ICUI · CIK 0000883984 · FY2025 live · 2025-12-31
ICU MEDICAL INC/DE
View as
Model
Classic Z
FY2025
1.69
Zone
Distress
Prior
—
Market DD
—
1y PD
—
1.69
Z″ 2.90
Score 1.69 · 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.
0.171.2 × = 0.20X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
0.171.4 × = 0.24X3 EBIT / assets
Operating return on assets. Highest weight in the original model.
0.013.3 × = 0.03X4 Book equity / liabilities
Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.
1.100.6 × = 0.66X5 Sales / assets
Asset turnover — how much revenue the asset base supports.
0.551 × = 0.55
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
ICU MEDICAL INC/DE is on classic Z at 1.69 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print; sales / assets is the runner-up. 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 · 73rd percentile in Healthcare.
- ICCCDistressIMMUCELL CORP /DE/1.69
- DMACDistressDiaMedica Therapeutics Inc.1.69
- BEAMDistressBeam Therapeutics Inc.1.70
- CNTNDistressCanton Strategic Holdings, Inc.1.68
- TFXDistressTELEFLEX INC1.67
- COYADistressCoya Therapeutics, Inc.1.72
- BCYCDistressBICYCLE THERAPEUTICS PLC1.66
- MRKDistressMerck & Co., Inc.1.73
KPI widgets
Current assets
$1.2B
Total assets
$4.1B
Current liabilities
$499M
Total liabilities
$1.9B
Working capital
$692M
Retained earnings
$691M
EBIT
$43M
Total sales
$2.2B
Book equity
$2.1B
Accession 0000883984-26-000008. 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 12 Sept 2026.