| Sector of activity | Z-Score | Zone |
| Mining | 18.40 | Sector companies are unlikely to default (Safe Zones) |
| Building and construction materials | 8.47 | |
| Housing | 6.70 | |
| Distribution | 5.40 | |
| Telecommunications | 4.80 | |
| Portfolio Companies/Holdings | 3.90 | |
| Transportation | 3.50 | |
| Insurance | 2.95 | Risk tolerated (Grey Zones) |
| Hardware. Software and Computer Services | 2.87 | |
| Banking | 1.90 | |
| Engineering and Industrial Equipment | 1.10 | High risk (Distress Zones) |
| Oil and Gaz | 1.10 |