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AAPL · CIK 0000320193 · FY2025 live · 2025-09-30

Apple Inc.

GreySEC 10-KClassic ZTechnology64th percentile in Technology · 226 names

View as

Model

Classic Z

FY2025

2.42

Zone

Grey

vs FY2024

+0.28

Market DD

—

1y PD

—

Meridian Rank

73.87

from 74.40

0–100 · Classic Z tape · not a PD

  • Book standing

    71

  • Year change

    69

  • Market PD

    —

  • O-score

    88

Events on this name

Same published rows as Today. Not a live recompute.

No published events on this print.

2.42

Z″ 2.31

−21.83.08+

Score 2.42 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

FY2016SEC 10-K printsFY2025 · 2.42

Classic Z factor contributions

  • X1 Working capital / assets

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

    −0.05
    1.2 × = −0.06

  • X2 Retained earnings / assets

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

    −0.04
    1.4 × = −0.06

  • X3 EBIT / assets

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

    0.37
    3.3 × = 1.22

  • X4 Book equity / liabilities

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

    0.26
    0.6 × = 0.15

  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    1.16
    1 × = 1.16

Five-year path

Z plus liquidity (working capital / assets) and earnings (EBIT / assets) over the last 5 annual filings.

Overview

rule-v1

Apple Inc. is on classic Z at 2.42 (grey) for FY2025, from an SEC 10-K. EBIT / assets is the line that sets the print; sales / assets is the runner-up. Versus FY2024 the live print is still grey (+0.28 from 2.15). 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 Grey; 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 · 64th percentile in Technology.

KPI widgets

Current assets

$148.0B

Total assets

$359.2B

Current liabilities

$165.6B

Total liabilities

$285.5B

Working capital

−$17.7B

Retained earnings

−$14.3B

EBIT

$133.1B

Total sales

$416.2B

Book equity

$73.7B

Accession 0000320193-25-000079. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-09-30). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.