SCM · CIK 0001551901 · FY2025 live · 2025-12-31
Stellus Capital Investment Corp
View as
Model
Z″
FY2025
0.50
Zone
Distress
Prior
—
Market DD
—
1y PD
—
0.50
Classic Z 0.30
Z″ 0.50 · distress below 1.10, grey to 2.60, safe above.
Z″ factor contributions
X1 Working capital / assets
Short-term liquidity. Carries more weight in Z″ than in classic Z.
0.006.56 × = 0.00X2 Retained earnings / assets
Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.
−0.033.26 × = −0.08X3 EBIT / assets
Operating return on assets. Highest weight in Z″.
0.006.72 × = 0.00X4 Book equity / liabilities
Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.
0.551.05 × = 0.58
Five-year path
Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.
Meridian Rank
39.27
0–100 · Z″ tape · not a PD
Book standing
39
Year change
—
Market PD
—
O-score
40
Events on this name
Same published rows as Today. Not a live recompute.
Market PD unavailable
watch · 41
Overview
rule-v1
Stellus Capital Investment Corp is on Z″ at 0.50 (distress) for FY2025, from an SEC 10-K. Book equity / liabilities is the line that sets the print. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.
Book screen Distress; market PD —. Tape not priced — not a single default call.
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 Z″ scores · 45th percentile in Unclassified.
- SLRCDistressSLR Investment Corp.0.51
- GECCDistressGreat Elm Capital Corp.0.52
- CGBDDistressCarlyle Secured Lending, Inc.0.53
- PFLTDistressPennantPark Floating Rate Capital Ltd.0.45
- SARDistressSARATOGA INVESTMENT CORP.0.44
- NMFCDistressNew Mountain Finance Corp0.59
- WHFDistressWhiteHorse Finance, Inc.0.40
- KBDCDistressKayne Anderson BDC, Inc.0.65
KPI widgets
Current assets
$0
Total assets
$1.0B
Current liabilities
$0
Total liabilities
$670M
Working capital
$0
Retained earnings
−$27M
EBIT
$0
Total sales
$0
Book equity
$371M
Accession 0001104659-26-026432. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.