Gates Free Cash Flow per Share vs Free Cash Flow Analysis
GTES Stock | USD 17.20 0.02 0.12% |
Gates Industrial financial indicator trend analysis is much more than just examining Gates Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gates Industrial is a good investment. Please check the relationship between Gates Industrial Free Cash Flow Per Share and its Free Cash Flow accounts. 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.
Free Cash Flow Per Share vs Free Cash Flow
Free Cash Flow per Share vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gates Industrial Free Cash Flow per Share account and Free Cash Flow. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Gates Industrial's Free Cash Flow per Share and Free Cash Flow is 0.11. Overlapping area represents the amount of variation of Free Cash Flow per Share that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Gates Industrial, assuming nothing else is changed. The correlation between historical values of Gates Industrial's Free Cash Flow per Share and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow per Share of Gates Industrial are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Free Cash Flow per Share i.e., Gates Industrial's Free Cash Flow per Share and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.11 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.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 Expense | 133.5M | 139.4M | 163.2M | 135.9M | Depreciation And Amortization | 233.4M | 243.1M | 217.5M | 195.4M |
Gates Industrial fundamental ratios Correlations
Click cells to compare fundamentals
Gates Industrial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gates Industrial fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 291.6M | 292.1M | 297.3M | 287.6M | 275.6M | 232.2M | |
Total Assets | 7.4B | 7.4B | 7.5B | 7.2B | 7.3B | 7.7B | |
Short Long Term Debt Total | 3.1B | 2.8B | 2.7B | 2.6B | 2.6B | 2.5B | |
Other Current Liab | 237.3M | 266.2M | 311.2M | 325.8M | 248.5M | 173.7M | |
Total Current Liabilities | 658.1M | 726.3M | 855.9M | 752.3M | 779.3M | 769.2M | |
Total Stockholder Equity | 2.7B | 2.8B | 3.1B | 3.1B | 3.2B | 2.4B | |
Other Liab | 682M | 735.4M | 552.8M | 425.3M | 382.8M | 590.5M | |
Net Tangible Assets | (1.3B) | (1.1B) | (605.5M) | (361.5M) | (415.7M) | (436.5M) | |
Property Plant And Equipment Net | 850.9M | 825.9M | 794.5M | 769.7M | 750.1M | 818.1M | |
Net Debt | 2.4B | 2.3B | 2.0B | 2.0B | 1.8B | 2.1B | |
Retained Earnings | 1.1B | 1.2B | 1.4B | 1.5B | 1.5B | 860.3M | |
Accounts Payable | 374.7M | 417.4M | 506.6M | 469.6M | 457.7M | 443.6M | |
Cash | 635.3M | 521.4M | 658.2M | 578.4M | 720.6M | 606.8M | |
Non Current Assets Total | 5.5B | 5.5B | 5.3B | 4.9B | 4.9B | 5.6B | |
Non Currrent Assets Other | 17.1M | 16.6M | 24.1M | 40M | 28.8M | 51.3M | |
Other Assets | 665.3M | 785M | 754.6M | 640.3M | 736.3M | 449.0M | |
Long Term Debt | 2.9B | 2.7B | 2.5B | 2.4B | 2.4B | 2.4B | |
Cash And Short Term Investments | 635.3M | 521.4M | 658.2M | 578.4M | 720.6M | 607.5M | |
Net Receivables | 716.8M | 723.6M | 727.2M | 821.6M | 798.6M | 798.9M | |
Good Will | 2.1B | 2.1B | 2.1B | 2.0B | 2.0B | 2.2B | |
Long Term Debt Total | 2.9B | 2.7B | 2.5B | 2.4B | 2.2B | 2.5B | |
Liabilities And Stockholders Equity | 7.4B | 7.4B | 7.5B | 7.2B | 7.3B | 7.7B | |
Non Current Liabilities Total | 3.7B | 3.5B | 3.2B | 3.0B | 2.9B | 3.1B | |
Capital Surpluse | 2.4B | 2.5B | 2.5B | 2.5B | 2.9B | 2.4B | |
Inventory | 475.1M | 508.2M | 682.6M | 656.2M | 647.2M | 580.1M | |
Other Stockholder Equity | 2.4B | 2.5B | 2.5B | 2.5B | 2.6B | 2.4B | |
Total Liab | 4.4B | 4.2B | 4.1B | 3.7B | 3.7B | 3.6B | |
Long Term Investments | 23M | 26.5M | 15.7M | 15.1M | 17.4M | 12.4M | |
Property Plant And Equipment Gross | 850.9M | 825.9M | 794.5M | 769.7M | 1.5B | 910.6M | |
Short Long Term Debt | 46.1M | 42.7M | 38.1M | 36.6M | 36.5M | 40.3M | |
Total Current Assets | 2.0B | 1.9B | 2.3B | 2.3B | 2.4B | 2.1B | |
Accumulated Other Comprehensive Income | (858.4M) | (805.4M) | (825.2M) | (917.8M) | (828.5M) | (869.9M) | |
Short Term Debt | 46.1M | 42.7M | 38.1M | 36.6M | 36.5M | 40.3M | |
Intangible Assets | 1.9B | 1.8B | 1.6B | 1.5B | 1.4B | 1.5B | |
Property Plant Equipment | 850.9M | 825.9M | 794.5M | 769.7M | 885.2M | 817.3M | |
Non Current Liabilities Other | 84.7M | 488.6M | 59.2M | 377.3M | 123.1M | 178.8M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Gates Stock analysis
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.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
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.