Gates Industrial Corporation PLC
NYSE:GTES
Balance Sheet
Balance Sheet Decomposition
Gates Industrial Corporation PLC
Current Assets | 2.3B |
Cash & Short-Term Investments | 522.2m |
Receivables | 841.9m |
Other Current Assets | 923m |
Non-Current Assets | 4.8B |
PP&E | 740.1m |
Intangibles | 3.4B |
Other Non-Current Assets | 659.2m |
Current Liabilities | 747.9m |
Accounts Payable | 451.4m |
Accrued Liabilities | 223.7m |
Other Current Liabilities | 72.8m |
Non-Current Liabilities | 3.1B |
Long-Term Debt | 2.3B |
Other Non-Current Liabilities | 806.3m |
Balance Sheet
Gates Industrial Corporation PLC
Jan-2016 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Jan-2021 | Jan-2022 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Cash & Cash Equivalents |
336
|
527
|
564
|
423
|
635
|
521
|
658
|
578
|
721
|
|
Cash Equivalents |
336
|
527
|
564
|
423
|
635
|
521
|
658
|
578
|
721
|
|
Short-Term Investments |
4
|
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Receivables |
626
|
659
|
728
|
750
|
717
|
724
|
727
|
822
|
799
|
|
Accounts Receivables |
620
|
651
|
714
|
742
|
695
|
695
|
708
|
809
|
768
|
|
Other Receivables |
6
|
9
|
14
|
7
|
22
|
29
|
19
|
13
|
30
|
|
Inventory |
416
|
367
|
457
|
538
|
475
|
508
|
683
|
656
|
647
|
|
Other Current Assets |
66
|
69
|
77
|
104
|
131
|
153
|
211
|
221
|
235
|
|
Total Current Assets |
1 447
|
1 625
|
1 826
|
1 815
|
1 959
|
1 907
|
2 279
|
2 277
|
2 401
|
|
PP&E Net |
661
|
600
|
686
|
756
|
851
|
826
|
795
|
770
|
750
|
|
PP&E Gross |
661
|
600
|
686
|
756
|
0
|
826
|
795
|
770
|
750
|
|
Accumulated Depreciation |
153
|
233
|
323
|
377
|
0
|
560
|
613
|
669
|
757
|
|
Intangible Assets |
2 334
|
2 144
|
2 127
|
1 991
|
1 876
|
1 789
|
1 642
|
1 490
|
1 386
|
|
Goodwill |
2 006
|
1 912
|
2 086
|
2 046
|
2 061
|
2 120
|
2 063
|
1 981
|
2 039
|
|
Note Receivable |
38
|
32
|
33
|
28
|
23
|
27
|
16
|
15
|
19
|
|
Long-Term Investments |
4
|
6
|
1
|
2
|
0
|
0
|
0
|
0
|
0
|
|
Other Long-Term Assets |
75
|
64
|
96
|
86
|
642
|
759
|
739
|
658
|
660
|
|
Other Assets |
2 006
|
1 912
|
2 086
|
2 046
|
2 061
|
2 120
|
2 063
|
1 981
|
2 039
|
|
Total Assets |
6 566
N/A
|
6 383
-3%
|
6 854
+7%
|
6 723
-2%
|
7 411
+10%
|
7 426
+0%
|
7 533
+1%
|
7 192
-5%
|
7 255
+1%
|
|
Liabilities | ||||||||||
Accounts Payable |
274
|
313
|
392
|
424
|
375
|
417
|
507
|
470
|
458
|
|
Accrued Liabilities |
174
|
187
|
201
|
184
|
179
|
251
|
181
|
109
|
140
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
88
|
47
|
66
|
52
|
46
|
44
|
39
|
37
|
37
|
|
Other Current Liabilities |
28
|
32
|
38
|
20
|
58
|
14
|
129
|
136
|
145
|
|
Total Current Liabilities |
565
|
580
|
698
|
679
|
658
|
726
|
856
|
752
|
779
|
|
Long-Term Debt |
3 821
|
3 791
|
3 889
|
2 953
|
2 914
|
2 668
|
2 529
|
2 428
|
2 416
|
|
Deferred Income Tax |
715
|
652
|
517
|
440
|
369
|
360
|
284
|
192
|
119
|
|
Minority Interest |
406
|
377
|
414
|
386
|
360
|
379
|
382
|
334
|
324
|
|
Other Liabilities |
272
|
292
|
321
|
317
|
460
|
486
|
383
|
376
|
396
|
|
Total Liabilities |
5 779
N/A
|
5 692
-2%
|
5 839
+3%
|
4 775
-18%
|
4 760
0%
|
4 621
-3%
|
4 433
-4%
|
4 082
-8%
|
4 034
-1%
|
|
Equity | ||||||||||
Common Stock |
0
|
0
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
|
Retained Earnings |
72
|
14
|
137
|
382
|
1 072
|
1 151
|
1 438
|
1 483
|
1 462
|
|
Additional Paid In Capital |
1 620
|
1 625
|
1 623
|
2 417
|
2 435
|
2 457
|
2 484
|
2 542
|
2 584
|
|
Unrealized Security Profit/Loss |
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Treasury Stock |
2
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Equity |
760
|
916
|
747
|
854
|
858
|
805
|
825
|
918
|
829
|
|
Total Equity |
786
N/A
|
691
-12%
|
1 015
+47%
|
1 947
+92%
|
2 651
+36%
|
2 806
+6%
|
3 100
+10%
|
3 110
+0%
|
3 220
+4%
|
|
Total Liabilities & Equity |
6 566
N/A
|
6 383
-3%
|
6 854
+7%
|
6 723
-2%
|
7 411
+10%
|
7 426
+0%
|
7 533
+1%
|
7 192
-5%
|
7 255
+1%
|
|
Shares Outstanding | ||||||||||
Common Shares Outstanding |
284
|
284
|
246
|
290
|
290
|
291
|
291
|
283
|
264
|