Gates Industrial Corp (GTES)

Net assets on the balance sheet as of June 2024 : C$4.73 B

According to Gates Industrial Corp's latest financial reports the company has C$4.73 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gates Industrial Corp - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$4.70 B	0.59%
2022-12-31	$C$4.67 B	6.06%
2021-12-31	$C$4.40 B	8.48%
2020-12-31	$C$4.06 B	4.06%
2019-12-31	$C$3.90 B	22.6%
2018-12-31	$C$3.18 B	77.27%
2017-12-31	$C$1.79 B	25.08%
2016-12-31	$C$1.43 B	-13.31%
2015-12-31	$C$1.65 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Twin Disc TWIN	C$0.21 B	-95.56%	🇺🇸 USA
Timken Company TKR	C$4.00 B	-15.57%	🇺🇸 USA
Gates Industrial Corp GTES	C$4.73 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	C$2.71 B	-42.70%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Gates Industrial Corp (GTES) - Net assets

Net assets on the balance sheet as of June 2024 : C$4.73 B