Gates Interest Expense from 2010 to 2024

GTES Stock  USD 17.20  0.02  0.12%   
Gates Industrial Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense will likely drop to about 135.9 M in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2015-12-31
Previous Quarter
39.5 M
Current Value
36 M
Quarterly Volatility
69.8 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 Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Gates Industrial over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Gates Industrial's Interest 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Gates Interest Expense Regression Statistics

Arithmetic Mean168,502,400
Geometric Mean166,979,302
Coefficient Of Variation14.09
Mean Deviation16,917,120
Median173,100,000
Standard Deviation23,736,371
Sample Variance563.4T
Range82.8M
R-Value(0.52)
Mean Square Error443.8T
R-Squared0.27
Significance0.05
Slope(2,750,529)
Total Sum of Squares7887.8T

Gates Interest Expense History

2024135.9 M
2023163.2 M
2022139.4 M
2021133.5 M
2020154.3 M
2019157.8 M
2018175.9 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 Interest 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
Interest Expense163.2 M135.9 M

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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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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.