Gates Industrial Corp (GTES)

Net assets on the balance sheet as of September 2024 : C$4.87 Billion

According to Gates Industrial Corp's latest financial reports the company has C$4.87 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gates Industrial Corp - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$4.70 B	0.59%
2022-12-31	$C$4.67 B	5.32%
2021-12-31	$C$4.43 B	9.25%
2020-12-31	$C$4.06 B	3.28%
2019-12-31	$C$3.93 B	23.69%
2018-12-31	$C$3.17 B	77.02%
2017-12-31	$C$1.79 B	25.08%
2016-12-31	$C$1.43 B	-13.21%
2015-12-31	$C$1.65 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Twin Disc TWIN	C$0.22 B	-95.43%	🇺🇸 USA
Timken Company TKR	C$4.35 B	-10.62%	🇺🇸 USA
Gates Industrial Corp GTES	C$4.87 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	C$2.82 B	-42.09%	🇺🇸 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) - Net assets

Net assets on the balance sheet as of September 2024 : C$4.87 Billion