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CDTG · CIK 0001793895 · FY2025 live · 2025-12-31

CDT Environmental Technology Investment Holdings Ltd

GreySEC 10-KZ″Utilities91st percentile in Utilities · 132 names

View as

Model

Z″

FY2025

2.14

Zone

Grey

Prior

Market DD

1y PD

2.14

Classic Z 0.67

−21.12.68+

Z″ 2.14 · 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.

    0.30
    6.56 × = 1.95
  • X2 Retained earnings / assets

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

    0.16
    3.26 × = 0.52
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    −0.13
    6.72 × = −0.88
  • X4 Book equity / liabilities

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

    0.53
    1.05 × = 0.55

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.

Overview

rule-v1

CDT Environmental Technology Investment Holdings Ltd is on Z″ at 2.14 (grey) for FY2025, from an SEC 10-K. Working capital / assets 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 Grey; 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 · 91st percentile in Utilities.

KPI widgets

Current assets

$84M

Total assets

$89M

Current liabilities

$58M

Total liabilities

$58M

Working capital

$26M

Retained earnings

$14M

EBIT

−$12M

Total sales

$18M

Book equity

$31M

Accession 0001731122-26-000740. 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 12 Sept 2026.