Gates Total Current Assets from 2010 to 2024

GTES Stock  USD 22.16  0.04  0.18%   
Gates Industrial Total Current Assets yearly trend continues to be comparatively stable with very little volatility. Total Current Assets will likely drop to about 2.1 B in 2024. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2015-12-31
Previous Quarter
2.4 B
Current Value
2.4 B
Quarterly Volatility
260.7 M
 
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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Gates Industrial over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Gates Industrial's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Gates Total Current Assets Regression Statistics

Arithmetic Mean1,794,300,222
Geometric Mean1,762,818,868
Coefficient Of Variation19.71
Mean Deviation300,293,541
Median1,814,600,000
Standard Deviation353,642,435
Sample Variance125063T
Range954.1M
R-Value0.93
Mean Square Error17369.3T
R-Squared0.87
Slope73,801,869
Total Sum of Squares1750881.6T

Gates Total Current Assets History

20242.1 B
20232.4 B
20222.3 B
20212.3 B
20201.9 B
2019B
20181.8 B

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Total Current Assets, 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
Total Current Assets2.4 B2.1 B

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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.