AREF THALASSA risk profile
46 Elevated one input has moved against it
Measured 21 October 2026 from MLARE.PA's filed statements. Recomputed nightly.
46 (Elevated), driven by Leverage and coverage at 88, over 3 weighted categories on the GENERAL profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | Reads pct_below_52w_high, volatility_1y_pct and avg_turnover_90d_usd. No reading is stored for this company. | |||
| Operating pressure | 16 | Contained | Easing | Costs outgrowing revenue — -7.7 percentage points |
| Cash conversion | 35 | Normal | Easing | Cash conversion — 0.61x |
| Leverage and coverage | 88 | Acute | Worsening | Net debt to EBITDA — 11.13x |
| Competitive position | Reads research_and_development, operating_income, revenue, peer cohort and disclosed transition KPIs. No reading is stored for this company. | |||
| 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.