The Viridian Credit Tracker utilizes 11 different bespoke credit ratios to evaluate four aspects of credit quality: Liquidity, Leverage, Profitability, and Size. We are looking at the extreme quartiles of our ratios to identify credit stresses.   We see the most significant liquidity stress in the Infused Products and Extracts sector. The twenty-one companies in this sector have a median free cash flow adjusted current ratio of only .04x, indicating severe liquidity stress. These tend to be relatively small companies with an average market cap of only about $8M and may have little access to debt capital. The median debt/market cap is only .69x indicating some ability to pursue debt/equity swaps, which seems to be a good idea since even the highest quartile appears to have significant negative funds from operation relative to their liabilities. These small brand companies appear fertile hunting grounds for distressed investors who can combine these entities with larger organizations.