hGears AG risk profile
86 Acute at or past the historical limit
Measured 1 September 2026 from HGEA's filed statements. Recomputed nightly.
86 (Acute), driven by Leverage and coverage at 95, over 4 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 83 | Acute | Stable | Drawdown from the 52-week high — 57.8% |
| Operating pressure | 79 | Stretched | Worsening | Costs outgrowing revenue — +9.6 percentage points |
| Cash conversion | Reads operating_cashflow, capital_expenditure, free_cashflow, net_income and revenue. No reading is stored for this company. | |||
| Leverage and coverage | 95 | Acute | Stable | Net debt to EBITDA — 205.53x |
| Competitive position | 87 | Acute | Stable | Operating-margin gap against peers — -23.5 percentage points |
| Concentration | Reads identified supplier spend, customers above the 10% disclosure threshold and revenue by region. No reading is stored for this company. | |||
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.