Gates Industrial Corporation plc (GTES) — Tangible Net Worth Ratio
Gates Industrial Corporation plc (GTES) has a Tangible Net Worth Ratio of 67.7% as of December 2025. This metric is calculated by deducting intangible assets ($1.19 Billion) from net assets ($3.69 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Gates Industrial Corporation plc net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Gates Industrial Corporation plc Tangible Net Worth Ratio (2012–2025)
This chart shows how Gates Industrial Corporation plc's Tangible Net Worth Ratio has changed across 13 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 67.7%, reflecting net assets of $3.69 Billion with intangible assets of $1.19 Billion USD. For live market cap and overall valuation, see GTES market cap overview.
Annual Tangible Net Worth Ratio for Gates Industrial Corporation plc (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Gates Industrial Corporation plc from 2012 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Gates Industrial Corporation plc (GTES) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 67.7% | $3.69 Billion | $1.19 Billion | $7.15 Billion | ▲ +5.1 pp |
| 2024 | 62.6% | $3.34 Billion | $1.25 Billion | $6.79 Billion | ▲ +1.7 pp |
| 2023 | 60.9% | $3.54 Billion | $1.39 Billion | $7.25 Billion | ▲ +4.2 pp |
| 2022 | 56.7% | $3.44 Billion | $1.49 Billion | $7.19 Billion | ▲ +3.9 pp |
| 2021 | 52.8% | $3.48 Billion | $1.64 Billion | $7.53 Billion | ▲ +9.0 pp |
| 2020 | 43.8% | $3.19 Billion | $1.79 Billion | $7.43 Billion | ▲ +6.2 pp |
| 2019 | 37.7% | $3.01 Billion | $1.88 Billion | $7.41 Billion | ▲ +23.0 pp |
| 2018 | 14.7% | $2.33 Billion | $1.99 Billion | $6.72 Billion | ▲ +63.6 pp |
| 2017 | -48.9% | $1.43 Billion | $2.13 Billion | $6.85 Billion | ▲ +46.8 pp |
| 2016 | -95.7% | $1.19 Billion | $2.33 Billion | $6.57 Billion | ▲ +0.0 pp |
| 2015 | -95.7% | $1.19 Billion | $2.33 Billion | $6.57 Billion | ▼ -132.4 pp |
| 2013 | 36.7% | $2.03 Billion | $1.29 Billion | $4.95 Billion | ▲ +11.3 pp |
| 2012 | 25.4% | $1.94 Billion | $1.45 Billion | $5.08 Billion | — |