Meridian
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EAF · CIK 0000931148 · FY2025 live · 2025-12-31

GRAFTECH INTERNATIONAL LTD

DistressSEC 10-KClassic ZIndustrials19th percentile in Industrials · 430 names

View as

Model

Classic Z

FY2025

−0.84

Zone

Distress

Prior

Market DD

1y PD

−0.84

Z″ −1.65

−21.83.08+

Score −0.84 · 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.

    0.35
    1.2 × = 0.42
  • X2 Retained earnings / assets

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

    −0.98
    1.4 × = −1.38
  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    −0.07
    3.3 × = −0.25
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    −0.20
    0.6 × = −0.12
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.49
    1 × = 0.49

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

30

0–100 · Classic Z family

  • Book standing

    30

  • Year change

  • Market PD

  • O-score

    30

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

GRAFTECH INTERNATIONAL LTD is on classic Z at −0.84 (distress) for FY2025, from an SEC 10-K. Retained earnings / 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. X4 is book equity.

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

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 · 19th percentile in Industrials.

Filing line items

Current assets

$485M

Total assets

$1.0B

Current liabilities

$128M

Total liabilities

$1.3B

Working capital

$356M

Retained earnings

−$1.0B

EBIT

−$77M

Total sales

$504M

Book equity

−$260M

Accession 0000931148-26-000017. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.