FLNC · CIK 0001868941 · FY2025 live · 2025-09-30
Fluence Energy, Inc.
View as
Model
Classic Z
FY2025
1.34
Zone
Distress
Prior
—
Market DD
—
1y PD
—
Meridian Rank
50.09
0–100 · Classic Z tape · not a PD
Book standing
52
Year change
—
Market PD
—
O-score
45
Events on this name
Same published rows as Today. Not a live recompute.
No published events on this print.
1.34
Z″ 1.90
Score 1.34 · 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.
0.291.2 × = 0.35X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.081.4 × = −0.12X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
0.003.3 × = 0.00X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
0.240.6 × = 0.14X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.961 × = 0.96
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
Fluence Energy, Inc. is on classic Z at 1.34 (distress) for FY2025, from an SEC 10-K. Sales / 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 · 41st percentile in Industrials.
KPI widgets
Current assets
$2.1B
Total assets
$2.4B
Current liabilities
$1.4B
Total liabilities
$1.8B
Working capital
$694M
Retained earnings
−$200M
EBIT
$0
Total sales
$2.3B
Book equity
$430M
Accession 0001868941-25-000081. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-09-30). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.