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 - Q2 2024 - Jul 31, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 306 % +0.53%
Quick Ratio 86.8 % -0.39%
Debt-to-equity 114 % -6.88%
Return On Equity 7.24 % +8.07%
Return On Assets 3.55 % +12%
Operating Margin 14.3 % +22.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 262M shares -0.94%
Common Stock, Shares, Outstanding 262M shares -0.79%
Entity Public Float 1.7B USD +60.2%
Common Stock, Value, Issued 2.6M USD 0%
Weighted Average Number of Shares Outstanding, Diluted 267M shares -4.68%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.48B USD -2.89%
Cost of Revenue 2.12B USD -7.64%
Operating Income (Loss) 499M USD +19%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 329M USD +18.3%
Income Tax Expense (Benefit) 50.2M USD +69%
Net Income (Loss) Attributable to Parent 252M USD +10.6%
Earnings Per Share, Basic 0.95 USD/shares +17.3%
Earnings Per Share, Diluted 0.93 USD/shares +16.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 580M USD +2.6%
Accounts Receivable, after Allowance for Credit Loss, Current 808M USD -7.69%
Inventory, Net 697M USD +8.09%
Assets, Current 2.38B USD +0.09%
Deferred Income Tax Assets, Net 608M USD -1.67%
Operating Lease, Right-of-Use Asset 128M USD +1.19%
Intangible Assets, Net (Excluding Goodwill) 1.31B USD -8.98%
Goodwill 1.97B USD -2.55%
Other Assets, Noncurrent 20.4M USD -51.9%
Assets 7.03B USD -3.33%
Accrued Liabilities, Current 239M USD +0.25%
Liabilities, Current 763M USD -4.36%
Deferred Income Tax Liabilities, Net 106M USD -39.7%
Operating Lease, Liability, Noncurrent 110M USD -8.98%
Other Liabilities, Noncurrent 87.9M USD -27.8%
Liabilities 3.54B USD -8.89%
Accumulated Other Comprehensive Income (Loss), Net of Tax -949M USD -14.9%
Retained Earnings (Accumulated Deficit) 1.52B USD +15.3%
Stockholders' Equity Attributable to Parent 3.18B USD +3.47%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 3.49B USD +3.05%
Liabilities and Equity 7.03B USD -3.33%

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 583M USD +2.59%
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 129M USD -59.2%
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 1.6M USD -11.1%
Lessee, Operating Lease, Liability, to be Paid, Year Four 17.3M USD -1.71%
Additional Paid in Capital 2.6B USD +1.08%
Amortization of Intangible Assets 130M USD +2.2%
Depreciation, Depletion and Amortization 218M USD +1.54%
Deferred Tax Assets, Net of Valuation Allowance 916M USD +8.23%
Interest Expense 160M USD +8.33%