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GTES – Gates Industrial Corporation PLC

Not Compliant

The company is not compliant as it fails the financial ratios.

Gates Industrial Corporation plc is a manufacturer of engineered power transmission and fluid power solutions. The Company operates its business on a product-line basis through its two segments: Power Transmission and Fluid Power. Its Power Transmission segment includes elastomer drive belts and related components used to transfer motion in a range of applications. Its Fluid Power segment includes hoses, tubing and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications, and other high-pressure and fluid transfer hoses used to convey various fluids. It offers a portfolio of products to diverse replacement channel customers, and to original equipment (first-fit) manufacturers as specified components. It sells its products under its Gates brand name. Its products are used in applications across various end markets including construction, agriculture, energy, automotive, transportation, diversified industrial, and personal mobility.

AAOIFI ✗

Debt ÷ Market cap (MC)65.64
Non-Compliant Assets ÷ MC0.4
Impure Income (incl. Interest)0.1
Impure Income%
Interest Income0.1%
Total0.1%

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