Gates Net Working Capital from 2010 to 2024

GTES Stock  USD 22.14  0.15  0.68%   
Gates Industrial Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital will likely drop to about 1.5 B in 2024. From the period from 2010 to 2024, Gates Industrial Net Working Capital quarterly data regression had r-value of  0.82 and coefficient of variation of  14.04. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
1.6 B
Current Value
1.5 B
Quarterly Volatility
174.9 M
 
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 Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Gates Industrial over the last few years. It is Gates Industrial's Net Working Capital 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.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Gates Net Working Capital Regression Statistics

Arithmetic Mean1,245,149,238
Geometric Mean1,234,618,047
Coefficient Of Variation14.04
Mean Deviation147,785,651
Median1,128,400,000
Standard Deviation174,855,708
Sample Variance30574.5T
Range493.6M
R-Value0.82
Mean Square Error10786.4T
R-Squared0.67
Significance0.0002
Slope32,061,321
Total Sum of Squares428043.3T

Gates Net Working Capital History

20241.5 B
20231.6 B
20221.5 B
20211.4 B
20201.2 B
20191.3 B
20181.1 B

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Net Working Capital, 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
Net Working Capital1.6 B1.5 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.