Reach Subsea risk profile
29 Normal where most of the sector sits
Measured 1 September 2026 from REACH's filed statements. Recomputed nightly.
29 (Normal), driven by Operating pressure at 52, over 5 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 52 | Elevated | Worsening | One-year price volatility — 40.8% |
| Operating pressure | 52 | Elevated | Worsening | Costs outgrowing revenue — +3.3 percentage points |
| Cash conversion | 13 | Contained | Stable | Capital spending against operating cash — 0.30x |
| Leverage and coverage | 28 | Normal | Worsening | Current ratio — 0.72x |
| Competitive position | 16 | Contained | Stable | Operating-margin gap against peers — +10.1 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.