Gates Industrial Corp (GTES)

Total debt on the balance sheet as of September 2024 : NZ$4.27 Billion

According to Gates Industrial Corp's latest financial reports the company's total debt is NZ$4.27 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	NZ$4.05 B	-0.49%
2022-12-31	NZ$4.07 B	3.73%
2021-12-31	NZ$3.92 B	0.35%
2020-12-31	NZ$3.91 B	-14.32%
2019-12-31	NZ$4.56 B	1.91%
2018-12-31	NZ$4.47 B	-19.57%
2017-12-31	NZ$5.56 B	0.55%
2016-12-31	NZ$5.53 B	-3.02%
2015-12-31	NZ$5.71 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Twin Disc TWIN	NZ$75.63 M	-98.23%	🇺🇸 USA
Timken Company TKR	NZ$4.00 B	-6.37%	🇺🇸 USA
Gates Industrial Corp GTES	NZ$4.27 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	NZ$1.85 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 : NZ$4.27 Billion