Meridian™
Terms
Universe

KSS · CIK 0000885426 · FY2025 live · 2025-12-31

Kohl's Corporation

GreyModeledZ″Consumer49th percentile in Consumer · 430 names

View as

Model

Z″

FY2025

1.11

Zone

Grey

vs FY2024

+0.01

Market DD

—

1y PD

—

1.11

Classic Z 1.66

−21.12.68+

Z″ 1.11 · 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.

    0.05
    6.56 × = 0.36

  • X2 Retained earnings / assets

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

    0.09
    3.26 × = 0.29

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.02
    6.72 × = 0.16

  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names keep turnover from dragging the score.

    0.28
    1.05 × = 0.30

Five-year path

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

Meridian Rank

48.67

from 47.87

0–100 · Z″ family

  • Book standing

    49

  • Year change

    50

  • Market PD

    —

  • O-score

    46

Events on this name

Same published rows as Today.

  • Approaching distress

    watch · 37

    • Live score: 1.11 → 1.11
    • Cut: — → 1.10

Overview

rule-v1

Kohl's Corporation is on Z″ at 1.11 (grey) for FY2025, from a modeled 10-K print. Working capital / assets is the line that sets the print. Versus FY2024 the live print is still grey (+0.01 from 1.11). No market tape loaded. Z″ omits sales/assets so asset-light names keep turnover from dragging the score. X4 is book equity on every name.

Book screen Grey; market PD —. Market PD has not been priced on this name.

MD&A excerpt

Management cites a highly promotional apparel cycle, elevated inventory markdowns, and a still-levered store base after prior special-dividend and buyback years. Liquidity is described as sufficient through the next twelve months via a secured revolver and owned real estate, but capex is being throttled. The MD&A flags comparable-sales declines and a need to reset the Sephora-in-Kohl's adjacency if traffic does not stabilize.

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 · 49th percentile in Consumer.

Filing line items

Current assets

$5.0B

Total assets

$14.0B

Current liabilities

$4.3B

Total liabilities

$10.9B

Working capital

$769M

Retained earnings

$1.3B

EBIT

$342M

Total sales

$17.1B

Book equity

$3.1B

Accession 0000885426-25-000120. Live rank is the FY2025 modeled 10-K print. Z″ is the live score. View as is a display overlay. X4 is book equity.