GTES: נזילות מהירה Gates Industrial Corporation plc

Gates Industrial outsources its logistics and IT support to external partners and procures raw materials from third-party contractors. The business is susceptible to automotive macrocycles and the risk of a transition to electric vehicles. Meanwhile, diversified supplies of polymers and steel cord ensure plant stability. The acid-test ratio visualizes the ability to cover debts without including inventories, where 2.37 shows the value of this parameter.

The quick ratio measures the ability of Gates Industrial (GTES) to meet its short-term obligations using cash and accounts receivable, completely excluding low-liquidity inventory. The current value of 2.37 for the quick ratio allows for an assessment of the financial stability of the company, whose business model relies on an extensive distribution network and complex supply chain logistics for industrial components.