Gates Industrial Corp (GTES)

Total debt on the balance sheet as of December 2024 : HK$19.26 Billion

According to Gates Industrial Corp's latest financial reports the company's total debt is HK$19.26 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	HK$20.01 B	-0.92%
2022-12-31	HK$20.19 B	-3.39%
2021-12-31	HK$20.90 B	-4.45%
2020-12-31	HK$21.87 B	-8.63%
2019-12-31	HK$23.94 B	1.76%
2018-12-31	HK$23.53 B	-23.86%
2017-12-31	HK$30.90 B	3.87%
2016-12-31	HK$29.75 B	-1.8%
2015-12-31	HK$30.29 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Twin Disc TWIN	HK$0.32 B	-98.33%	🇺🇸 USA
Timken Company TKR	HK$18.22 B	-5.40%	🇺🇸 USA
Gates Industrial Corp GTES	HK$19.26 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	HK$8.45 B	-56.11%	🇺🇸 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 December 2024 : HK$19.26 Billion