Gates Industrial Corp (GTES)

Total debt on the balance sheet as of September 2024 : A$3.98 Billion

According to Gates Industrial Corp's latest financial reports the company's total debt is A$3.98 Billion. A company’s total debt is the sum of all current and non-current debts.

Gates Industrial Corp - Total debt on balance sheet (from 2016 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	A$3.76 B	-1%
2022-12-31	A$3.79 B	2.72%
2021-12-31	A$3.69 B	0.75%
2020-12-31	A$3.67 B	-16.42%
2019-12-31	A$4.39 B	2.95%
2018-12-31	A$4.26 B	-15.81%
2017-12-31	A$5.06 B	-4.81%
2016-12-31	A$5.32 B	-0.81%
2015-12-31	A$5.36 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Twin Disc TWIN	A$70.52 M	-98.23%	🇺🇸 USA
Timken Company TKR	A$3.73 B	-6.37%	🇺🇸 USA
Gates Industrial Corp GTES	A$3.98 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	A$1.73 B	-56.56%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Gates Industrial Corp (GTES) - Total debt

Total debt on the balance sheet as of September 2024 : A$3.98 Billion