Gates Industrial Corporation plc Asset Resilience Ratio

Latest as of June 2024: 0.46%

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 GTES defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

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 of Gates Industrial Corporation plc (2012–2023)

Asset resilience ratio of Gates Industrial Corporation plc from 2012 to 2023. This chart shows how Gates Industrial Corporation plc's Asset Resilience Ratio has changed over time. Read Gates Industrial Corporation plc balance sheet liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see GTES total assets.

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
NARI Technology Co Ltd SHG:600406	Specialty Industrial Machinery	16.07%
Beijing Roborock Technology Co Ltd SHG:688169	Specialty Industrial Machinery	28.79%
X-Energy, Inc. Class A Common Stock NASDAQ:XE	Specialty Industrial Machinery	21.72%
Zhejiang Kaishan Compressor SHE:300257	Specialty Industrial Machinery	-1.03%
Guangdong Yizumi Precision Machinery Co Ltd SHE:300415	Specialty Industrial Machinery	1.19%
Inox Wind Limited NSE:INOXWIND	Specialty Industrial Machinery	5.16%
Neway CNC Equipment Suzhou Co Ltd SHG:688697	Specialty Industrial Machinery	15.88%
Hunan Yujing Machinery Co Ltd Class A SHE:002943	Specialty Industrial Machinery	0.99%

Gates Industrial Corporation plc Asset Resilience Ratio by Year (2012–2023)

Gates Industrial Corporation plc asset resilience ratio by year from 2012 to 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

About Gates Industrial Corporation plc

NYSE:GTES USA Specialty Industrial Machinery

Market Cap

$6.21 Billion

Market Cap Rank

#3099 Global

#1115 in USA

Share Price

$24.46

Change (1 day)

-0.45%

52-Week Range

$21.04 - $29.84

All Time High

$29.84