Binect AG risk profile
19 Contained slack in every measured input
Measured 21 October 2026 from MA10's filed statements. Recomputed nightly.
19 (Contained), driven by Cash conversion at 54, over 5 weighted categories on the SOFTWARE profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 27 | Normal | Stable | Average daily turnover — $4.3K |
| Operating pressure | 43 | Elevated | Stable | Costs outgrowing revenue — -0.0 percentage points |
| Cash conversion | 54 | Elevated | Worsening | Capital spending against operating cash — 1.14x |
| Leverage and coverage | 7 | Contained | Stable | Current ratio — 1.92x |
| Competitive position | 9 | Contained | Stable | Operating-margin gap against peers — +18.1 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.