LICN · CIK 0001876766 · FY2025 live · 2025-12-31
Lichen International Ltd
View as
Model
Z″
FY2025
16.74
Zone
Safe
Prior
—
Market DD
—
1y PD
—
16.74
Classic Z 8.52
Z″ 16.74 · 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.
0.426.56 × = 2.73X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.273.26 × = 0.87X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.246.72 × = −1.61X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
14.051.05 × = 14.75
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
Lichen International Ltd is on Z″ at 16.74 (safe) 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″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.
Book screen Safe; 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 · 98th percentile in Industrials.
KPI widgets
Current assets
$36M
Total assets
$76M
Current liabilities
$5M
Total liabilities
$5M
Working capital
$31M
Retained earnings
$20M
EBIT
−$18M
Total sales
$809K
Book equity
$71M
Accession 0001185185-26-001520. 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 12 Sept 2026.