ADBE · CIK 0000796343 · FY2025 live · 2025-11-30

ADOBE INC.

SafeSEC 10-KZ″Technology87th percentile in Technology · 395 names

View as

Model

Z″

FY2025

7.67

Zone

Safe

vs FY2024

+0.95

Market DD

—

1y PD

—

7.67

Classic Z 4.32

−21.12.68+

Z″ 7.67 · 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 × = −0.01
X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
1.54
3.26 × = 5.01
X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.30
6.72 × = 1.98
X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.65
1.05 × = 0.68

Five-year path

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

Meridian Rank

91.33

0–100 · Z″ tape · not a PD

Book standing
92
Year change
91
Market PD
—
O-score
90

Events on this name

Same published rows as Today. Not a live recompute.

Approaching grey
material · 59
- Live Z: 6.72 → 7.67
- Cut: — → 1.10
Large leverage change
material · 55
- X4: 0.87 → 0.65

Overview

rule-v1

ADOBE INC. is on Z″ at 7.67 (safe) for FY2025, from an SEC 10-K. Retained earnings / assets is the line that sets the print. Versus FY2024 the live print is still safe (+0.95 from 6.72). 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 Safe; 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 · 87th percentile in Technology.

KPI widgets

Current assets

$10.2B

Total assets

$29.5B

Current liabilities

$10.2B

Total liabilities

$17.9B

Working capital

−$37M

Retained earnings

$45.4B

EBIT

$8.7B

Total sales

$23.8B

Book equity

$11.6B

Accession 0000796343-26-000003. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-11-30). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.