Gates Earnings per Basic Share vs Free Cash Flow per Share Analysis

GTES Stock  USD 17.74  0.23  1.31%   
Trend analysis of Gates Industrial balance sheet accounts such as Short and Long Term Debt Total of 2.5 B or Other Current Liab of 173.7 M provides information on Gates Industrial's total assets, liabilities, and equity, which is the actual value of Gates Industrial to its prevalent stockholders. By breaking down trends over time using Gates Industrial balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

About Gates Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Gates Industrial at a specified time, usually calculated after every quarter, six months, or one year. Gates Industrial Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Gates Industrial and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Gates currently owns. An asset can also be divided into two categories, current and non-current.

Gates Industrial Balance Sheet Chart

Gates Industrial Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Gates Industrial uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Gates Industrial's Good Will is comparatively stable compared to the past year. Long Term Debt Total is likely to gain to about 2.5 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 2.5 B in 2024.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Gates Industrial assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Gates Industrial books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Gates Industrial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gates Industrial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Gates Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gates Industrial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.At this time, Gates Industrial's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 890.5 M in 2024, whereas Discontinued Operations is likely to drop (483 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense133.5M139.4M163.2M135.9M
Depreciation And Amortization233.4M243.1M217.5M195.4M

Gates Industrial fundamental ratios Correlations

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-0.57-0.880.530.870.88-0.810.920.93-0.18-0.880.880.830.80.62-0.860.88-0.890.790.780.750.74-0.87-0.870.810.78
0.55-0.88-0.29-0.89-0.960.94-0.99-0.860.080.99-0.94-0.91-0.78-0.280.84-0.871.0-0.78-0.91-0.52-0.880.991.0-0.96-0.91
-0.170.53-0.290.440.43-0.420.430.31-0.66-0.350.530.330.540.31-0.610.62-0.320.540.270.170.16-0.33-0.330.250.35
-0.520.87-0.890.440.89-0.910.910.76-0.3-0.910.90.980.860.23-0.740.83-0.890.860.870.560.76-0.88-0.90.840.93
-0.420.88-0.960.430.89-0.950.980.88-0.1-0.980.990.910.820.27-0.910.95-0.970.820.870.440.93-0.97-0.970.970.91
0.52-0.810.94-0.42-0.91-0.95-0.96-0.750.160.96-0.95-0.93-0.87-0.070.79-0.860.94-0.87-0.95-0.39-0.810.950.96-0.94-0.94
-0.550.92-0.990.430.910.98-0.960.87-0.14-0.990.970.920.840.31-0.890.92-0.990.840.910.530.86-0.99-0.990.950.91
-0.430.93-0.860.310.760.88-0.750.870.12-0.850.840.770.670.62-0.830.84-0.870.670.740.690.87-0.84-0.840.840.71
0.1-0.180.08-0.66-0.3-0.10.16-0.140.120.09-0.19-0.18-0.14-0.030.15-0.220.09-0.14-0.1-0.10.170.10.110.04-0.25
0.54-0.880.99-0.35-0.91-0.980.96-0.99-0.850.09-0.96-0.93-0.85-0.230.87-0.90.99-0.85-0.92-0.48-0.890.990.99-0.97-0.91
-0.410.88-0.940.530.90.99-0.950.970.84-0.19-0.960.90.850.24-0.920.97-0.950.850.850.390.89-0.96-0.950.940.9
-0.530.83-0.910.330.980.91-0.930.920.77-0.18-0.930.90.860.14-0.710.81-0.90.860.920.490.83-0.9-0.920.880.93
-0.580.8-0.780.540.860.82-0.870.840.67-0.14-0.850.850.860.12-0.780.82-0.781.00.820.390.66-0.79-0.810.790.74
-0.250.62-0.280.310.230.27-0.070.310.62-0.03-0.230.240.140.12-0.440.38-0.30.120.080.770.22-0.25-0.240.180.09
0.36-0.860.84-0.61-0.74-0.910.79-0.89-0.830.150.87-0.92-0.71-0.78-0.44-0.980.86-0.78-0.66-0.38-0.80.860.84-0.84-0.71
-0.350.88-0.870.620.830.95-0.860.920.84-0.22-0.90.970.810.820.38-0.98-0.890.820.730.410.84-0.9-0.870.880.79
0.53-0.891.0-0.32-0.89-0.970.94-0.99-0.870.090.99-0.95-0.9-0.78-0.30.86-0.89-0.78-0.9-0.52-0.891.01.0-0.97-0.91
-0.580.79-0.780.540.860.82-0.870.840.67-0.14-0.850.850.861.00.12-0.780.82-0.780.820.390.66-0.79-0.80.790.74
-0.650.78-0.910.270.870.87-0.950.910.74-0.1-0.920.850.920.820.08-0.660.73-0.90.820.490.76-0.9-0.930.880.86
-0.60.75-0.520.170.560.44-0.390.530.69-0.1-0.480.390.490.390.77-0.380.41-0.520.390.490.32-0.48-0.510.420.41
-0.250.74-0.880.160.760.93-0.810.860.870.17-0.890.890.830.660.22-0.80.84-0.890.660.760.32-0.88-0.870.920.79
0.51-0.870.99-0.33-0.88-0.970.95-0.99-0.840.10.99-0.96-0.9-0.79-0.250.86-0.91.0-0.79-0.9-0.48-0.881.0-0.98-0.91
0.55-0.871.0-0.33-0.9-0.970.96-0.99-0.840.110.99-0.95-0.92-0.81-0.240.84-0.871.0-0.8-0.93-0.51-0.871.0-0.97-0.93
-0.450.81-0.960.250.840.97-0.940.950.840.04-0.970.940.880.790.18-0.840.88-0.970.790.880.420.92-0.98-0.970.88
-0.410.78-0.910.350.930.91-0.940.910.71-0.25-0.910.90.930.740.09-0.710.79-0.910.740.860.410.79-0.91-0.930.88
Click cells to compare fundamentals

Gates Industrial Account Relationship Matchups

Gates Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding291.6M292.1M297.3M287.6M275.6M232.2M
Total Assets7.4B7.4B7.5B7.2B7.3B7.7B
Short Long Term Debt Total3.1B2.8B2.7B2.6B2.6B2.5B
Other Current Liab237.3M266.2M311.2M325.8M248.5M173.7M
Total Current Liabilities658.1M726.3M855.9M752.3M779.3M769.2M
Total Stockholder Equity2.7B2.8B3.1B3.1B3.2B2.4B
Other Liab682M735.4M552.8M425.3M382.8M590.5M
Net Tangible Assets(1.3B)(1.1B)(605.5M)(361.5M)(415.7M)(436.5M)
Property Plant And Equipment Net850.9M825.9M794.5M769.7M750.1M818.1M
Net Debt2.4B2.3B2.0B2.0B1.8B2.1B
Retained Earnings1.1B1.2B1.4B1.5B1.5B860.3M
Accounts Payable374.7M417.4M506.6M469.6M457.7M443.6M
Cash635.3M521.4M658.2M578.4M720.6M606.8M
Non Current Assets Total5.5B5.5B5.3B4.9B4.9B5.6B
Non Currrent Assets Other17.1M16.6M24.1M40M28.8M51.3M
Other Assets665.3M785M754.6M640.3M736.3M449.0M
Long Term Debt2.9B2.7B2.5B2.4B2.4B2.4B
Cash And Short Term Investments635.3M521.4M658.2M578.4M720.6M607.5M
Net Receivables716.8M723.6M727.2M821.6M798.6M798.9M
Good Will2.1B2.1B2.1B2.0B2.0B2.2B
Long Term Debt Total2.9B2.7B2.5B2.4B2.2B2.5B
Liabilities And Stockholders Equity7.4B7.4B7.5B7.2B7.3B7.7B
Non Current Liabilities Total3.7B3.5B3.2B3.0B2.9B3.1B
Capital Surpluse2.4B2.5B2.5B2.5B2.9B2.4B
Inventory475.1M508.2M682.6M656.2M647.2M580.1M
Other Stockholder Equity2.4B2.5B2.5B2.5B2.6B2.4B
Total Liab4.4B4.2B4.1B3.7B3.7B3.6B
Long Term Investments23M26.5M15.7M15.1M17.4M12.4M
Property Plant And Equipment Gross850.9M825.9M794.5M769.7M1.5B910.6M
Short Long Term Debt46.1M42.7M38.1M36.6M36.5M40.3M
Total Current Assets2.0B1.9B2.3B2.3B2.4B2.1B
Accumulated Other Comprehensive Income(858.4M)(805.4M)(825.2M)(917.8M)(828.5M)(869.9M)
Short Term Debt46.1M42.7M38.1M36.6M36.5M40.3M
Intangible Assets1.9B1.8B1.6B1.5B1.4B1.5B
Property Plant Equipment850.9M825.9M794.5M769.7M885.2M817.3M
Non Current Liabilities Other84.7M488.6M59.2M377.3M123.1M178.8M

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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Gates Industrial's price analysis, check to measure Gates Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gates Industrial is operating at the current time. Most of Gates Industrial's value examination focuses on studying past and present price action to predict the probability of Gates Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gates Industrial's price. Additionally, you may evaluate how the addition of Gates Industrial to your portfolios can decrease your overall portfolio volatility.
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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.