- TOPSDistressTOP SHIPS INC.−2.69
- SUPXDistressSuperX AI Technology Ltd−2.61
- RPAYDistressRepay Holdings Corp−2.56
- SLNDDistressSouthland Holdings, Inc.−2.50
- JTAIDistressJet.AI Inc.−2.89
- PPHCDistressPublic Policy Holding Company, Inc.−2.95
- JETMFDistressGlobal Crossing Airlines Group Inc.−2.97
Filing line items
Current assets
$24M
Total assets
$42M
Current liabilities
$31M
Total liabilities
$44M
Working capital
−$7M
Retained earnings
−$29M
EBIT
$5M
Total sales
$70M
Book equity
−$3M
Accession 0001829126-26-006123. Live rank is the latest 10-K on EDGAR (FY2026, period 2026-03-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 14 Sept 2026.