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.

0 Results
Diligence flow
Extract Docs Flag RiskAnalyst VerifyPush to One-Pager
Stress WatchlistDeleveraging CandidatesReinvestment BurdenTurnaround Set
Cash Burn0
Low Coverage0
High Leverage0
Data Gaps0
Universe
Comps Spread
Credit / Distress
Quality Flags

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

Clear
Preset: Cash-Generative Deleveraging
No Companies Matched

Try broadening the filters or importing more mapped SEC statement periods.

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.