Gates Industrial Corp (GTES)

Net assets on the balance sheet as of June 2024 : £2.66 B

According to Gates Industrial Corp's latest financial reports the company has £2.66 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	$£2.78 B	-2.27%
2022-12-31	$£2.84 B	10.65%
2021-12-31	$£2.57 B	10.26%
2020-12-31	$£2.33 B	2.84%
2019-12-31	$£2.26 B	24.04%
2018-12-31	$£1.82 B	73.05%
2017-12-31	$£1.05 B	22.06%
2016-12-31	$£0.86 B	7.7%
2015-12-31	$£0.80 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Twin Disc TWIN	£0.11 B	-95.56%	🇺🇸 USA
Timken Company TKR	£2.24 B	-15.57%	🇺🇸 USA
Gates Industrial Corp GTES	£2.66 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	£1.52 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 : £2.66 B