Gates Industrial Corp plc financial data

Symbol
GTES on NYSE
Industry
General Industrial Machinery & Equipment
Location
1144 Fifteenth Street, Denver, CO
State of incorporation
United Kingdom
Fiscal year end
December 28
Latest financial report
10-K - Q4 2024 - Feb 6, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 309 % +1.37%
Quick Ratio 91.6 % +9.23%
Debt-to-equity 114 % -4.65%
Return On Equity 5.65 % -15.7%
Return On Assets 2.79 % -13.7%
Operating Margin 14.1 % +8.41%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 255M shares -3.35%
Common Stock, Shares, Outstanding 255M shares -3.43%
Entity Public Float 3.19B USD +87.7%
Common Stock, Value, Issued 2.6M USD 0%
Weighted Average Number of Shares Outstanding, Diluted 265M shares -3.98%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.41B USD -4.54%
Cost of Revenue 2.05B USD -7.31%
Operating Income (Loss) 479M USD +3.48%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 328M USD +15%
Income Tax Expense (Benefit) 108M USD +280%
Net Income (Loss) Attributable to Parent 195M USD -16.3%
Earnings Per Share, Basic 0.75 USD/shares -12.8%
Earnings Per Share, Diluted 0.74 USD/shares -11.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 682M USD -5.36%
Accounts Receivable, after Allowance for Credit Loss, Current 723M USD -5.92%
Inventory, Net 676M USD +4.45%
Assets, Current 2.31B USD -3.97%
Deferred Income Tax Assets, Net 554M USD -11.1%
Operating Lease, Right-of-Use Asset 139M USD +16.1%
Intangible Assets, Net (Excluding Goodwill) 1.25B USD -9.92%
Goodwill 1.91B USD -6.37%
Other Assets, Noncurrent 24M USD -16.7%
Assets 6.79B USD -6.45%
Accrued Liabilities, Current 251M USD +1.13%
Liabilities, Current 722M USD -7.42%
Deferred Income Tax Liabilities, Net 56.8M USD -52.4%
Operating Lease, Liability, Noncurrent 126M USD +14.9%
Other Liabilities, Noncurrent 68.7M USD -44.2%
Liabilities 3.45B USD -7.13%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.08B USD -30%
Retained Earnings (Accumulated Deficit) 1.48B USD +1.18%
Stockholders' Equity Attributable to Parent 3.02B USD -6.11%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.34B USD -5.75%
Liabilities and Equity 6.79B USD -6.45%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -21M USD -140%
Net Cash Provided by (Used in) Financing Activities -149M USD -6990%
Net Cash Provided by (Used in) Investing Activities -19.5M USD +34.8%
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -198M USD -1309%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 685M USD -5.41%
Interest Paid, Excluding Capitalized Interest, Operating Activities 45.5M USD -0.87%
Deferred Tax Assets, Valuation Allowance 1.24B USD -3.74%
Deferred Tax Assets, Gross 2.11B USD -4.44%
Operating Lease, Liability 150M USD +14.1%
Payments to Acquire Property, Plant, and Equipment 16M USD +35.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -53.8M USD -117%
Lessee, Operating Lease, Liability, to be Paid 203M USD +26.2%
Operating Lease, Liability, Current 24.5M USD +10.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 28.2M USD +10.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 31.6M USD +12.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure +37.7%
Deferred Income Tax Expense (Benefit) -1.1M USD +64.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 53M USD +80.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 24.8M USD +25.3%
Deferred Tax Assets, Operating Loss Carryforwards 1.48B USD -6.92%
Unrecognized Tax Benefits 68.4M USD -5.66%
Lessee, Operating Lease, Liability, to be Paid, Year Four 22.2M USD +28.3%
Additional Paid in Capital 2.62B USD +1.35%
Amortization of Intangible Assets 129M USD -0.92%
Depreciation, Depletion and Amortization 217M USD -0.28%
Deferred Tax Assets, Net of Valuation Allowance 867M USD -5.43%
Interest Expense 160M USD +8.33%