Gates Industrial Corp (GTES)

Net assets on the balance sheet as of September 2024 : €3.31 Billion

According to Gates Industrial Corp's latest financial reports the company has €3.31 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	$€3.20 B	-0.14%
2022-12-31	$€3.21 B	4.43%
2021-12-31	$€3.07 B	18.72%
2020-12-31	$€2.58 B	-3.65%
2019-12-31	$€2.68 B	31.75%
2018-12-31	$€2.03 B	71.36%
2017-12-31	$€1.19 B	17.2%
2016-12-31	$€1.01 B	-6.88%
2015-12-31	$€1.09 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Twin Disc TWIN	€0.15 B	-95.43%	🇺🇸 USA
Timken Company TKR	€2.96 B	-10.62%	🇺🇸 USA
Gates Industrial Corp GTES	€3.31 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	€1.91 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 : €3.31 Billion