Icade SA risk profile
63 Stretched several inputs deteriorating together
Measured 21 October 2026 from ICAD's filed statements. Recomputed nightly.
63 (Stretched), driven by Leverage and coverage at 93, over 5 weighted categories on the GENERAL profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 46 | Elevated | Stable | Drawdown from the 52-week high — 34.6% |
| Operating pressure | 28 | Normal | Easing | Operating-margin drift — +2.0 percentage points |
| Cash conversion | 72 | Stretched | Worsening | Capital spending against operating cash — 1.02x |
| Leverage and coverage | 93 | Acute | Worsening | Net debt to EBITDA |
| Competitive position | 73 | Stretched | Stable | Operating-margin gap against peers — -9.0 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.