Gates Other Operating Expenses from 2010 to 2024

GTES Stock  USD 22.14  0.15  0.68%   
Gates Industrial Other Operating Expenses yearly trend continues to be comparatively stable with very little volatility. Other Operating Expenses will likely drop to about 3.1 B in 2024. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2015-12-31
Previous Quarter
744.2 M
Current Value
714.8 M
Quarterly Volatility
251.9 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 Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of Gates Industrial over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Gates Industrial. It is also known as Gates Industrial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. Gates Industrial's Other Operating Expenses 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.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

Gates Other Operating Expenses Regression Statistics

Arithmetic Mean2,818,706,000
Geometric Mean2,811,200,365
Coefficient Of Variation7.48
Mean Deviation144,443,200
Median2,825,400,000
Standard Deviation210,929,948
Sample Variance44491.4T
Range724.3M
R-Value0.37
Mean Square Error41383.2T
R-Squared0.14
Significance0.18
Slope17,412,964
Total Sum of Squares622880.2T

Gates Other Operating Expenses History

20243.1 B
20233.1 B
20223.2 B
2021B
20202.5 B
20192.7 B
20182.8 B

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Other Operating Expenses, 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
Other Operating Expenses3.1 B3.1 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.