Gates Industrial Corp (GTES)

Total debt on the balance sheet as of September 2024 : C$3.52 Billion

According to Gates Industrial Corp's latest financial reports the company's total debt is C$3.52 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	C$3.39 B	-3.12%
2022-12-31	C$3.50 B	2.66%
2021-12-31	C$3.41 B	-5.05%
2020-12-31	C$3.59 B	-10.38%
2019-12-31	C$4.01 B	-1.9%
2018-12-31	C$4.09 B	-17.69%
2017-12-31	C$4.97 B	-3.55%
2016-12-31	C$5.15 B	-4.92%
2015-12-31	C$5.42 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Twin Disc TWIN	C$62.4 M	-98.23%	🇺🇸 USA
Timken Company TKR	C$3.30 B	-6.37%	🇺🇸 USA
Gates Industrial Corp GTES	C$3.52 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	C$1.53 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 : C$3.52 Billion