Gates Industrial Corporation plc - Asset Resilience Ratio
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. See working capital to net assets of Gates Industrial Corporation plc to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2023)
This chart shows how Gates Industrial Corporation plc's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Gates Industrial Corporation plc total assets.
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. Explore Gates Industrial Corporation plc long-term investment allocation to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS |
Specialty Industrial Machinery | 0.62% |
|
Schindler Holding AG
SW:SCHN |
Specialty Industrial Machinery | 36.46% |
|
Symbotic Inc
NASDAQ:SYM |
Specialty Industrial Machinery | 0.00% |
|
Sulzer AG
SW:SUN |
Specialty Industrial Machinery | 0.00% |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE |
Specialty Industrial Machinery | 21.72% |
|
Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283 |
Specialty Industrial Machinery | 1.25% |
|
Sandvik AB
ST:SAND |
Specialty Industrial Machinery | 2.92% |
|
NARI Technology Co Ltd
SHG:600406 |
Specialty Industrial Machinery | 16.07% |
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 | -- |
About Gates Industrial Corporation plc
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