The quick ratio, cash and cash equivalents plus receivables in relation to current liabilities was 1.14 at the end of the financial year (year-end 2018: 0.82). The substantive increase is attributable to the release of cash and cash equivalents from the lower stocks position of € 9.9 million. The balance of receivables and current liabilities remained virtually unchanged.

The current ratio (including inventories) increased slightly from 2.51 at year-end 2018 to 2.61 at 31 December 2019. On balance, this is a minor effect and it was mainly due to a relatively low investment level of € 4.7 million by comparison with the depreciation charges of € 5.5 million. This has led to a slight fall in the use of resources in material fixed assets and has therefore a positive effect on the available resources.

Quick ratio per 31 december • Current ratio per 31 december

Impact of coronavirus

The coronavirus outbreak is leading to far-reaching health and safety measures throughout the world. The health and safety of people and ROTO stakeholders are our highest priority. ROTO is closely monitoring the policies of the various countries where it operates and carefully complying with the guidelines of the various governments. The government measures in place are having an enormous impact on the economic situation. It is clear that ROTO will be affected by coronavirus. For the time being, the production locations are continuing to operate but the first signs of a slowdown in economic activity are already apparent.

The risks for ROTO are to be found in the following areas in particular:

Human Resources

As a result of government measures or illness and/or unrest among our workforce, production locations may be forced to cut back considerably or cease production. For the time being, governments are concentrating on partial wage compensation in order to limit the damage suffered as a result of continued payment of wages. The regulations vary from country to country and are still being worked out in detail by government authorities. It is expected that ROTO companies will avail themselves of the assistance available under the schemes on offer. In the case of a gradual decline in the amount of work, ROTO will be forced to take leave of temporary staff and not to extend temporary employment contracts. ROTO engages actively in communications with its employees about the measures taken and the guidelines and protocols to which the employees must adhere. This gives our workforce peace of mind.

The quick ratio, cash and cash equivalents plus receivables in relation to current liabilities was 1.14 at the end of the financial year (year-end 2018: 0.82). The substantive increase is attributable to the release of cash and cash equivalents from the lower stocks position of € 9.9 million. The balance of receivables and current liabilities remained virtually unchanged.

The current ratio (including inventories) increased slightly from 2.51 at year-end 2018 to 2.61 at 31 December 2019. On balance, this is a minor effect and it was mainly due to a relatively low investment level of € 4.7 million by comparison with the depreciation charges of € 5.5 million. This has led to a slight fall in the use of resources in material fixed assets and has therefore a positive effect on the available resources.

Quick ratio per 31 december • Current ratio per 31 december

Impact of coronavirus

The coronavirus outbreak is leading to far-reaching health and safety measures throughout the world. The health and safety of people and ROTO stakeholders are our highest priority. ROTO is closely monitoring the policies of the various countries where it operates and carefully complying with the guidelines of the various governments. The government measures in place are having an enormous impact on the economic situation. It is clear that ROTO will be affected by coronavirus. For the time being, the production locations are continuing to operate but the first signs of a slowdown in economic activity are already apparent.

The risks for ROTO are to be found in the following areas in particular:

Human Resources

As a result of government measures or illness and/or unrest among our workforce, production locations may be forced to cut back considerably or cease production. For the time being, governments are concentrating on partial wage compensation in order to limit the damage suffered as a result of continued payment of wages. The regulations vary from country to country and are still being worked out in detail by government authorities. It is expected that ROTO companies will avail themselves of the assistance available under the schemes on offer. In the case of a gradual decline in the amount of work, ROTO will be forced to take leave of temporary staff and not to extend temporary employment contracts. ROTO engages actively in communications with its employees about the measures taken and the guidelines and protocols to which the employees must adhere. This gives our workforce peace of mind.

The quick ratio, cash and cash equivalents plus receivables in relation to current liabilities was 1.14 at the end of the financial year (year-end 2018: 0.82). The substantive increase is attributable to the release of cash and cash equivalents from the lower stocks position of € 9.9 million. The balance of receivables and current liabilities remained virtually unchanged.

The current ratio (including inventories) increased slightly from 2.51 at year-end 2018 to 2.61 at 31 December 2019. On balance, this is a minor effect and it was mainly due to a relatively low investment level of € 4.7 million by comparison with the depreciation charges of € 5.5 million. This has led to a slight fall in the use of resources in material fixed assets and has therefore a positive effect on the available resources.

Quick ratio per 31 december • Current ratio per 31 december

Impact of coronavirus

The coronavirus outbreak is leading to far-reaching health and safety measures throughout the world. The health and safety of people and ROTO stakeholders are our highest priority. ROTO is closely monitoring the policies of the various countries where it operates and carefully complying with the guidelines of the various governments. The government measures in place are having an enormous impact on the economic situation. It is clear that ROTO will be affected by coronavirus. For the time being, the production locations are continuing to operate but the first signs of a slowdown in economic activity are already apparent.

The risks for ROTO are to be found in the following areas in particular:

Human Resources

As a result of government measures or illness and/or unrest among our workforce, production locations may be forced to cut back considerably or cease production. For the time being, governments are concentrating on partial wage compensation in order to limit the damage suffered as a result of continued payment of wages. The regulations vary from country to country and are still being worked out in detail by government authorities. It is expected that ROTO companies will avail themselves of the assistance available under the schemes on offer. In the case of a gradual decline in the amount of work, ROTO will be forced to take leave of temporary staff and not to extend temporary employment contracts. ROTO engages actively in communications with its employees about the measures taken and the guidelines and protocols to which the employees must adhere. This gives our workforce peace of mind.