Gates Free Cash Flow Per Share vs Free Cash Flow Yield Analysis

GTES Stock

USD 20.67 0.35 1.67%

Gates Industrial financial indicator trend analysis is much more than just examining Gates Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gates Industrial is a good investment. Please check the relationship between Gates Industrial Free Cash Flow Per Share and its Free Cash Flow Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Free Cash Flow Per Share vs Free Cash Flow Yield

Free Cash Flow Per Share vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gates Industrial Free Cash Flow Per Share account and Free Cash Flow Yield. At this time, the significance of the direction appears to have totally related.

The correlation between Gates Industrial's Free Cash Flow Per Share and Free Cash Flow Yield is 1.0. Overlapping area represents the amount of variation of Free Cash Flow Per Share that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Gates Industrial, assuming nothing else is changed. The correlation between historical values of Gates Industrial's Free Cash Flow Per Share and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Per Share of Gates Industrial are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Free Cash Flow Per Share i.e., Gates Industrial's Free Cash Flow Per Share and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Gates Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gates Industrial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.At this time, Gates Industrial's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 890.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 17.4 M in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	133.5M	139.4M	163.2M	135.9M
Depreciation And Amortization	222.6M	217.2M	217.5M	187.5M

Interest Expense Depreciation And Amortization

Gates Industrial fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Short Term Investments	Long Term Debt Total	Non Current Liabilities Total	Capital Surpluse	Inventory
Common Stock Shares Outstanding		-0.57	0.55	-0.15	-0.52	-0.42	0.52	-0.55	-0.43	0.1	0.54	-0.41	-0.53	-0.58	-0.25	0.53	-0.35	0.53	-0.58	-0.65	-0.6	-0.25	0.51	0.55	-0.45	-0.41
Total Assets	-0.57		-0.88	0.48	0.87	0.88	-0.81	0.92	0.93	-0.18	-0.88	0.88	0.83	0.8	0.62	-0.91	0.88	-0.89	0.79	0.78	0.75	0.74	-0.87	-0.87	0.81	0.78
Short Long Term Debt Total	0.55	-0.88		-0.2	-0.89	-0.96	0.94	-0.99	-0.86	0.08	0.99	-0.94	-0.91	-0.78	-0.28	0.88	-0.87	1.0	-0.78	-0.91	-0.52	-0.88	0.99	1.0	-0.96	-0.91
Other Current Liab	-0.15	0.48	-0.2		0.35	0.34	-0.33	0.34	0.25	-0.62	-0.27	0.45	0.23	0.5	0.33	-0.53	0.57	-0.23	0.5	0.18	0.18	0.07	-0.24	-0.23	0.18	0.24
Total Current Liabilities	-0.52	0.87	-0.89	0.35		0.89	-0.91	0.91	0.76	-0.3	-0.91	0.9	0.98	0.86	0.23	-0.77	0.83	-0.89	0.86	0.87	0.56	0.76	-0.88	-0.9	0.84	0.93
Total Stockholder Equity	-0.42	0.88	-0.96	0.34	0.89		-0.95	0.98	0.88	-0.1	-0.98	0.99	0.91	0.82	0.27	-0.89	0.95	-0.97	0.82	0.87	0.44	0.93	-0.97	-0.97	0.97	0.91
Other Liab	0.52	-0.81	0.94	-0.33	-0.91	-0.95		-0.96	-0.75	0.16	0.96	-0.95	-0.93	-0.87	-0.07	0.82	-0.86	0.94	-0.87	-0.95	-0.39	-0.81	0.95	0.96	-0.94	-0.94
Net Tangible Assets	-0.55	0.92	-0.99	0.34	0.91	0.98	-0.96		0.87	-0.14	-0.99	0.97	0.92	0.84	0.31	-0.92	0.92	-0.99	0.84	0.91	0.53	0.86	-0.99	-0.99	0.95	0.91
Property Plant And Equipment Net	-0.43	0.93	-0.86	0.25	0.76	0.88	-0.75	0.87		0.12	-0.85	0.84	0.77	0.67	0.62	-0.82	0.84	-0.87	0.67	0.74	0.69	0.87	-0.84	-0.84	0.84	0.71
Current Deferred Revenue	0.1	-0.18	0.08	-0.62	-0.3	-0.1	0.16	-0.14	0.12		0.09	-0.19	-0.18	-0.14	-0.03	0.18	-0.22	0.09	-0.14	-0.1	-0.1	0.17	0.1	0.11	0.04	-0.25
Net Debt	0.54	-0.88	0.99	-0.27	-0.91	-0.98	0.96	-0.99	-0.85	0.09		-0.96	-0.93	-0.85	-0.23	0.89	-0.9	0.99	-0.85	-0.92	-0.48	-0.89	0.99	0.99	-0.97	-0.91
Retained Earnings	-0.41	0.88	-0.94	0.45	0.9	0.99	-0.95	0.97	0.84	-0.19	-0.96		0.9	0.85	0.24	-0.9	0.97	-0.95	0.85	0.85	0.39	0.89	-0.96	-0.95	0.94	0.9
Accounts Payable	-0.53	0.83	-0.91	0.23	0.98	0.91	-0.93	0.92	0.77	-0.18	-0.93	0.9		0.86	0.14	-0.73	0.81	-0.9	0.86	0.92	0.49	0.83	-0.9	-0.92	0.88	0.93
Cash	-0.58	0.8	-0.78	0.5	0.86	0.82	-0.87	0.84	0.67	-0.14	-0.85	0.85	0.86		0.12	-0.8	0.82	-0.78	1.0	0.82	0.39	0.66	-0.79	-0.81	0.79	0.74
Non Current Assets Total	-0.25	0.62	-0.28	0.33	0.23	0.27	-0.07	0.31	0.62	-0.03	-0.23	0.24	0.14	0.12		-0.48	0.38	-0.3	0.12	0.08	0.77	0.22	-0.25	-0.24	0.18	0.09
Non Currrent Assets Other	0.53	-0.91	0.88	-0.53	-0.77	-0.89	0.82	-0.92	-0.82	0.18	0.89	-0.9	-0.73	-0.8	-0.48		-0.93	0.9	-0.8	-0.73	-0.53	-0.73	0.9	0.88	-0.85	-0.73
Other Assets	-0.35	0.88	-0.87	0.57	0.83	0.95	-0.86	0.92	0.84	-0.22	-0.9	0.97	0.81	0.82	0.38	-0.93		-0.89	0.82	0.73	0.41	0.84	-0.9	-0.87	0.88	0.79
Long Term Debt	0.53	-0.89	1.0	-0.23	-0.89	-0.97	0.94	-0.99	-0.87	0.09	0.99	-0.95	-0.9	-0.78	-0.3	0.9	-0.89		-0.78	-0.9	-0.52	-0.89	1.0	1.0	-0.97	-0.91
Cash And Short Term Investments	-0.58	0.79	-0.78	0.5	0.86	0.82	-0.87	0.84	0.67	-0.14	-0.85	0.85	0.86	1.0	0.12	-0.8	0.82	-0.78		0.82	0.39	0.66	-0.79	-0.8	0.79	0.74
Net Receivables	-0.65	0.78	-0.91	0.18	0.87	0.87	-0.95	0.91	0.74	-0.1	-0.92	0.85	0.92	0.82	0.08	-0.73	0.73	-0.9	0.82		0.49	0.76	-0.9	-0.93	0.88	0.86
Good Will	-0.6	0.75	-0.52	0.18	0.56	0.44	-0.39	0.53	0.69	-0.1	-0.48	0.39	0.49	0.39	0.77	-0.53	0.41	-0.52	0.39	0.49		0.32	-0.48	-0.51	0.42	0.41
Short Term Investments	-0.25	0.74	-0.88	0.07	0.76	0.93	-0.81	0.86	0.87	0.17	-0.89	0.89	0.83	0.66	0.22	-0.73	0.84	-0.89	0.66	0.76	0.32		-0.88	-0.87	0.92	0.79
Long Term Debt Total	0.51	-0.87	0.99	-0.24	-0.88	-0.97	0.95	-0.99	-0.84	0.1	0.99	-0.96	-0.9	-0.79	-0.25	0.9	-0.9	1.0	-0.79	-0.9	-0.48	-0.88		1.0	-0.98	-0.91
Non Current Liabilities Total	0.55	-0.87	1.0	-0.23	-0.9	-0.97	0.96	-0.99	-0.84	0.11	0.99	-0.95	-0.92	-0.81	-0.24	0.88	-0.87	1.0	-0.8	-0.93	-0.51	-0.87	1.0		-0.97	-0.93
Capital Surpluse	-0.45	0.81	-0.96	0.18	0.84	0.97	-0.94	0.95	0.84	0.04	-0.97	0.94	0.88	0.79	0.18	-0.85	0.88	-0.97	0.79	0.88	0.42	0.92	-0.98	-0.97		0.88
Inventory	-0.41	0.78	-0.91	0.24	0.93	0.91	-0.94	0.91	0.71	-0.25	-0.91	0.9	0.93	0.74	0.09	-0.73	0.79	-0.91	0.74	0.86	0.41	0.79	-0.91	-0.93	0.88

Click cells to compare fundamentals

Gates Industrial Account Relationship Matchups

Gates Industrial fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	291.6M	292.1M	297.3M	287.6M	275.6M	232.2M
Total Assets	7.4B	7.4B	7.5B	7.2B	7.3B	7.7B
Short Long Term Debt Total	3.1B	2.8B	2.7B	2.6B	2.6B	2.5B
Other Current Liab	237.3M	252.2M	240.9M	222.6M	248.5M	150.8M
Total Current Liabilities	658.1M	726.3M	855.9M	752.3M	779.3M	769.2M
Total Stockholder Equity	2.7B	2.8B	3.1B	3.1B	3.2B	2.4B
Other Liab	682M	735.4M	552.8M	425.3M	382.8M	590.5M
Net Tangible Assets	(1.3B)	(1.1B)	(605.5M)	(361.5M)	(415.7M)	(436.5M)
Property Plant And Equipment Net	850.9M	825.9M	794.5M	769.7M	750.1M	818.1M
Net Debt	2.4B	2.3B	2.0B	2.0B	1.8B	2.1B
Retained Earnings	1.1B	1.2B	1.4B	1.5B	1.5B	860.3M
Accounts Payable	374.7M	417.4M	506.6M	469.6M	457.7M	443.6M
Cash	635.3M	521.4M	658.2M	578.4M	720.6M	606.8M
Non Current Assets Total	5.5B	5.5B	5.3B	4.9B	4.9B	5.6B
Non Currrent Assets Other	17.1M	16.6M	24.1M	40M	1.8M	1.7M
Other Assets	665.3M	785M	754.6M	640.3M	736.3M	449.0M
Long Term Debt	2.9B	2.7B	2.5B	2.4B	2.4B	2.4B
Cash And Short Term Investments	635.3M	521.4M	658.2M	578.4M	720.6M	607.5M
Net Receivables	716.8M	723.6M	727.2M	821.6M	798.6M	798.9M
Good Will	2.1B	2.1B	2.1B	2.0B	2.0B	2.2B
Long Term Debt Total	2.9B	2.7B	2.5B	2.4B	2.2B	2.5B
Liabilities And Stockholders Equity	7.4B	7.4B	7.5B	7.2B	7.3B	7.7B
Non Current Liabilities Total	3.7B	3.5B	3.2B	3.0B	2.9B	3.1B
Capital Surpluse	2.4B	2.5B	2.5B	2.5B	2.9B	2.4B
Inventory	475.1M	508.2M	682.6M	656.2M	647.2M	580.1M
Other Stockholder Equity	2.4B	2.5B	2.5B	2.5B	2.6B	2.4B
Total Liab	4.4B	4.2B	4.1B	3.7B	3.7B	3.6B
Long Term Investments	23M	26.5M	15.7M	15.1M	17.4M	12.4M
Property Plant And Equipment Gross	850.9M	825.9M	794.5M	769.7M	1.5B	910.6M
Short Long Term Debt	46.1M	42.7M	38.1M	36.6M	36.5M	40.3M
Total Current Assets	2.0B	1.9B	2.3B	2.3B	2.4B	2.1B
Accumulated Other Comprehensive Income	(858.4M)	(805.4M)	(825.2M)	(917.8M)	(828.5M)	(869.9M)
Short Term Debt	46.1M	42.7M	74.3M	36.6M	36.5M	43.5M
Intangible Assets	1.9B	1.8B	1.6B	1.5B	1.4B	1.5B
Property Plant Equipment	850.9M	825.9M	794.5M	769.7M	885.2M	817.3M
Non Current Liabilities Other	84.7M	488.6M	59.2M	377.3M	123.1M	178.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC