FEAM · CIK 0001888654 · FY2025 live · 2025-06-30
5E Advanced Materials, Inc.
View as
Model
Z″
FY2025
−6.19
Zone
Distress
Prior
—
Market DD
—
1y PD
—
−6.19
Classic Z −1.63
Z″ −6.19 · 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 × = −0.17X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−3.273.26 × = −10.67X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.626.72 × = −4.15X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
8.381.05 × = 8.80
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
5E Advanced Materials, Inc. is on Z″ at −6.19 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; book equity / liabilities 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 · 10th percentile in Industrials.
- SMXTDistressSolarMax Technology, Inc.−5.98
- KDOZFDistressKIDOZ INC.−5.94
- ALITDistressAlight, Inc. / Delaware−6.53
- HTCODistressHigh-Trend International Group−6.76
- ABATDistressAMERICAN BATTERY TECHNOLOGY Co−6.80
- QHDistressQUHUO Ltd−6.81
- KPLTDistressKatapult Holdings, Inc.−5.57
- CCODistressClear Channel Outdoor Holdings, Inc.−5.56
KPI widgets
Current assets
$5M
Total assets
$71M
Current liabilities
$6M
Total liabilities
$8M
Working capital
−$2M
Retained earnings
−$232M
EBIT
−$44M
Total sales
$0
Book equity
$63M
Accession 0001193125-25-223170. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-06-30). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.