Gates Industrial Corporation Ltd. (GTES) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GTES SEC filings page.
Gates Industrial Corporation Ltd. (GTES) reported $3.5B in revenue over the twelve months to Jun 27, 2026, up 3.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Flat sales still convert into cash while Gates steadily reduces debt and strengthens its financial flexibility.
FY2025 operating cash flow of$478.1M materially exceeded net income of$251.4M , indicating cash conversion was stronger than accounting earnings alone suggest. Free cash flow reached$404.9M after only$73.2M of capital spending, leaving a large portion of internally generated cash available for debt reduction or shareholder distributions.
Revenue was essentially flat between FY2023 and FY2025, yet gross margin held near
Long-term debt declined from
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Gates Industrial Corporation Ltd.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Gates Industrial Corporation Ltd. has an operating margin of 13.5%, meaning the company retains $14 of operating profit per $100 of revenue. This strong profitability earns a score of 81/100, reflecting efficient cost management and pricing power. This is down from 13.9% the prior year.
Gates Industrial Corporation Ltd.'s revenue grew a modest 1.0% year-over-year to $3.4B. This slow but positive growth earns a score of 25/100.
Gates Industrial Corporation Ltd. has a moderate D/E ratio of 0.66. This balance of debt and equity financing earns a leverage score of 31/100.
With a current ratio of 3.37, Gates Industrial Corporation Ltd. holds $3.37 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 83/100.
Gates Industrial Corporation Ltd. converts 11.8% of revenue into free cash flow ($404.9M). This strong cash generation earns a score of 68/100.
Gates Industrial Corporation Ltd. earns a strong 7.5% return on equity (ROE), meaning it generates $8 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 68/100. This is up from 6.5% the prior year.
Gates Industrial Corporation Ltd. scores 2.53, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Gates Industrial Corporation Ltd. passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Gates Industrial Corporation Ltd. generates $1.90 in operating cash flow ($478.1M OCF vs $251.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Gates Industrial Corporation Ltd. earns $3.70 in operating income for every $1 of interest expense ($465.3M vs $125.9M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Earnings & Revenue
Gates Industrial Corporation Ltd. generated $941.6M in revenue in Q2 2026. This represents an increase of 6.6% from the same quarter a year earlier. Against the prior quarter it is up 10.6%.
Gates Industrial Corporation Ltd.'s EBITDA was $188.7M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 11.6% from the same quarter a year earlier. Against the prior quarter it is up 13.9%.
Gates Industrial Corporation Ltd. reported $170.9M in net income in Q2 2026. This represents an increase of 202.5% from the same quarter a year earlier. Against the prior quarter it is up 186.3%.
Gates Industrial Corporation Ltd. earned $0.67 per diluted share (EPS) in Q2 2026. This represents an increase of 204.5% from the same quarter a year earlier. Against the prior quarter it is up 191.3%.
Cash & Balance Sheet
Gates Industrial Corporation Ltd. generated $60.3M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 27.9% from the same quarter a year earlier. Against the prior quarter it is up 346.7%.
Gates Industrial Corporation Ltd. held $823.5M in cash against $2.2B in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
Gates Industrial Corporation Ltd.'s gross margin was 41.0% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.
Gates Industrial Corporation Ltd.'s operating margin was 14.0% in Q2 2026, reflecting core business profitability. This is up 0.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Gates Industrial Corporation Ltd.'s net profit margin was 18.1% in Q2 2026, showing the share of revenue converted to profit. This is up 11.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.1 percentage points.
Gates Industrial Corporation Ltd.'s ROE was 4.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 3.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.1 percentage points.
Capital Allocation
Gates Industrial Corporation Ltd. spent $22.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is up 33.1%.
Gates Industrial Corporation Ltd. invested $18.3M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 5.7% from the same quarter a year earlier. Against the prior quarter it is up 9.6%.
Not reported for Q2 2026.
GTES Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $941.6M+6.6% | $851.1M+0.4% | $856.2M+3.2% | $855.7M+3.0% | $883.7M-0.2% | $847.6M-1.7% | $829.4M-3.9% | $830.7M-4.8% |
| Cost of Revenue | $555.5M+6.1% | $513.1M+2.0% | $530.9M+7.4% | $514.1M+3.9% | $523.5M-0.9% | $503.0M-5.6% | $494.1M-6.0% | $494.9M-6.5% |
| Gross Profit | $386.1M+7.2% | $338.0M-1.9% | $325.3M-3.0% | $341.6M+1.7% | $360.2M+0.8% | $344.6M+4.4% | $335.3M-0.7% | $335.8M-2.2% |
| SG&A Expenses | $250.7M+8.4% | $226.9M+4.9% | $209.5M-7.5% | $219.2M+0.9% | $231.2M+4.5% | $216.2M+2.1% | $226.4M+3.6% | $217.2M+1.8% |
| Operating Income | $131.6M+13.6% | $109.9M-12.6% | $108.3M+1.9% | $115.4M-0.4% | $115.8M-13.1% | $125.8M+7.8% | $106.3M-9.8% | $115.9M-7.9% |
| EBITDA | $188.7M+11.6% | $165.6M-7.0% | $163.0M+1.6% | $169.0M-0.4% | $169.1M-10.0% | $178.0M+3.9% | $160.4M-7.2% | $169.6M-5.7% |
| Interest Expense | $30.0M+4.2% | $29.9M+1.0% | $32.6M-4.4% | $34.9M-0.6% | $28.8M-41.3% | $29.6M-21.1% | $34.1M-11.2% | $35.1M-11.1% |
| Income Tax | -$78.0M-564.3% | $11.5M-54.4% | $15.0M-67.9% | $6.1M-56.4% | $16.8M+36.6% | $25.2M-27.0% | $46.7M+1845.8% | $14.0M+1300.0% |
| Net Income | $170.9M+202.5% | $59.7M-3.7% | $51.3M+40.2% | $81.6M+71.4% | $56.5M-20.1% | $62.0M+55.0% | $36.6M-41.8% | $47.6M-39.5% |
| EPS (Basic) | $0.67+204.5% | $0.240.0% | $0.20+42.9% | $0.32+77.8% | $0.22-18.5% | $0.24+60.0% | $0.14-41.7% | $0.18-40.0% |
| EPS (Diluted) | $0.67+204.5% | $0.23-4.2% | $0.19+35.7% | $0.31+72.2% | $0.22-15.4% | $0.24+60.0% | $0.14-39.1% | $0.18-37.9% |
| Diluted Shares (Avg) | 256M-1.7% | 257M-1.8% | N/A | 262M-0.7% | 260M-2.4% | 262M-2.2% | N/A | 263M-1.6% |
Not reported in any period shown, so not listed: R&D Expenses.
GTES Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $7.4B+2.4% | $7.1B+3.3% | $7.2B+5.4% | $7.1B+0.4% | $7.2B+2.6% | $6.9B-2.3% | $6.8B-6.5% | $7.1B+0.2% |
| Current Assets | $2.7B+7.4% | $2.5B+5.1% | $2.5B+7.6% | $2.5B+3.5% | $2.5B+6.1% | $2.4B+3.5% | $2.3B-4.0% | $2.4B+3.6% |
| Cash & Equivalents | $823.5M+14.4% | $785.3M+22.7% | $812.1M+19.1% | $689.4M+20.0% | $719.7M+24.2% | $640.2M+22.6% | $682.0M-5.4% | $574.4M+3.2% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $740.6M+1.6% | $685.7M-2.1% | $700.0M+3.6% | $718.1M-0.9% | $729.0M+4.7% | $700.7M+3.5% | $676.0M+4.4% | $724.6M+12.1% |
| Accounts Receivable | $900.3M+9.0% | $799.6M+1.7% | $744.2M+3.0% | $833.3M+2.6% | $826.3M+2.3% | $786.2M-1.4% | $722.7M-5.9% | $811.8M-1.2% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $2.0B0.0% | $2.0B+4.5% | $2.0B+6.6% | $2.0B+1.1% | $2.0B+2.8% | $1.9B-3.9% | $1.9B-6.4% | $2.0B+0.6% |
| Total Liabilities | $3.5B-3.0% | $3.4B-2.0% | $3.5B+0.5% | $3.4B-6.3% | $3.6B+1.9% | $3.5B-2.6% | $3.4B-7.1% | $3.7B-0.9% |
| Current Liabilities | $835.1M+14.5% | $678.5M-4.5% | $735.4M+1.9% | $705.4M-11.3% | $729.3M-4.5% | $710.4M-5.0% | $721.5M-7.4% | $795.6M+1.9% |
| Non-Current Liabilities | $2.7B-7.4% | $2.7B-1.4% | $2.7B+0.1% | $2.7B-4.8% | $2.9B+3.6% | $2.7B-2.0% | $2.7B-7.1% | $2.9B-1.7% |
| Long-Term Debt | $2.2B-4.8% | $2.2B-4.8% | $2.2B-5.0% | $2.2B-5.9% | $2.3B-0.2% | $2.3B-0.2% | $2.3B-4.3% | $2.3B-3.2% |
| Total Equity | $3.5B+7.7% | $3.4B+8.5% | $3.3B+10.3% | $3.4B+8.3% | $3.3B+2.9% | $3.1B-2.4% | $3.0B-6.1% | $3.1B+0.6% |
| Retained Earnings | $1.8B+14.0% | $1.7B+8.6% | $1.7B+11.7% | $1.7B+6.2% | $1.6B+4.1% | $1.5B+6.2% | $1.5B+1.2% | $1.6B+12.2% |
GTES Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $78.6M-23.7% | $30.2M+313.7% | $269.8M+41.3% | $98.0M-15.4% | $103.0M+9.8% | $7.3M+134.8% | $190.9M+0.8% | $115.9M+7.5% |
| Depreciation & Amortization | $57.1M+7.1% | $55.7M+6.7% | $54.7M+1.1% | $53.6M-0.2% | $53.3M-2.2% | $52.2M-4.4% | $54.1M-1.6% | $53.7M-0.6% |
| Stock-Based Compensation | $9.4M-2.1% | $6.3M+3.3% | N/A | $6.7M+4.7% | $9.6M+84.6% | $6.1M-29.1% | N/A | $6.4M+93.9% |
| Capital Expenditures | $18.3M-5.7% | $16.7M-4.6% | $18.8M-19.3% | $17.5M-20.1% | $19.4M-11.4% | $17.5M+9.4% | $23.3M+7.9% | $21.9M+44.1% |
| Free Cash Flow | $60.3M-27.9% | $13.5M+232.4% | $251.0M+49.8% | $80.5M-14.4% | $83.6M+16.3% | -$10.2M+72.4% | $167.6M-0.1% | $94.0M+1.5% |
| Investing Cash Flow | -$14.6M+52.9% | -$27.2M+12.3% | -$32.1M-33.2% | -$24.9M+38.1% | -$31.0M-50.5% | -$31.0M-59.0% | -$24.1M-1.3% | -$40.2M-137.9% |
| Financing Cash Flow | -$25.7M-192.0% | -$25.1M-2.0% | -$116.2M-250.0% | -$101.5M-5.8% | -$8.8M-1.1% | -$24.6M+83.5% | -$33.2M-100.0% | -$95.9M-18.0% |
| Share Buybacks | $22.1M | $16.6M+27.7% | $106.3M | $0-100.0% | $0 | $13.0M-74.2% | $0 | $125.8M |
Not reported in any period shown, so not listed: Dividends Paid.
GTES Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.0%+0.2pp | 39.7%-1.0pp | 38.0%-2.4pp | 39.9%-0.5pp | 40.8%+0.4pp | 40.7%+2.4pp | 40.4%+1.3pp | 40.4%+1.1pp |
| Operating Margin | 14.0%+0.9pp | 12.9%-1.9pp | 12.7%-0.2pp | 13.5%-0.5pp | 13.1%-1.9pp | 14.8%+1.3pp | 12.8%-0.8pp | 14.0%-0.5pp |
| Net Margin | 18.1%+11.8pp | 7.0%-0.3pp | 6.0%+1.6pp | 9.5%+3.8pp | 6.4%-1.6pp | 7.3%+2.7pp | 4.4%-2.9pp | 5.7%-3.3pp |
| Return on Equity | 4.9%+3.1pp | 1.8%-0.2pp | 1.5%+0.3pp | 2.4%+0.9pp | 1.7%-0.5pp | 2.0%+0.7pp | 1.2%-0.7pp | 1.5%-1.0pp |
| Return on Assets | 2.3%+1.5pp | 0.8%-0.1pp | 0.7%+0.2pp | 1.1%+0.5pp | 0.8%-0.2pp | 0.9%+0.3pp | 0.5%-0.3pp | 0.7%-0.4pp |
| Current Ratio | 3.24-0.2x | 3.67+0.3x | 3.37+0.2x | 3.52+0.5x | 3.46+0.3x | 3.33+0.3x | 3.20+0.1x | 3.020.0x |
| Debt-to-Equity | 0.62-0.1x | 0.65-0.1x | 0.66-0.1x | 0.65-0.1x | 0.710.0x | 0.740.0x | 0.760.0x | 0.750.0x |
| Asset Turnover | 0.130.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.120.0x | 0.120.0x |
| FCF Margin | 6.4%-3.1pp | 1.6%+2.8pp | 29.3%+9.1pp | 9.4%-1.9pp | 9.5%+1.3pp | -1.2%+3.1pp | 20.2%+0.8pp | 11.3%+0.7pp |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Gates Industrial Corporation Ltd. GTES | FY2025 | $3.4B | $251.4M | 7.3% | $7.0B | 59/100 |
| Middleby Corp MIDD | FY2025 | $3.2B | $367.3M | 11.5% | $4.7B | 62/100 |
| Flowserve Corporation FLS | FY2025 | $4.7B | $346.2M | 7.3% | $9.5B | 57/100 |
| Donaldson Company, Inc. DCI | FY2026 | $3.9B | $453.8M | 11.7% | $10.3B | 65/100 |
| JBT Marel Corporation JBTM | FY2025 | $3.8B | -$50.5M | -1.3% | $5.6B | 51/100 |
| Enpro Inc. NPO | FY2025 | $1.1B | $40.5M | 3.5% | $7.0B | 57/100 |
Where Gates Industrial Corporation Ltd. Ranks
Frequently Asked Questions
What is Gates Industrial Corporation Ltd.'s annual revenue?
Gates Industrial Corporation Ltd. (GTES) reported $3.4B in total revenue for fiscal year 2025. This represents a 1.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gates Industrial Corporation Ltd.'s revenue growing?
Gates Industrial Corporation Ltd. (GTES) revenue grew by 1.0% year-over-year, from $3.4B to $3.4B in fiscal year 2025.
Is Gates Industrial Corporation Ltd. profitable?
Yes, Gates Industrial Corporation Ltd. (GTES) reported a net income of $251.4M in fiscal year 2025, with a net profit margin of 7.3%.
What is Gates Industrial Corporation Ltd.'s EBITDA?
Gates Industrial Corporation Ltd. (GTES) had EBITDA of $679.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gates Industrial Corporation Ltd. have?
As of fiscal year 2025, Gates Industrial Corporation Ltd. (GTES) had $812.1M in cash and equivalents against $2.2B in long-term debt.
What is Gates Industrial Corporation Ltd.'s gross margin?
Gates Industrial Corporation Ltd. (GTES) had a gross margin of 39.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Gates Industrial Corporation Ltd.'s operating margin?
Gates Industrial Corporation Ltd. (GTES) had an operating margin of 13.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Gates Industrial Corporation Ltd.'s net profit margin?
Gates Industrial Corporation Ltd. (GTES) had a net profit margin of 7.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Gates Industrial Corporation Ltd.'s return on equity (ROE)?
Gates Industrial Corporation Ltd. (GTES) has a return on equity of 7.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gates Industrial Corporation Ltd.'s free cash flow?
Gates Industrial Corporation Ltd. (GTES) generated $404.9M in free cash flow during fiscal year 2025. This represents a 36.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gates Industrial Corporation Ltd.'s operating cash flow?
Gates Industrial Corporation Ltd. (GTES) generated $478.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gates Industrial Corporation Ltd.'s total assets?
Gates Industrial Corporation Ltd. (GTES) had $7.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gates Industrial Corporation Ltd.'s capital expenditures?
Gates Industrial Corporation Ltd. (GTES) invested $73.2M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Gates Industrial Corporation Ltd. spend on research and development?
Gates Industrial Corporation Ltd. (GTES) invested $71.9M in research and development during fiscal year 2025.
What is Gates Industrial Corporation Ltd.'s current ratio?
Gates Industrial Corporation Ltd. (GTES) had a current ratio of 3.37 as of fiscal year 2025, which is generally considered healthy.
What is Gates Industrial Corporation Ltd.'s debt-to-equity ratio?
Gates Industrial Corporation Ltd. (GTES) had a debt-to-equity ratio of 0.66 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gates Industrial Corporation Ltd.'s return on assets (ROA)?
Gates Industrial Corporation Ltd. (GTES) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gates Industrial Corporation Ltd.'s P/E ratio?
Gates Industrial Corporation Ltd. (GTES) trades at 19.3x earnings, its market capitalization divided by net income of $363.5M net income, trailing 12 months to June 27, 2026. The market capitalization is $7.0B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Gates Industrial Corporation Ltd.'s price-to-sales ratio?
Gates Industrial Corporation Ltd. (GTES) trades at 2.0x sales, its market capitalization divided by revenue of $3.5B revenue, trailing 12 months to June 27, 2026. The market capitalization is $7.0B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Gates Industrial Corporation Ltd.'s Altman Z-Score?
Gates Industrial Corporation Ltd. (GTES) has an Altman Z-Score of 2.53, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Gates Industrial Corporation Ltd.'s Piotroski F-Score?
Gates Industrial Corporation Ltd. (GTES) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gates Industrial Corporation Ltd.'s earnings high quality?
Gates Industrial Corporation Ltd. (GTES) has an earnings quality ratio of 1.90x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Gates Industrial Corporation Ltd. cover its interest payments?
Gates Industrial Corporation Ltd. (GTES) has an interest coverage ratio of 3.70x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Gates Industrial Corporation Ltd.?
Gates Industrial Corporation Ltd. (GTES) scores 59 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.