Gates Industrial Balance Sheet
NYSE: GTESIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Gates Industrial financial position
At the end of fiscal 2025, Gates Industrial reported total assets of $7.15 billion, up 5.4% from a year earlier against total liabilities of $3.46 billion. Shareholders' equity stood at $3.33 billion, or 46.6% of assets. The company held $812.1 million in cash and equivalents against $2.23 billion of debt, a net debt position of $1.42 billion.
The current ratio (current assets divided by current liabilities) was 3.37, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.67.
Summary generated from market data by MetaCap's automated system. Methodology
Gates Industrial balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-28 | FY 20232023-12-30 | FY 20222022-12-31 | FY 20212022-01-01 | FY 20202021-01-02 | FY 20192019-12-28 | FY 20182018-12-29 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 812.10M | 682.00M | 720.60M | 578.40M | 658.20M | 521.40M | 635.30M | 423.40M |
| Receivables | 744.20M | 722.70M | 768.20M | 808.60M | 708.10M | 695.00M | 694.70M | 742.30M |
| Inventory | 700.00M | 676.00M | 647.20M | 656.20M | 682.60M | 508.20M | 475.10M | 537.60M |
| Total Current Assets | 2.48B | 2.31B | 2.40B | 2.28B | 2.28B | 1.91B | 1.96B | 1.81B |
| Property, Plant & Equipment | 609.00M | 579.50M | 630.00M | 637.50M | 670.30M | 705.00M | 727.90M | 756.30M |
| Goodwill | 2.04B | 1.91B | 2.04B | 1.98B | 2.06B | 2.12B | 2.06B | 2.05B |
| Intangible Assets | 1.19B | 1.25B | 1.39B | 1.49B | 1.64B | 1.79B | 1.88B | 1.99B |
| Total Assets | 7.15B | 6.79B | 7.25B | 7.19B | 7.53B | 7.43B | 7.41B | 6.72B |
| Accounts Payable | 433.70M | 408.20M | 457.70M | 469.60M | 506.60M | 417.40M | 374.70M | 424.00M |
| Short-Term Debt | 36.20M | 39.10M | 36.50M | 36.60M | 38.10M | 42.70M | 46.10M | 51.60M |
| Total Current Liabilities | 735.40M | 721.50M | 779.30M | 752.30M | 855.90M | 726.30M | 658.10M | 679.00M |
| Long-Term Debt | 2.20B | 2.31B | 2.42B | 2.43B | 2.53B | 2.67B | 2.91B | 2.95B |
| Total Liabilities | 3.46B | 3.45B | 3.71B | 3.75B | 4.05B | 4.24B | 4.40B | 4.39B |
| Shareholders' Equity | 3.33B | 3.02B | 3.22B | 3.11B | 3.10B | 2.81B | 2.65B | 1.95B |
| Retained Earnings | 1.65B | 1.48B | 1.46B | 1.48B | 1.44B | 1.15B | 1.07B | 381.90M |
| Total Debt | 2.23B | 2.35B | 2.45B | 2.46B | 2.56B | 2.71B | 2.96B | 3.00B |
| Net Cash (Debt) | -1.42B | -1.67B | -1.73B | -1.88B | -1.91B | -2.19B | -2.32B | -2.58B |
| Shares Outstanding | 253.54M | 255.20M | 264.26M | 282.58M | 291.28M | 290.85M | 290.16M | 289.85M |
This table shows 8 annual periods of Gates Industrial's balance sheet, from FY 2025 back to FY 2018, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow GTES's reporting calendar. What is a balance sheet?