Merton distance-to-default
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Solves the Merton structural model iteratively: equity is treated as a call option on the firm's assets, so today's equity value and volatility imply an asset value, asset volatility, and — from those — a distance to default and market-implied default probability. This is a standard simplified point-in-time solve, not a full historical time-series KMV calibration.
Implied asset value
1,36,50,546.43
Implied asset volatility
23.44%
Distance to default
3.65
Implied 1-period PD
0.013%