Gates Industrial Corp (GTES)

Total debt on the balance sheet as of September 2024 : £1.99 Billion

According to Gates Industrial Corp's latest financial reports the company's total debt is £1.99 Billion. A company’s total debt is the sum of all current and non-current debts.

Gates Industrial Corp - Total debt on balance sheet (from 2016 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	£2.01 B	-5.88%
2022-12-31	£2.13 B	7.58%
2021-12-31	£1.98 B	-4.08%
2020-12-31	£2.07 B	-11.69%
2019-12-31	£2.34 B	-0.96%
2018-12-31	£2.36 B	-19.12%
2017-12-31	£2.92 B	-5.87%
2016-12-31	£3.10 B	17.88%
2015-12-31	£2.63 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Twin Disc TWIN	£35.25 M	-98.23%	🇺🇸 USA
Timken Company TKR	£1.86 B	-6.37%	🇺🇸 USA
Gates Industrial Corp GTES	£1.99 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	£0.86 B	-56.56%	🇺🇸 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) - Total debt

Total debt on the balance sheet as of September 2024 : £1.99 Billion