Gates Depreciation And Amortization from 2010 to 2024

GTES Stock  USD 22.12  0.09  0.41%   
Gates Industrial Depreciation And Amortization yearly trend continues to be comparatively stable with very little volatility. Depreciation And Amortization will likely drop to about 187.5 M in 2024. Depreciation And Amortization is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. View All Fundamentals
 
Depreciation And Amortization  
First Reported
2016-12-31
Previous Quarter
54.5 M
Current Value
53.7 M
Quarterly Volatility
1.6 M
 
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.
  
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Latest Gates Industrial's Depreciation And Amortization Growth Pattern

Below is the plot of the Depreciation And Amortization of Gates Industrial over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Gates Industrial's Depreciation And Amortization 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.
Depreciation And Amortization10 Years Trend
Slightly volatile
   Depreciation And Amortization   
       Timeline  

Gates Depreciation And Amortization Regression Statistics

Arithmetic Mean234,991,467
Geometric Mean234,108,484
Coefficient Of Variation8.78
Mean Deviation17,076,907
Median241,300,000
Standard Deviation20,635,977
Sample Variance425.8T
Range82.4M
R-Value(0.80)
Mean Square Error167.8T
R-Squared0.63
Significance0.0004
Slope(3,674,271)
Total Sum of Squares5961.8T

Gates Depreciation And Amortization History

2024187.5 M
2023217.5 M
2022217.2 M
2021222.6 M
2020218.6 M
2019241.3 M
2018218.5 M

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Depreciation And Amortization, 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
Depreciation And Amortization217.5 M187.5 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.