Meridian
Universe

BATRA · CIK 0001958140 · FY2025 live · 2025-12-31

Atlanta Braves Holdings, Inc.

DistressSEC 10-KZ″Consumer22nd percentile in Consumer · 430 names

View as

Model

Z″

FY2025

−1.66

Zone

Distress

Prior

Market DD

1y PD

Meridian Rank

25

0–100 · Z″ tape · not a PD

  • Book standing

    22

  • Year change

  • Market PD

  • O-score

    33

Events on this name

Same published rows as Today. Not a live recompute.

  • Market PD unavailable

    watch · 41

−1.66

Classic Z 0.03

−21.12.68+

Z″ −1.66 · 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.

    −0.14
    6.56 × = −0.89
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    −0.38
    3.26 × = −1.23
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    −0.01
    6.72 × = −0.06
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.

    0.49
    1.05 × = 0.51

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

Atlanta Braves Holdings, Inc. is on Z″ at −1.66 (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 · 22nd percentile in Consumer.

KPI widgets

Current assets

$159M

Total assets

$1.6B

Current liabilities

$377M

Total liabilities

$1.1B

Working capital

−$218M

Retained earnings

−$609M

EBIT

−$14M

Total sales

$732M

Book equity

$526M

Accession 0001104659-26-020650. 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 13 Sept 2026.