What comes next

Expand the scope to additional countries

Our data set currently covers 21 countries. We intend to onboard another 9 countries by the end of the year. Most of them will be emerging markets, a few European. If you are interested to learn more about a specific country, let us know.

Expand measures of corporate performance

At present, we employ three measures of corporate performance: economic profit, interest coverage ratio (ICR), and the Altman Z’’-score. We intend to expand our range of measures by considering additional approaches for zombie identification. Some promising methodologies for this purpose include those proposed by Adalet McGowan et al. (2017), Storz et al. (2017), and Favara et al. (2021). Additionally, we will explore alternative indicators of financial distress, such as Ohlson's O-score, Merton's distance-to-default, and sovereign credit ratings.

Develop thought leadership pieces

The "Our Insights" section contains research highlighting applications of the Crux of Capitalism data. We aim to expand this section continuously to offer detailed analyses of a particular research question related to corporate performance. The upcoming thought leadership piece will explore how examining the economy through the lens of economic profit can add value.

Earnings Calendar

10.07.2025
PROGRESSIVE CORPORATION (THE) • TATA CONSULTANCY SERV LTD • FAST RETAILING CO LTD • SEVEN & I HOLDINGS CO LTD • DELTA AIR LINES, INC. • LARGAN PRECISION CO • CONAGRA BRANDS, INC. • SWATCH GROUP I • LEVI STRAUSS & CO • NANYA TECHNOLOGY CORPORATION • ARITZIA INC • TATA ELXSI LTD • SUGI HOLDINGS CO.LTD. • TSURUHA HOLDINGS INC • PRICESMART, INC. • THE SIMPLY GOOD FOODS COMPANY • WD-40 COMPANY • U-NEXT HOLDINGS CO LTD • SUEDZUCKER AG • WAFD, INC. • NYFOSA AB • AEON FINANCIAL SERVICE CO LIMITED • HISAMITSU PHARMACEUTICAL CO INC • GERRESHEIMER AG • IZUMI CO LTD • AEON DELIGHT CO • TAKEUCHI MFG CO • RICHELIEU HARDWARE • EUROPRIS ASA • BLUENORD ASA • UNITED SUPER MARKETS HLDGS INC • FUJI CO(TOKYO) • OSG CORP • E2OPEN PARENT HOLDINGS, INC. • BELC CO LTD • NURIX THERAPEUTICS, INC. • BONHEUR ASA • SWEDISH LOGISTIC PROPERTY AB SER. B • KOHNAN SHOJI • BYRNA TECHNOLOGIES, INC. • HELEN OF TROY LIMITED • KAUFMAN ET BROAD • NOMURA CO LTD • FARMERS & MERCHANTS BANK OF LONG BEACH (CA) • KOJIMA CO LTD • DAIKOKUTENBUSSAN CO • KOSHIDAKA HOLDINGS CO LTD
11.07.2025
DNB BANK ASA • AVENUE SUPERMARTS LTD • AEON CO LTD • EMS-CHEMIE N • TRYG A/S • GJENSIDIGE FORSIKRING ASA • RYOHIN KEIKAKU CO • CELCOMDIGI BERHAD • AXFOOD AB • STOREBRAND ASA • AVANZA BANK HOLDING AB • FORTNOX AB • INDIAN RENEWABLE ENERGY • COSMOS PHARMACEUTICAL CORP • MYCRONIC AB • INTEA FASTIGHETER AB SER. B • PROTECTOR FORSIKRING ASA • PANDOX AB SER. B • RORZE CORP • ENTRA ASA • HMS NETWORKS AB • BRAVIDA HOLDING AB • VITEC SOFTWARE GROUP AB SER. B • BIC CAMERA INC. • AKER SOLUTIONS ASA • NP3 FASTIGHETER AB • ELECON ENG. CO. LTD • NORWEGIAN AIR SHUTTLE ASA • GRANGES AB • CCL PRODUCTS (I) LTD • JINS HOLDINGS INC • KITRON ASA • JM AB • ARJO AB SER. B • XVIVO PERFUSION AB • KOMEDA HOLDINGS CO LTD • WINGARC1ST INC • JUSTDIAL LTD. • COREM PROPERTY GROUP AB SER. A • TF BANK AB • AEON HOKKAIDO CORPORATION • KARNATAKA BANK LTD • PLEJD AB • PUBLIC PROPERTY INVEST ASA • DOUTOR NICHIRES HOLDINGS CO LTD • MTY FOOD GROUP INC • MAXVALU TOKAI CO LTD • TAMA HOME CO LIMITED • AEON KYUSHU CO LTD • JAPAN WOOL TEXTILE CO • WAKITA & CO • INSTITUTE FOR Q-SHU PIONEERS OF SPA • LIME TECHNOLOGIES AB
© 2025 CRUX OF CAPITALISM