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SCAG · CIK 0002000366 · FY2025 live · 2025-06-30

Scage Future

DistressSEC 10-KClassic ZIndustrials10th percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

−4.42

Zone

Distress

Prior

Market DD

1y PD

−4.42

Z″ −13.61

−21.83.08+

Score −4.42 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    −0.77
    1.2 × = −0.92
  • X2 Retained earnings / assets

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

    −1.52
    1.4 × = −2.13
  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    −0.51
    3.3 × = −1.67
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    −0.19
    0.6 × = −0.12
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.42
    1 × = 0.42

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

Scage Future is on classic Z at −4.42 (distress) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print; EBIT / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers; buybacks can send retained earnings negative at otherwise healthy issuers, and X4 is book equity, not market cap.

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 Classic Z scores · 10th percentile in Industrials.

KPI widgets

Current assets

$5M

Total assets

$26M

Current liabilities

$25M

Total liabilities

$27M

Working capital

−$20M

Retained earnings

−$40M

EBIT

−$13M

Total sales

$11M

Book equity

−$5M

Accession 0001213900-25-109190. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-06-30). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 12 Sept 2026.