Gates Income Tax Expense from 2010 to 2024

GTES Stock  USD 17.20  0.02  0.12%   
Gates Industrial Income Tax Expense yearly trend continues to be comparatively stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2024. From the period from 2010 to 2024, Gates Industrial Income Tax Expense quarterly data regression had mean square error of 17795.2 T and mean deviation of  64,608,044. View All Fundamentals
 
Income Tax Expense  
First Reported
2015-12-31
Previous Quarter
1000 K
Current Value
2.4 M
Quarterly Volatility
95.2 M
 
Yuan Drop
 
Covid
Check Gates Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gates main balance sheet or income statement drivers, such as Tax Provision of 20.3 M, Depreciation And Amortization of 195.4 M or Interest Expense of 135.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.57, Dividend Yield of 0.0 or PTB Ratio of 1.14. Gates financial statements analysis is a perfect complement when working with Gates Industrial Valuation or Volatility modules.
  
This module can also supplement Gates Industrial's financial leverage analysis and stock options assessment as well as various Gates Industrial Technical models . Check out the analysis of Gates Industrial Correlation against competitors.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Latest Gates Industrial's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Gates Industrial over the last few years. It is Gates Industrial's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gates Industrial's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Gates Income Tax Expense Regression Statistics

Arithmetic Mean(46,105,667)
Coefficient Of Variation(280.62)
Mean Deviation64,608,044
Median(19,300,000)
Standard Deviation129,380,531
Sample Variance16739.3T
Range527.7M
R-Value0.11
Mean Square Error17795.2T
R-Squared0.01
Significance0.69
Slope3,280,375
Total Sum of Squares234350.5T

Gates Income Tax Expense History

202429.7 M
202328.3 M
202214.9 M
202118.4 M
2020-19.3 M
2019-495.9 M
201831.8 M

About Gates Industrial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gates Industrial income statement, its balance sheet, and the statement of cash flows. Gates Industrial investors use historical funamental indicators, such as Gates Industrial's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Gates Industrial investors may use each financial statement separately, they are all related. The changes in Gates Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gates Industrial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gates Industrial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gates Industrial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense28.3 M29.7 M

Gates Industrial Investors Sentiment

The influence of Gates Industrial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Gates. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Gates Industrial's public news can be used to forecast risks associated with an investment in Gates. The trend in average sentiment can be used to explain how an investor holding Gates can time the market purely based on public headlines and social activities around Gates Industrial. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Gates Industrial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Gates Industrial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Gates Industrial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gates Industrial.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Gates Industrial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Gates Industrial's short interest history, or implied volatility extrapolated from Gates Industrial options trading.

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When determining whether Gates Industrial is a strong investment it is important to analyze Gates Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gates Industrial's future performance. For an informed investment choice regarding Gates Stock, refer to the following important reports:
Check out the analysis of Gates Industrial Correlation against competitors.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.
Note that the Gates Industrial information on this page should be used as a complementary analysis to other Gates Industrial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Gates Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gates Industrial. If investors know Gates will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gates Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
0.84
Revenue Per Share
13.132
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0416
The market value of Gates Industrial is measured differently than its book value, which is the value of Gates that is recorded on the company's balance sheet. Investors also form their own opinion of Gates Industrial's value that differs from its market value or its book value, called intrinsic value, which is Gates Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gates Industrial's market value can be influenced by many factors that don't directly affect Gates Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gates Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gates Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gates Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.