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OPTX · CIK 0001866816 · FY2025 live · 2025-12-31

SYNTEC OPTICS HOLDINGS, INC.

GreySEC 10-KClassic ZIndustrials59th percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

2.06

Zone

Grey

vs FY2024

+0.23

Market DD

—

1y PD

—

Meridian Rank

59.33

from 59.87

0–100 · Classic Z tape · not a PD

  • Book standing

    65

  • Year change

    67

  • Market PD

    —

  • O-score

    34

Events on this name

Same published rows as Today. Not a live recompute.

  • Large rank drop

    watch · 51

    • Meridian Rank: 59.87 → 59.33

2.06

Z″ 2.51

−21.83.08+

Score 2.06 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

FY2024SEC 10-K printsFY2025 · 2.06

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.16
    1.2 × = 0.19

  • X2 Retained earnings / assets

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

    0.28
    1.4 × = 0.39

  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    −0.02
    3.3 × = −0.07

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    0.65
    0.6 × = 0.39

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    1.16
    1 × = 1.16

Five-year path

Z plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 2 annual filings.

Overview

rule-v1

SYNTEC OPTICS HOLDINGS, INC. is on classic Z at 2.06 (grey) for FY2025, from an SEC 10-K. Sales / assets is the line that sets the print. Versus FY2024 the live print is still grey (+0.23 from 1.83). 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 Grey; 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 · 59th percentile in Industrials.

KPI widgets

Current assets

$15M

Total assets

$24M

Current liabilities

$11M

Total liabilities

$15M

Working capital

$4M

Retained earnings

$7M

EBIT

−$518K

Total sales

$28M

Book equity

$10M

Accession 0001493152-26-014180. 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 13 Sept 2026.