ALCE · CIK 0001883984 · FY2025 live · 2025-12-31
Aedis Energy Inc.
View as
Model
Z″
FY2025
−7.20
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−7.20
Classic Z −2.06
Z″ −7.20 · 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.
−0.606.56 × = −3.91X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−1.293.26 × = −4.21X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.126.72 × = 0.81X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.101.05 × = 0.11
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
Aedis Energy Inc. is on Z″ at −7.20 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; working capital / assets is the runner-up. 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 · 5th percentile in Utilities.
- NFEDistressNew Fortress Energy Inc.−5.76
- RENXDistressRenX Enterprises Corp.−8.69
- CETYDistressClean Energy Technologies, Inc.−9.46
- PESIDistressPERMA FIX ENVIRONMENTAL SERVICES INC−2.58
- QRHCDistressQuest Resource Holding Corp−2.50
- CLNEDistressClean Energy Fuels Corp.−2.39
- VIVKDistressVivakor, Inc.−12.16
- SPRUDistressSPRUCE POWER HOLDING CORP−2.02
KPI widgets
Current assets
$44K
Total assets
$57M
Current liabilities
$34M
Total liabilities
$34M
Working capital
−$34M
Retained earnings
−$74M
EBIT
$7M
Total sales
$0
Book equity
$3M
Accession 0001437749-26-020545. 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.