DLHC · CIK 0000785557 · FY2025 live · 2025-09-30

DLH Holdings Corp.

GreySEC 10-KZ″Industrials43rd percentile in Industrials · 489 names

View as

Model

Z″

FY2025

1.18

Zone

Grey

Prior

—

Market DD

—

1y PD

—

Meridian Rank

46.45

0–100 · Z″ tape · not a PD

Book standing
50
Year change
—
Market PD
—
O-score
37

Events on this name

Same published rows as Today. Not a live recompute.

Approaching distress
watch · 44
- Live Z: — → 1.18
- Cut: — → 1.10

1.18

Classic Z 0.63

−21.12.68+

Z″ 1.18 · 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.
−0.00
6.56 × = −0.00
X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.04
3.26 × = 0.13
X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.06
6.72 × = 0.39
X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.64
1.05 × = 0.67

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

DLH Holdings Corp. is on Z″ at 1.18 (grey) for FY2025, from an SEC 10-K. Book equity / liabilities 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. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.

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 Z″ scores · 43rd percentile in Industrials.

KPI widgets

Current assets

$43M

Total assets

$291M

Current liabilities

$43M

Total liabilities

$178M

Working capital

−$134K

Retained earnings

$11M

EBIT

$17M

Total sales

Book equity

$113M

Accession 0000785557-25-000159. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-09-30). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.