Q · CIK 0002058873 · FY2025 live · 2025-12-31
Qnity Electronics, Inc.
View as
Model
Classic Z
FY2025
1.08
Zone
Distress
Prior
—
Market DD
—
1y PD
—
Meridian Rank
55.64
0–100 · Classic Z tape · not a PD
Book standing
48
Year change
—
Market PD
—
O-score
76
Events on this name
Same published rows as Today. Not a live recompute.
Market PD unavailable
watch · 41
1.08
Z″ 1.71
Score 1.08 · 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.
0.091.2 × = 0.11X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.001.4 × = 0.00X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
0.003.3 × = 0.00X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
1.060.6 × = 0.63X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.341 × = 0.34
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
Qnity Electronics, Inc. is on classic Z at 1.08 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print. 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 · 34th percentile in Technology.
- UMCDistressUNITED MICROELECTRONICS CORP1.09
- AAOIDistressAPPLIED OPTOELECTRONICS, INC.1.09
- PDistressEverpure, Inc.1.08
- SMTCDistressSEMTECH CORP1.09
- GILTDistressGILAT SATELLITE NETWORKS LTD1.06
- BOSCDistressBOS BETTER ONLINE SOLUTIONS LTD1.11
- PANWDistressPalo Alto Networks Inc1.12
- VYXDistressNCR Voyix Corp1.12
KPI widgets
Current assets
$2.6B
Total assets
$14.1B
Current liabilities
$1.4B
Total liabilities
$6.7B
Working capital
$1.3B
Retained earnings
$18M
EBIT
$0
Total sales
$4.8B
Book equity
$7.1B
Accession 0002058873-26-000010. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.