KLC · CIK 0001873529 · FY2025 live · 2025-12-31
KinderCare Learning Companies, Inc.
View as
Model
Z″
FY2025
−0.06
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−0.06
Classic Z 0.79
Z″ −0.06 · 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.
−0.036.56 × = −0.22X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.023.26 × = −0.07X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.016.72 × = −0.04X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.
0.251.05 × = 0.26
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.
Meridian Rank
30.73
0–100 · Z″ family
Book standing
31
Year change
—
Market PD
—
O-score
30
Events on this name
Same published rows as Today.
No published events on this print.
Overview
rule-v1
KinderCare Learning Companies, Inc. is on Z″ at −0.06 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print. This is the first live year on the desk. 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 · 29th percentile in Unclassified.
- BBDCDistressBarings BDC, Inc.−0.04
- CCAPDistressCrescent Capital BDC, Inc.−0.10
- FSKDistressFS KKR Capital Corp−0.02
- PNNTDistressPENNANTPARK INVESTMENT CORP−0.12
- OCSLDistressOaktree Specialty Lending Corp0.04
- OFSDistressOFS Capital Corp0.10
- CIONDistressCION Investment Corp0.13
- TPVGDistressTriplePoint Venture Growth BDC Corp.0.14
Filing line items
Current assets
$358M
Total assets
$3.7B
Current liabilities
$485M
Total liabilities
$3.0B
Working capital
−$127M
Retained earnings
−$83M
EBIT
−$20M
Total sales
$2.7B
Book equity
$755M
Accession 0001193125-26-106342. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.