HPQ · CIK 0000047217 · FY2025 live · 2025-10-31
HP INC
View as
Model
Classic Z
FY2025
1.31
Zone
Distress
Prior
—
Market DD
—
1y PD
—
Meridian Rank
52.91
0–100 · Classic Z tape · not a PD
Book standing
51
Year change
—
Market PD
—
O-score
58
1.31
Z″ −0.72
Score 1.31 · 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.
−0.161.2 × = −0.20X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.051.4 × = −0.07X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
0.083.3 × = 0.25X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
−0.010.6 × = −0.00X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
1.321 × = 1.32
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
HP INC is on classic Z at 1.31 (distress) for FY2025, from an SEC 10-K. Sales / assets 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 · 42nd percentile in Technology.
- NXPIDistressNXP Semiconductors N.V.1.32
- NTGRDistressNETGEAR, INC.1.29
- TSMDistressTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD1.28
- DELLDistressDell Technologies Inc.1.35
- LASRDistressNLIGHT, INC.1.22
- GFSDistressGLOBALFOUNDRIES Inc.1.39
- MSIDistressMotorola Solutions, Inc.1.39
- ENPHDistressEnphase Energy, Inc.1.22
KPI widgets
Current assets
$22.5B
Total assets
$41.8B
Current liabilities
$29.3B
Total liabilities
$42.1B
Working capital
−$6.8B
Retained earnings
−$2.0B
EBIT
$3.2B
Total sales
$55.3B
Book equity
−$346M
Accession 0000047217-25-000071. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-10-31). Classic Z is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.