CorpShield

Distress & NOL Diagnostic Engine

Corporate Distress & Net Operating Loss Screener

Analyze thousands of SEC Form 10-K disclosures instantly. Track accumulated tax benefits (NOLs) and assess credit risk using balance sheet extraction and solvency analytics.

Firms Monitored

2,450
SEC EDGAR live filings tracked

NOLs Under Analysis

$48.2B
Accumulated tax carryforwards

Market Solvency Baseline

1.85 Caution
Average tracked Altman Z-Score

Market Sector Diagnostic Preview

System Live
Technology Safe
Biotechnology Distress
Retail & Cons. Caution
Energy & Util. Distress

NOL Tax Footnote Extraction

Scrapes deferred tax asset (DTA) registers for Net Operating Loss carryforwards and corresponding valuation allowances.

Altman Solvency Diagnostics

Computes the Altman Z'-Score to determine if a firm is in the Distress (Red), Caution (Yellow), or Safe (Green) zone.

What-If Stock Scenario Tool

Inject outstanding stock volumes and share prices to simulate how real-time capitalization shifts classic credit risk profiles.

Try searching for:

Solvency Risk (Altman Z-Scores)

ℹ️
Classic Z (Public)
-- --
Z'-Score (Book)
-- --
0.0 (Distress) 1.81 2.99 5.0+ (Safe)

The Classic Z-Score (public) uses market capitalization, reflecting market sentiment. The Z'-Score (book) uses balance sheet equity, providing a capital-structure baseline.

Ohlson O-Score (Default Prob.) --

Net Operating Losses (NOL)

ℹ️
-- -- of assets
Est. Implied Tax Losses --
Gross DTAs --
Valuation Allowance --
Allowance Coverage %
--

If the Valuation Allowance Coverage is near 100%, the company's auditors believe it is unlikely to generate enough profits to benefit from its NOLs.

Liquidity & Debt Profile

ℹ️
--
Current Ratio
--
Debt-to-Equity
Current Assets --
Current Liabilities --
Net Working Capital --
Cash-to-Debt Cover --
Total Debt Balance --
Secured Debt Balance --
Secured % of Total Debt --
Primary Secured Lender(s) --

Current ratio < 1.0 indicates that short term operational liabilities exceed current operational assets. Cash-to-debt displays immediate cover buffer.

Earnings & Cash Buffer

ℹ️
-- Cash Runway
Liquid Cash Balance --
Operating Income (EBIT) --
Net Profit / Loss --

For loss-making firms, the Runway shows how many years their current cash can support their annual net burn, assuming constant losses.

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What-If Solvency Simulator

Simulate a Market Cap to calculate the **Classic Altman Z-Score**
-- Classic Z-Score
Healthy
Implied Market Cap $0.00
Total Liabilities $0.00
Leverage Component (X4) 0.00
Classic vs Book Z-Score: The classic Z-Score uses the Market Value of Equity (Market Cap) instead of the Book Value of Equity. Low stock valuations increase risk indicators.
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Three-Year Trend Analysis

Profitability Trend ($ Billions)

NOL carryforwards vs Valuation Allowance ($ Millions)

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Side-by-Side Diagnostic Screener

Compare current session search history to screen for high-NOL distressed targets.
Company Ticker Altman Z (Classic) Altman Z' (Book) Liquidity Zone Implied NOL Value Gross NOL DTA Valuation Allowance Coverage % Debt/Equity Cash Runway Remove
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