Liquidity

The quick ratio (cash and cash equivalents plus receivables in relation to current liabilities) amounts to 0.94 at the end of 2022 (end of 2021: 0.97). Although the ratio is a little lower and just below 1, ROTO has sufficient liquid assets. Cash positions and cash developments are monitored with the required attention and on a periodic basis.

The current ratio (including inventories) of 2.14 at the end of 2022 (end of 2021: 1.75) is slightly higher. This is due to the increase in inventory valuation as a result of higher zinc and steel prices at the end of the year compared to last year’s closing.