Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS (IST:GATEG) Current Ratio: 2.60 (As of Mar. 2023)

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IST:GATEG Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS IST:GATEG
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What is Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Current Ratio?

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS IST:GATEG +1.61% 5 Current Ratio is 2.60 as of Mar. 2023. GuruFocus rates IST:GATEG with a GF Score™ of 5/100.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's current ratio for the quarter that ended in Mar. 2023 was 2.60.

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS has a current ratio of 2.60. It generally indicates good short-term financial strength.

The historical rank and industry rank for Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio or its related term are showing as below:

IST:GATEG's Current Ratio is not ranked *
in the Business Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Current Ratio only.

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS  (IST:GATEG) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Current Ratio Related Terms


Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Current Ratio Historical Data

* Premium members only.

The historical data trend for Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Current Ratio Chart

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 0.73 1.15 2.39 2.83

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 1.86 2.17 2.83 2.60

IST:GATEG vs ALLE, MSA, ADT: Current Ratio Comparison

For the Security & Protection Services subindustry, Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Current Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio distribution charts can be found below:

* The bar in red indicates where Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio falls into.


IST:GATEG
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Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS IST:GATEG
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=88.04/31.083
=2.83

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio for the quarter that ended in Mar. 2023 is calculated as

Current Ratio (Q: Mar. 2023 )=Total Current Assets (Q: Mar. 2023 )/Total Current Liabilities (Q: Mar. 2023 )
=90.708/34.83
=2.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.60 mean?
Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS (IST:GATEG) has a Current Ratio of 2.60 as of Mar. 2023.
Is Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio too high?
Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's current Current Ratio is 2.60. The Business Services industry median Current Ratio is 1.83. Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's value of 2.60 is 42.1% above this industry median. Overall, Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio compare to ALLE and MSA?
Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's Current Ratio of 2.60 can be compared against companies in the Business Services industry. The industry median Current Ratio is 1.83. Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's value of 2.60 is 42.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Business Services company?
The median Current Ratio among Business Services companies is 1.83, based on 1,091 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's current Current Ratio of 2.60 is 42.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median Current Ratio is 1.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's current Current Ratio is 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS stock overvalued right now?
Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS (IST:GATEG) has a current Current Ratio of 2.60. The current Current Ratio is 2.60 and 42.1% above the Business Services industry median of 1.83. Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS (IST:GATEG), the current Current Ratio is 2.60 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS Business Description

Address Buyukdere Street, Block A, No. 201/40, LOFT Residence Apartment Building, Esentepe Neighborhood, Sisli, Istanbul, TUR, 34373
Gate Group Teknoloji Medya ve Siber Guvenlik Hizmetleri AS is engaged in the business of Electronic Security Systems. The company's business scope include electronic security systems, energy-related services, entertainment media, giftware, toys, jewellery and artistic products, software and computer technology services, etc.
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