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CPTKW · CIK 0001827899 · FY2023 live · 2023-12-31

Crown PropTech Acquisitions

DistressSEC 10-KZ″Consumer18th percentile in Consumer · 430 names

View as

Model

Z″

FY2023

−2.70

Zone

Distress

Prior

—

Market DD

—

1y PD

—

Meridian Rank

13.09

0–100 · Z″ tape · not a PD

  • Book standing

    18

  • Year change

    —

  • Market PD

    —

  • O-score

    0

−2.70

Classic Z −1.25

−21.12.68+

Z″ −2.70 · 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.

    −0.05
    6.56 × = −0.33

  • X2 Retained earnings / assets

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

    −0.31
    3.26 × = −1.00

  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    −0.05
    6.72 × = −0.32

  • X4 Book equity / liabilities

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

    −1.00
    1.05 × = −1.05

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

Crown PropTech Acquisitions is on Z″ at −2.70 (distress) for FY2023, from an SEC 10-K. Book equity / liabilities is the line that sets the print; retained earnings / assets is the runner-up. 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 · 18th percentile in Consumer.

KPI widgets

Current assets

$3K

Total assets

$45M

Current liabilities

$2M

Total liabilities

$2M

Working capital

−$2M

Retained earnings

−$14M

EBIT

−$2M

Total sales

$0

Book equity

−$2M

Accession 0001213900-25-087024. Live rank is the latest 10-K on EDGAR (FY2023, period 2023-12-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.