Gates Industrial Corporation plc (GTES) - Total Assets
Based on the latest financial reports, Gates Industrial Corporation plc (GTES) holds total assets worth $7.15 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Gates Industrial Corporation plc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Gates Industrial Corporation plc - Total Assets Trend (2012–2025)
This chart illustrates how Gates Industrial Corporation plc's total assets have evolved over time, based on quarterly financial data. See GTES net asset value for net asset value and shareholders' equity analysis.
Gates Industrial Corporation plc - Asset Composition Analysis
Current Asset Composition (December 2025)
Gates Industrial Corporation plc's total assets of $7.15 Billion consist of 34.7% current assets and 65.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.4% |
| Accounts Receivable | $744.20 Million | 10.4% |
| Inventory | $700.00 Million | 9.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.19 Billion | 16.7% |
| Goodwill | $2.04 Billion | 28.5% |
Asset Composition Trend (2012–2025)
This chart illustrates how Gates Industrial Corporation plc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see GTES stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Gates Industrial Corporation plc's current assets represent 34.7% of total assets in 2025, an increase from 31.1% in 2012.
- Cash Position: Cash and equivalents constituted 11.4% of total assets in 2025, up from 8.5% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 44.0% of total assets, a decrease from 54.0% in 2012.
- Asset Diversification: The largest asset category is goodwill at 28.5% of total assets.
Gates Industrial Corporation plc Competitors by Total Assets
Key competitors of Gates Industrial Corporation plc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr26.71 Billion |
|
Nordex SE
F:NDX1
|
Germany | €6.75 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
China | CN¥13.09 Billion |
|
Beijing Roborock Technology Co Ltd
SHG:688169
|
China | CN¥19.59 Billion |
|
AVIC Heavy Machinery Co Ltd
SHG:600765
|
China | CN¥31.03 Billion |
|
HSD Engine Co Ltd
KO:082740
|
Korea | ₩1.49 Trillion |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645
|
China | CN¥6.71 Billion |
|
Shanghai Taisheng Wind Power
SHE:300129
|
China | CN¥10.81 Billion |
Gates Industrial Corporation plc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.37 | 3.20 | 2.64 |
| Quick Ratio | 2.42 | 2.26 | 1.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.75 Billion | $1.58 Billion | $1.24 Billion |
Gates Industrial Corporation plc - Advanced Valuation Insights
This section examines the relationship between Gates Industrial Corporation plc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.82 |
| Latest Market Cap to Assets Ratio | 0.84 |
| Asset Growth Rate (YoY) | 5.4% |
| Total Assets | $7.15 Billion |
| Market Capitalization | $5.98 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Gates Industrial Corporation plc's assets close to their book value (0.84x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: Gates Industrial Corporation plc's assets grew by 5.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Gates Industrial Corporation plc (2012–2025)
The table below shows the annual total assets of Gates Industrial Corporation plc from 2012 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $7.15 Billion | +5.38% |
| 2024-12-31 | $6.79 Billion | -6.45% |
| 2023-12-31 | $7.25 Billion | +0.87% |
| 2022-12-31 | $7.19 Billion | -4.53% |
| 2021-12-31 | $7.53 Billion | +1.44% |
| 2020-12-31 | $7.43 Billion | +0.20% |
| 2019-12-31 | $7.41 Billion | +10.24% |
| 2018-12-31 | $6.72 Billion | -1.91% |
| 2017-12-31 | $6.85 Billion | +4.39% |
| 2016-12-31 | $6.57 Billion | 0.00% |
| 2015-12-31 | $6.57 Billion | +32.76% |
| 2013-12-31 | $4.95 Billion | -2.71% |
| 2012-12-31 | $5.08 Billion | -- |
About Gates Industrial Corporation plc
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. The company offers solutions for stationary and… Read more