Gates Industrial Corporation plc

NYSE:GTES USA Specialty Industrial Machinery
Market Cap
$5.90 Billion
Market Cap Rank
#2517 Global
#1763 in USA
Share Price
$23.24
Change (1 day)
+1.57%
52-Week Range
$15.56 - $28.05
All Time High
$28.05
About

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. The company offers solutions for stationary and… Read more

Gates Industrial Corporation plc - Asset Resilience Ratio

Latest as of June 2024: 0.46%

Gates Industrial Corporation plc (GTES) has an Asset Resilience Ratio of 0.46% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$32.30 Million
Cash + Short-term Investments
Total Assets
$7.03 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2012–2023)

This chart shows how Gates Industrial Corporation plc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Gates Industrial Corporation plc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $32.30 Million 0.46%
Total Liquid Assets $32.30 Million 0.46%

Asset Resilience Insights

  • Limited Liquidity: Gates Industrial Corporation plc maintains only 0.46% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

Gates Industrial Corporation plc Industry Peers by Asset Resilience Ratio

Compare Gates Industrial Corporation plc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Hanil Vacuum Co. Ltd
KQ:123840
Specialty Industrial Machinery 0.02%
Ivisionworks Co.,Ltd.
KQ:469750
Specialty Industrial Machinery 37.88%
Huayi Compressor Co Ltd
SHE:000404
Specialty Industrial Machinery 1.38%
Shenyang Machine Tool Co Ltd
SHE:000410
Specialty Industrial Machinery -6.78%
North Industries Group Red Arrow Co Ltd
SHE:000519
Specialty Industrial Machinery 0.33%
Changchai Co Ltd
SHE:000570
Specialty Industrial Machinery 6.78%
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
Specialty Industrial Machinery 1.07%
Baota Industry Co Ltd
SHE:000595
Specialty Industrial Machinery 1.20%

Annual Asset Resilience Ratio for Gates Industrial Corporation plc (2012–2023)

The table below shows the annual Asset Resilience Ratio data for Gates Industrial Corporation plc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.37% $27.00 Million $7.25 Billion -0.09pp
2022-12-31 0.46% $33.30 Million $7.19 Billion +0.41pp
2018-12-31 0.05% $3.50 Million $6.72 Billion +0.01pp
2017-12-31 0.04% $2.60 Million $6.85 Billion -0.02pp
2016-12-31 0.05% $3.50 Million $6.57 Billion 0.00pp
2015-12-31 0.05% $3.50 Million $6.57 Billion 0.00pp
2013-12-31 0.06% $2.80 Million $4.95 Billion -0.26pp
2012-12-31 0.32% $16.30 Million $5.08 Billion --
pp = percentage points