Gates Net Income vs Shareholders Equity Analysis
GTES Stock | USD 17.77 0.12 0.68% |
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.
Gates |
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. Add Fundamental
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 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
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Gates Industrial Account Relationship Matchups
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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 |
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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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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.
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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.