Scored names · Z / Z″ distress · ≥ $500M assets
Distress watch
2,022 scored names sit below their model’s distress line (classic Z under 1.80, or Z″ under 1.10). This page is the 40 weakest with at least $500M in assets (927 cleared that floor). Banks rank on a separate tape. Insurers and REITs stay unlabeled. Smaller names remain on the full distress slice.
VRSN
VERISIGN INC/CA
Technology · $1.3B
−27.29
Path. No prior-year print on the desk.
Driver. Z″ −27.29: retained earnings / assets is the line that sets the print (X2 = −8.88).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
TDOC
Teladoc Health, Inc.
Healthcare · $2.9B
−16.73
Path. No prior-year print on the desk.
Driver. Z″ −16.73: retained earnings / assets is the line that sets the print (X2 = −5.75).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
UP
Wheels Up Experience Inc.
Industrials · $969M
−14.24
Path. No prior-year print on the desk.
Driver. Z″ −14.24: retained earnings / assets is the line that sets the print (X2 = −2.47).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
SPCE
Virgin Galactic Holdings, Inc
Industrials · $803M
−11.68
Path. No prior-year print on the desk.
Driver. Z″ −11.68: retained earnings / assets is the line that sets the print (X2 = −3.43).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
IBRX
ImmunityBio, Inc.
Healthcare · $502M
−11.55
Path. No prior-year print on the desk.
Driver. Z −11.55: retained earnings / assets is the line that sets the print (X2 = −7.43).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
PIII
P3 Health Partners Inc.
Healthcare · $657M
−10.32
Path. No prior-year print on the desk.
Driver. Z″ −10.32: working capital / assets is the line that sets the print (X1 = −0.63).
Watch. Watch working capital / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
ECX
ECARX Holdings Inc.
Technology · $662M
−10.09
Path. No prior-year print on the desk.
Driver. Z″ −10.09: retained earnings / assets is the line that sets the print (X2 = −1.80).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
TTGT
TechTarget, Inc.
Communication · $937M
−9.10
Path. No prior-year print on the desk.
Driver. Z″ −9.10: ebit / assets is the line that sets the print (X3 = −1.09).
Watch. Watch ebit / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
NPWR
Net Power Inc.
Industrials · $600M
−8.99
Path. No prior-year print on the desk.
Driver. Z −8.99: ebit / assets is the line that sets the print (X3 = −2.99).
Watch. Watch ebit / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
HCAT
Health Catalyst, Inc.
Technology · $503M
−8.96
Path. No prior-year print on the desk.
Driver. Z″ −8.96: retained earnings / assets is the line that sets the print (X2 = −2.71).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
ASAN
Asana, Inc.
Technology · $844M
−8.92
Path. No prior-year print on the desk.
Driver. Z″ −8.92: retained earnings / assets is the line that sets the print (X2 = −2.55).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
SEAT
Vivid Seats Inc.
Consumer · $637M
−8.37
Path. No prior-year print on the desk.
Driver. Z″ −8.37: retained earnings / assets is the line that sets the print (X2 = −2.13).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
GRPN
Groupon, Inc.
Industrials · $670M
−7.66
Path. No prior-year print on the desk.
Driver. Z″ −7.66: retained earnings / assets is the line that sets the print (X2 = −2.38).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
DNA
Ginkgo Bioworks Holdings, Inc.
Healthcare · $1.1B
−7.57
Path. No prior-year print on the desk.
Driver. Z −7.57: retained earnings / assets is the line that sets the print (X2 = −5.49).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
HNGE
Hinge Health, Inc.
Technology · $745M
−7.51
Path. No prior-year print on the desk.
Driver. Z″ −7.51: ebit / assets is the line that sets the print (X3 = −0.73).
Watch. Watch ebit / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
QVCG
QVC Group, Inc.
Consumer · $8.5B
−7.44
Path. No prior-year print on the desk.
Driver. Z″ −7.44: retained earnings / assets is the line that sets the print (X2 = −1.15).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
LZ
LEGALZOOM.COM, INC.
Technology · $512M
−7.35
Path. No prior-year print on the desk.
Driver. Z″ −7.35: retained earnings / assets is the line that sets the print (X2 = −2.22).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
AGL
agilon health, inc.
Healthcare · $1.3B
−7.30
Path. No prior-year print on the desk.
Driver. Z″ −7.30: retained earnings / assets is the line that sets the print (X2 = −1.56).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
BBIO
BridgeBio Pharma, Inc.
Healthcare · $936M
−6.79
Path. No prior-year print on the desk.
Driver. Z −6.79: retained earnings / assets is the line that sets the print (X2 = −4.08).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
PACB
PACIFIC BIOSCIENCES OF CALIFORNIA, INC.
Industrials · $784M
−6.68
Path. No prior-year print on the desk.
Driver. Z −6.68: retained earnings / assets is the line that sets the print (X2 = −3.44).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
SOC
Sable Offshore Corp.
Energy · $1.7B
−6.53
Path. No prior-year print on the desk.
Driver. Z″ −6.53: working capital / assets is the line that sets the print (X1 = −0.51).
Watch. Watch working capital / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
ALIT
Alight, Inc. / Delaware
Industrials · $4.6B
−6.53
Path. No prior-year print on the desk.
Driver. Z″ −6.53: ebit / assets is the line that sets the print (X3 = −0.68).
Watch. Watch ebit / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
UONE
URBAN ONE, INC.
Communication · $593M
−6.35
Path. No prior-year print on the desk.
Driver. Z″ −6.35: retained earnings / assets is the line that sets the print (X2 = −1.66).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
SKIL
Skillsoft Corp.
Technology · $963M
−6.29
Path. No prior-year print on the desk.
Driver. Z″ −6.29: retained earnings / assets is the line that sets the print (X2 = −1.64).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
DDD
3D SYSTEMS CORP
Technology · $522M
−5.82
Path. No prior-year print on the desk.
Driver. Z″ −5.82: retained earnings / assets is the line that sets the print (X2 = −2.55).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
NFE
New Fortress Energy Inc.
Utilities · $10.6B
−5.76
Path. No prior-year print on the desk.
Driver. Z″ −5.76: working capital / assets is the line that sets the print (X1 = −0.69).
Watch. Watch working capital / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
RXT
Rackspace Technology, Inc.
Technology · $2.8B
−5.69
Path. No prior-year print on the desk.
Driver. Z″ −5.69: retained earnings / assets is the line that sets the print (X2 = −1.40).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
DDL
Dingdong (Cayman) Ltd
Consumer · $1.0B
−5.57
Path. No prior-year print on the desk.
Driver. Z″ −5.57: retained earnings / assets is the line that sets the print (X2 = −1.88).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
RNG
RingCentral, Inc.
Technology · $1.5B
−5.56
Path. No prior-year print on the desk.
Driver. Z″ −5.56: retained earnings / assets is the line that sets the print (X2 = −1.16).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
CCO
Clear Channel Outdoor Holdings, Inc.
Industrials · $3.8B
−5.56
Path. No prior-year print on the desk.
Driver. Z″ −5.56: retained earnings / assets is the line that sets the print (X2 = −1.81).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
BMBL
Bumble Inc.
Technology · $1.4B
−5.41
Path. No prior-year print on the desk.
Driver. Z″ −5.41: ebit / assets is the line that sets the print (X3 = −0.57).
Watch. Watch ebit / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
LLYVA
Liberty Live Holdings, Inc.
Consumer · $1.9B
−5.37
Path. No prior-year print on the desk.
Driver. Z″ −5.37: working capital / assets is the line that sets the print (X1 = −0.67).
Watch. Watch working capital / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
PLUG
PLUG POWER INC
Industrials · $2.6B
−5.29
Path. Still distress, −1.88 vs FY2024 −3.42.
Driver. Z −5.29: retained earnings / assets is the line that sets the print (X2 = −3.17).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
W
Wayfair Inc.
Consumer · $3.4B
−5.25
Path. No prior-year print on the desk.
Driver. Z″ −5.25: retained earnings / assets is the line that sets the print (X2 = −1.40).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
WGS
GeneDx Holdings Corp.
Healthcare · $524M
−5.22
Path. No prior-year print on the desk.
Driver. Z″ −5.22: retained earnings / assets is the line that sets the print (X2 = −2.62).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
MNKD
MANNKIND CORP
Healthcare · $792M
−4.90
Path. No prior-year print on the desk.
Driver. Z −4.90: retained earnings / assets is the line that sets the print (X2 = −4.03).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
EOSE
Eos Energy Enterprises, Inc.
Industrials · $885M
−4.84
Path. No prior-year print on the desk.
Driver. Z −4.84: retained earnings / assets is the line that sets the print (X2 = −2.86).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
DBX
DROPBOX, INC.
Technology · $2.8B
−4.77
Path. No prior-year print on the desk.
Driver. Z″ −4.77: retained earnings / assets is the line that sets the print (X2 = −1.34).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
TLRY
Tilray Brands, Inc.
Healthcare · $2.1B
−4.72
Path. No prior-year print on the desk.
Driver. Z −4.72: ebit / assets is the line that sets the print (X3 = −1.10).
Watch. Watch ebit / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.
AMC
AMC ENTERTAINMENT HOLDINGS, INC.
Consumer · $8.0B
−4.72
Path. Still distress, −0.54 vs FY2024 −4.18.
Driver. Z″ −4.72: retained earnings / assets is the line that sets the print (X2 = −1.12).
Watch. Watch retained earnings / assets on the next 10-K.
Book screen Distress; market PD —. Tape not priced — not a single default call.