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-Q - Q3 2024 - Oct 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 307 % +0.93%
Quick Ratio 89 % +4.78%
Debt-to-equity 114 % -5.46%
Return On Equity 6.32 % -14.3%
Return On Assets 3.11 % -11.9%
Operating Margin 14.1 % +15.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 255M shares -3.56%
Common Stock, Shares, Outstanding 255M shares -3.56%
Entity Public Float 1.7B USD +60.2%
Common Stock, Value, Issued 2.5M USD -3.85%
Weighted Average Number of Shares Outstanding, Diluted 263M shares -1.64%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.44B USD -4.39%
Cost of Revenue 2.08B USD -8.28%
Operating Income (Loss) 486M USD +10.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 312M USD +4.84%
Income Tax Expense (Benefit) 63.2M USD +227%
Net Income (Loss) Attributable to Parent 221M USD -13.2%
Earnings Per Share, Basic 0.83 USD/shares -10.8%
Earnings Per Share, Diluted 0.82 USD/shares -9.89%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 574M USD +3.16%
Accounts Receivable, after Allowance for Credit Loss, Current 812M USD -1.23%
Inventory, Net 725M USD +12.2%
Assets, Current 2.4B USD +3.56%
Deferred Income Tax Assets, Net 644M USD +5.87%
Operating Lease, Right-of-Use Asset 137M USD +12.5%
Intangible Assets, Net (Excluding Goodwill) 1.29B USD -7.5%
Goodwill 2B USD +0.65%
Other Assets, Noncurrent 17.5M USD -53.7%
Assets 7.12B USD +0.17%
Accrued Liabilities, Current 265M USD +9.04%
Liabilities, Current 796M USD +1.95%
Deferred Income Tax Liabilities, Net 102M USD -38.5%
Operating Lease, Liability, Noncurrent 110M USD -8.98%
Other Liabilities, Noncurrent 144M USD +70.9%
Liabilities 3.66B USD -0.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -942M USD -6.27%
Retained Earnings (Accumulated Deficit) 1.57B USD +12.2%
Stockholders' Equity Attributable to Parent 3.11B USD +0.62%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.46B USD +1.34%
Liabilities and Equity 7.12B USD +0.17%

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 578M USD +3.11%
Interest Paid, Excluding Capitalized Interest, Operating Activities 45.5M USD -0.87%
Deferred Tax Assets, Valuation Allowance 12.3M USD
Deferred Tax Assets, Gross 2.21B USD +4.01%
Operating Lease, Liability 132M USD -8.73%
Payments to Acquire Property, Plant, and Equipment 16M USD +35.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 166M USD -54.8%
Lessee, Operating Lease, Liability, to be Paid 161M USD -9.7%
Operating Lease, Liability, Current 22.2M USD -7.5%
Lessee, Operating Lease, Liability, to be Paid, Year Two 25.5M USD +3.24%
Lessee, Operating Lease, Liability, to be Paid, Year One 28M USD -4.11%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -1.1M USD +64.5%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 29.4M USD -13.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 19.8M USD -12.4%
Deferred Tax Assets, Operating Loss Carryforwards 1.59B USD +0.76%
Unrecognized Tax Benefits 3.2M USD +68.4%
Lessee, Operating Lease, Liability, to be Paid, Year Four 17.3M USD -1.71%
Additional Paid in Capital 2.61B USD +1.21%
Amortization of Intangible Assets 130M USD +1.72%
Depreciation, Depletion and Amortization 218M USD +1.02%
Deferred Tax Assets, Net of Valuation Allowance 916M USD +8.23%
Interest Expense 160M USD +8.33%