Gates Income Quality from 2010 to 2024

GTES Stock  USD 22.14  0.08  0.36%   
Gates Industrial Income Quality yearly trend continues to be comparatively stable with very little volatility. Income Quality is likely to outpace its year average in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
1.26
Current Value
2.15
Quarterly Volatility
1.50423573
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gates Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gates Industrial's main balance sheet or income statement drivers, such as Tax Provision of 20.3 M, Depreciation And Amortization of 187.5 M or Interest Expense of 135.9 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 1.14. Gates financial statements analysis is a perfect complement when working with Gates Industrial Valuation or Volatility modules.
  
Check out the analysis of Gates Industrial Correlation against competitors.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Latest Gates Industrial's Income Quality Growth Pattern

Below is the plot of the Income Quality of Gates Industrial over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Gates Industrial's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gates Industrial's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Gates Income Quality Regression Statistics

Arithmetic Mean1.67
Coefficient Of Variation90.26
Mean Deviation1.06
Median1.15
Standard Deviation1.50
Sample Variance2.26
Range6.0836
R-Value(0.02)
Mean Square Error2.44
R-Squared0.0006
Significance0.93
Slope(0.01)
Total Sum of Squares31.68

Gates Income Quality History

2024 2.15
2023 1.26
2022 1.1
2016 4.41
2015 5.42
2014 -0.66
2013 2.64

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Income Quality, to determine how well the company is positioned to perform in the future. Although Gates Industrial investors may analyze each financial statement separately, they are all interrelated. The changes in Gates Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Gates Industrial's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Quality 1.26  2.15 

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Additional Tools for Gates Stock Analysis

When running Gates Industrial's price analysis, check to measure Gates Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gates Industrial is operating at the current time. Most of Gates Industrial's value examination focuses on studying past and present price action to predict the probability of Gates Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gates Industrial's price. Additionally, you may evaluate how the addition of Gates Industrial to your portfolios can decrease your overall portfolio volatility.