Meridian
Universe

CPHC · CIK 0001672909 · FY2025 live · 2025-12-31

Canterbury Park Holding Corp

SafeSEC 10-KZ″Consumer88th percentile in Consumer · 430 names

View as

Model

Z″

FY2025

5.65

Zone

Safe

Prior

Market DD

1y PD

5.65

Classic Z 2.65

−21.12.68+

Z″ 5.65 · 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.

    0.14
    6.56 × = 0.90
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.47
    3.26 × = 1.54
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.02
    6.72 × = 0.15
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.

    2.92
    1.05 × = 3.07

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

82.91

0–100 · Z″ tape · not a PD

  • Book standing

    87

  • Year change

  • Market PD

  • O-score

    72

Events on this name

Same published rows as Today. Not a live recompute.

  • Approaching grey

    watch · 41

    • Live Z: — → 5.65
    • Cut: — → 1.10

Overview

rule-v1

Canterbury Park Holding Corp is on Z″ at 5.65 (safe) 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 Safe; 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 · 88th percentile in Consumer.

KPI widgets

Current assets

$25M

Total assets

$113M

Current liabilities

$10M

Total liabilities

$29M

Working capital

$15M

Retained earnings

$53M

EBIT

$2M

Total sales

$0

Book equity

$84M

Accession 0001437749-26-007464. 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.