Gates Total Current Liabilities from 2010 to 2024

GTES Stock  USD 22.16  0.04  0.18%   
Gates Industrial Total Current Liabilities yearly trend continues to be comparatively stable with very little volatility. Total Current Liabilities will likely drop to about 769.2 M in 2024. Total Current Liabilities is the total amount of liabilities that Gates Industrial is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2015-12-31
Previous Quarter
763.4 M
Current Value
795.6 M
Quarterly Volatility
79.8 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.
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Latest Gates Industrial's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Gates Industrial over the last few years. Total Current Liabilities is an item on Gates Industrial balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gates Industrial are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Gates Industrial's Total Current Liabilities 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 Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Gates Total Current Liabilities Regression Statistics

Arithmetic Mean659,239,556
Geometric Mean652,412,020
Coefficient Of Variation15.15
Mean Deviation86,015,526
Median658,100,000
Standard Deviation99,869,461
Sample Variance9973.9T
Range290.7M
R-Value0.89
Mean Square Error2188.9T
R-Squared0.80
Slope19,926,619
Total Sum of Squares139634.7T

Gates Total Current Liabilities History

2024769.2 M
2023779.3 M
2022752.3 M
2021855.9 M
2020726.3 M
2019658.1 M
2018679 M

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Total Current Liabilities, 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 Liabilities779.3 M769.2 M

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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.