Gates Industrial Corp (GTES)

Net assets on the balance sheet as of September 2024 : ₹291.76 Billion

According to Gates Industrial Corp's latest financial reports the company has ₹291.76 Billion 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	$₹295.02 B	3.53%
2022-12-31	$₹284.95 B	9.97%
2021-12-31	$₹259.12 B	11.24%
2020-12-31	$₹232.93 B	8.49%
2019-12-31	$₹214.69 B	31.57%
2018-12-31	$₹163.17 B	78.91%
2017-12-31	$₹91.20 B	25.62%
2016-12-31	$₹72.60 B	-8.39%
2015-12-31	$₹79.25 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Twin Disc TWIN	₹13.08 B	-95.52%	🇺🇸 USA
Timken Company TKR	₹248.91 B	-14.69%	🇺🇸 USA
Gates Industrial Corp GTES	₹291.76 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	₹168.95 B	-42.09%	🇺🇸 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 September 2024 : ₹291.76 Billion