Tools

Distressed Credit Screener

SEC-derived screen for leverage, coverage, cash burn, reinvestment needs, and private-credit comp sets.

Restricted beta access for Patrick SCurrent scope: distressed company research. Important note: many of these features are currently in mockup/design phase, so they may not work. Once the product team has sufficient feedback and has locked down the product design/spec, the engineering team will wire up the core engine to the final UI page.

Issuer Triage

Find pressure, cash burn, leverage, and data gaps.

7 Results
Diligence flow
Extract Docs Flag RiskAnalyst VerifyPush to One-Pager
Stress WatchlistDeleveraging CandidatesReinvestment BurdenTurnaround Set
Cash Burn4
Low Coverage0
High Leverage0
Data Gaps6
Universe
Comps Spread
Credit / Distress
Quality Flags

Filing excerpts and narrative extractions are shown on the company one-pager.

Clear
Preset: Asset-Heavy / Reinvestment
UniverseOperating Cash FlowCredit & Liquidity
Latest Mapped Fiscal Year$ in Millions / %$ in Millions / x / %
IssuerSIC IndustryFYRevenueRev. GrowthEBITDAFCFCashDebtNet Debt / EBITDAInterest CoverageCurrent RatioCapex / Revenue
CEG
Constellation Energy Corp
4911FY202522,66319.5%3,0861,2883,64192-1.2xNo data1.5x13.0%
LINE
Lineage, Inc.
6798FY20255,3550.3%1,076196662-0.1xNo data0.8x13.9%
CRWV
CoreWeave, Inc.
7372FY20255,131No data2,408-7,2513,1276,7081.5xNo data0.5x200.9%
ACDC
ProFrac Holding Corp.
1389FY20251,942-11.4%19120231450.6xNo data0.8x8.7%
WEST
Westrock Coffee Co
2080FY20251,18939.8%10-1085019-2.9xNo data1.0x7.5%
BETA
BETA Technologies, Inc.
3721FY202536No data-351-3131,7106NMNo data22.8x127.6%
KDK
Kodiak AI, Inc.
7373FY20254No data-109-1165112NMNo data4.7x580.1%
Private Credit: screen for stress signals, remove weak business fits or poor SEC mappings, then review filings and debt evidence on the one-pager.

Distressed Credit Comps

Anchor on an issuer and rank peers by debt service, cash conversion, reinvestment load, operating pressure, liquidity, and SEC data quality.

12 Matches
Selected StrategyBalanced Spread

Builds a broad first-pass comp set by weighting industry, size, growth, margins, FCF conversion, capex intensity, leverage, coverage, and data quality.

Credit FitSecondary
Cash ConversionMedium
LiquidityScreened
SEC TrustRequired
Peer SelectionOperating Cash FlowCredit & Liquidity
SEC Issuer Universe$ in Millions / %$ in Millions / x / %
IssuerIndustryFit ScoreKey DriversRevenueRev. GrowthEBITDAFCFCashDebtNet Debt / EBITDAEBITDA / Int.Current RatioCapex / Revenue
LUCY
Innovative Eyewear Inc
Ophthalmic GoodsSIC 38515.0
Credit 3.8Data 1.2
362.6%66,788-77No data-97.5xNo data9.0x2.7%
APLD
Applied Digital Corp.
Computer Processing and Data PreparationSIC 73744.9
Credit 3.7Data 1.2
144-12.9%444,000No data42No data-93.6xNo data0.8xNo data
WLTH
WEALTHFRONT CORP
Finance ServicesSIC 61993.7
Credit 2.3Data 1.4
365No data7No data441No data-59.6xNo data1.6xNo data
COSO
CoastalSouth Bancshares, Inc.
State Commercial BanksSIC 60223.5
Credit 2.1Data 1.4
2No data26180No data-53.0xNo dataNo data92.2%
ELAB
PMGC Holdings Inc.
Pharmaceutical PreparationsSIC 28343.2
Credit 2.2Data 1.0
590,084No data96,145-65No data-56.2xNo data1.7x74.9%
GLXY
Galaxy Digital Inc.
Unmapped Industry2.8
Credit 1.4Data 1.4
60,244No data34No data1,246No data-36.6xNo data1.6xNo data
ARAI
Arrive AI Inc.
Services to Dwellings and Other BuildingsSIC 73402.6
Data 1.4Credit 1.2
113,250No data66,889-92No data-31.5xNo data0.3x437.2%
APO
Apollo Global Management, Inc.
Unmapped Industry2.2
Data 1.6Credit 0.6
32,04922.7%1,431No data20,591No data-14.4xNo dataNo dataNo data
IBTA
Ibotta, Inc.
Advertising ServicesSIC 73102.0
Data 1.0Credit 1.0
342-6.8%775187No data-25.0xNo data2.0x5.9%
APHP
American Picture House Corp
Amusement and Recreation ServicesSIC 79002.0
Data 2.0
853,0171519.3%-560,569No data124No dataNMNo data0.7xNo data
FCCI
FAST CASUAL CONCEPTS, INC.
Eating and Drinking PlacesSIC 58102.0
Data 2.0
65,700No data-30,846No data202No dataNMNo data0.2xNo data
JUNS
JUPITER NEUROSCIENCES, INC.
Pharmaceutical PreparationsSIC 28342.0
Data 2.0
21,796No data-9No dataNo dataNo dataNMNo data0.7xNo data
Fit Score FormulaAnchor = the selected company. Comp = each peer being scored. abs() = absolute value, so the gap is positive whether the comp is higher or lower than the anchor.delta_i = abs(anchor_i - comp_i) / max(abs(anchor_i), abs(comp_i), 1)contribution_i = weight_i * max(0, 1 - delta_i)fit_score = sum(contribution_i)Example: if AAPL is the anchor and revenue growth is 10% vs 8% for a comp, delta = abs(10% - 8%) / max(10%, 8%, 1) = 2% / 1 = 0.02. If that metric weight is 8 points, contribution = 8 x (1 - 0.02) = 7.84 points.Credit contribution = contribution_net_debt_ebitda + contribution_ebitda_interest + contribution_debt_assets. Missing values contribute 0. Higher fit score means the peer is closer to the anchor on the weighted SEC-derived metrics. Financials are latest mapped annual SEC periods.