Gates Industrial Corporation Stock

Gates Industrial Corporation Equity 2024

Gates Industrial Corporation Equity

3.22 B USD

Ticker

GTES

ISIN

GB00BD9G2S12

WKN

A2JCGV

In 2024, Gates Industrial Corporation's equity was 3.22 B USD, a 3.54% increase from the 3.11 B USD equity in the previous year.

Gates Industrial Corporation Aktienanalyse

What does Gates Industrial Corporation do?

The Gates Industrial Corporation PLC is a multinational company with its headquarters in Denver, Colorado. The company was founded in 1911 by Charles Gates Sr. as the Gates Rubber Company, specializing in the production of tires and hoses for automobiles. Over time, the company expanded its offerings to include belts and hoses for industrial applications. In the 1990s, the company shifted its focus to drive belts and systems, fluid power products, and other industrial products. In 2018, the Gates Corporation was transformed into the Gates Industrial Corporation in order to better represent its diverse divisions. Today, the Gates Industrial Corporation PLC is a leading provider of drive belts, accessories, and systems for the automotive, industry, climate, and energy sectors. Drive belts are the company's core business, used to power and control machinery, equipment, and vehicles. The range of belts includes V-belts, timing belts, and multi-rib belts, available in various sizes and materials. Tensioners and idlers are also offered to ensure optimal performance. In addition, the company offers other products such as hydraulic and pneumatic hoses, fluid control components, seals, couplings, and other industrial products. These are used in various industries, including aerospace, energy, construction, transportation, agriculture, and food. A key aspect of Gates Industrial Corporation's business model is its close collaboration with customers. The company strives to provide tailored solutions to meet their individual requirements, taking into account the overall demand for drive and fluid power products to optimize the machine lifecycle and meet user needs. Sustainability is another important aspect of the company. Gates Industrial Corporation aims to use sustainability as a driver for innovation and growth. The company works towards promoting environmentally friendly production and reducing material and energy consumption. The products are designed to be cost-effective, energy-efficient, and durable, in order to reduce environmental impact. Overall, the Gates Industrial Corporation PLC is an established company with a long history and a wide-ranging offering. While drive belts are the core of its operations, the company's innovation in modern solutions for the energy industry demonstrates its preparedness for the future. Gates Industrial Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Gates Industrial Corporation's Equity

Gates Industrial Corporation's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Gates Industrial Corporation's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Gates Industrial Corporation's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Gates Industrial Corporation's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Gates Industrial Corporation’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Gates Industrial Corporation stock

What is the equity of Gates Industrial Corporation this year?

Gates Industrial Corporation has equity of 3.22 B USD this year.

What was the equity of Gates Industrial Corporation compared to the previous year?

The equity of Gates Industrial Corporation has increased/decreased by 3.54% increased compared to the previous year.

What impact does a high equity have on investors of Gates Industrial Corporation?

A high equity is advantageous for investors of Gates Industrial Corporation as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Gates Industrial Corporation?

A low equity can be a risk for investors of Gates Industrial Corporation, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Gates Industrial Corporation affect the company?

An increase in equity of Gates Industrial Corporation can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Gates Industrial Corporation affect the company?

A reduction in equity of Gates Industrial Corporation can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Gates Industrial Corporation?

Some factors that can affect the equity of Gates Industrial Corporation include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Gates Industrial Corporation so important for investors?

The equity of Gates Industrial Corporation is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Gates Industrial Corporation take to change the equity?

To change equity, Gates Industrial Corporation can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Gates Industrial Corporation pay?

Over the past 12 months, Gates Industrial Corporation paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Gates Industrial Corporation is expected to pay a dividend of 0 USD.

What is the dividend yield of Gates Industrial Corporation?

The current dividend yield of Gates Industrial Corporation is .

When does Gates Industrial Corporation pay dividends?

Gates Industrial Corporation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Gates Industrial Corporation?

Gates Industrial Corporation paid dividends every year for the past 0 years.

What is the dividend of Gates Industrial Corporation?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Gates Industrial Corporation located?

Gates Industrial Corporation is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Gates Industrial Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gates Industrial Corporation from 9/10/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/10/2024.

When did Gates Industrial Corporation pay the last dividend?

The last dividend was paid out on 9/10/2024.

What was the dividend of Gates Industrial Corporation in the year 2023?

In the year 2023, Gates Industrial Corporation distributed 0 USD as dividends.

In which currency does Gates Industrial Corporation pay out the dividend?

The dividends of Gates Industrial Corporation are distributed in USD.

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Andere Kennzahlen von Gates Industrial Corporation

Our stock analysis for Gates Industrial Corporation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gates Industrial Corporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.