CNTM · CIK 0001895249 · FY2025 live · 2025-12-31
ConnectM Technology Solutions, Inc.
View as
Model
Z″
FY2025
−12.43
Zone
Distress
vs FY2024
+19.51
Market DD
—
1y PD
—
−12.43
Classic Z −3.39
Z″ −12.43 · 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.
−0.686.56 × = −4.49X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−1.713.26 × = −5.56X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
−0.356.72 × = −2.34X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
−0.041.05 × = −0.05
Five-year path
Z″ plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 2 annual filings.
Overview
rule-v1
ConnectM Technology Solutions, Inc. is on Z″ at −12.43 (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. Versus FY2024 the live print is still distress (+19.51 from −31.94). 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 · 6th percentile in Industrials.
- TOURDistressTuniu Corp−12.51
- SGLYDistressSingularity Future Technology Ltd.−12.32
- NOTEDistressFiscalNote Holdings, Inc.−12.08
- STCBDistressStarco Brands, Inc.−12.83
- SPCEDistressVirgin Galactic Holdings, Inc−11.68
- SCORDistressCOMSCORE, INC.−11.22
- XHLDDistressTEN Holdings, Inc.−11.06
- ARAIDistressArrive AI Inc.−10.92
KPI widgets
Current assets
$8M
Total assets
$36M
Current liabilities
$33M
Total liabilities
$35M
Working capital
−$25M
Retained earnings
−$62M
EBIT
−$13M
Total sales
$36M
Book equity
−$2M
Accession 0001104659-26-044467. 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.