Meridian™
Universe

SOAR · CIK 0001853070 · FY2025 live · 2025-12-31

Volato Group, Inc.

DistressSEC 10-KZ″Industrials2nd percentile in Industrials · 489 names

View as

Model

Z″

FY2025

−27.54

Zone

Distress

Prior

—

Market DD

—

1y PD

—

Meridian Rank

5.27

0–100 · Z″ tape · not a PD

  • Book standing

    2

  • Year change

    —

  • Market PD

    —

  • O-score

    14

Events on this name

Same published rows as Today. Not a live recompute.

  • MARKET PD UNAVAILABLE

    watch · 41

    • mertonPd: — → —

−27.54

Classic Z −4.61

−21.12.68+

Z″ −27.54 · 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.

    −0.33
    6.56 × = −2.14

  • X2 Retained earnings / assets

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

    −8.43
    3.26 × = −27.48

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.33
    6.72 × = 2.23

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.

    −0.13
    1.05 × = −0.14

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

Volato Group, Inc. is on Z″ at −27.54 (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″ 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 · 2nd percentile in Industrials.

KPI widgets

Current assets

$10M

Total assets

$12M

Current liabilities

$14M

Total liabilities

$14M

Working capital

−$4M

Retained earnings

−$101M

EBIT

$4M

Total sales

$79M

Book equity

−$2M

Accession 0001628280-26-017343. 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.