Gates Industrial Corporation plc (GTES) — Working Capital to Net Assets Ratio
Gates Industrial Corporation plc (GTES) has a Working Capital to Net Assets ratio of 47.3% as of December 2025. Working capital of $1.75 Billion (current assets of $2.48 Billion minus current liabilities of $735.40 Million) is measured against net assets of $3.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GTES days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gates Industrial Corporation plc Working Capital to Net Assets (2012–2025)
This chart shows how Gates Industrial Corporation plc's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 47.3%, reflecting working capital of $1.75 Billion against net assets of $3.69 Billion USD. For the complete balance sheet picture, see how large is Gates Industrial Corporation plc's balance sheet.
Annual Working Capital to Net Assets for Gates Industrial Corporation plc (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gates Industrial Corporation plc from 2012 to 2025, covering 13 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Gates Industrial Corporation plc (GTES) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 47.3% | $1.75 Billion | $3.69 Billion | $2.48 Billion | $735.40 Million | ▼ -0.1 pp |
| 2024 | 47.4% | $1.58 Billion | $3.34 Billion | $2.31 Billion | $721.50 Million | ▲ +1.7 pp |
| 2023 | 45.8% | $1.62 Billion | $3.54 Billion | $2.40 Billion | $779.30 Million | ▲ +1.5 pp |
| 2022 | 44.3% | $1.53 Billion | $3.44 Billion | $2.28 Billion | $752.30 Million | ▲ +3.4 pp |
| 2021 | 40.9% | $1.42 Billion | $3.48 Billion | $2.28 Billion | $855.90 Million | ▲ +3.8 pp |
| 2020 | 37.1% | $1.18 Billion | $3.19 Billion | $1.91 Billion | $726.30 Million | ▼ -6.1 pp |
| 2019 | 43.2% | $1.30 Billion | $3.01 Billion | $1.96 Billion | $658.10 Million | ▼ -5.5 pp |
| 2018 | 48.7% | $1.14 Billion | $2.33 Billion | $1.81 Billion | $679.00 Million | ▼ -30.3 pp |
| 2017 | 79.0% | $1.13 Billion | $1.43 Billion | $1.83 Billion | $697.80 Million | ▲ +5.0 pp |
| 2016 | 74.0% | $882.00 Million | $1.19 Billion | $1.45 Billion | $565.20 Million | ▲ +0.0 pp |
| 2015 | 74.0% | $882.00 Million | $1.19 Billion | $1.45 Billion | $565.20 Million | ▲ +20.4 pp |
| 2013 | 53.5% | $1.09 Billion | $2.03 Billion | $1.69 Billion | $598.90 Million | ▲ +2.6 pp |
| 2012 | 50.9% | $989.90 Million | $1.94 Billion | $1.58 Billion | $589.90 Million | — |