Certainty language minus hedging language in Risk Factors. Positive = assertive, negative = hedging-heavy.
Not enough filings yet to chart a trajectory. The EKG fills in as
more filings are ingested for this issuer.
Risk-factor drift item_1a vs prior same-form filing, cosine similarity
- 40-F 2026-02-13 vs 2025-02-14 99.2% boilerplate
- 40-F 2025-02-14 vs 2024-02-16 99.5% boilerplate
- 40-F 2024-02-16 vs 2023-02-14 99.2% boilerplate
- 40-F 2023-02-14 vs 2022-02-15 84.1% noticeable change
Balance-sheet trends inventory, receivables, reserves & impairment vs prior year
-
Receivables building faster than sales FY 2022-12-31receivables +17% vs revenue -8% · DSO 84.3→107.5 days
-
Inventory building faster than sales FY 2022-12-31inventory +29% vs revenue -8% · DIO 3037.5→15529.1 days
-
Goodwill impairment charge FY 2022-12-31$453.0M charge · +0% of assets
-
Receivables building faster than sales FY 2021-12-31receivables +43% vs revenue +3% · DSO 60.7→84.3 days
Balance-sheet language forensic risk vocabulary shifting in MD&A / financials vs prior year
-
Impairment risk language + numbersdensity 1.98→3.5 / 10k chars (48→95 mentions)