Gates Industrial Corporation plcGTESNYSE
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Debt to Assets Over Time
Below historical average, slight contraction.
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Debt-to-assets ratio
Latest
0.37
↓ 18% below average
Average (9y)
0.45
Historical baseline
Range
High:0.60
Low:0.35
CAGR
-5.3%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.37 | +3.4% |
| 2023 | 0.35 | -2.7% |
| 2022 | 0.36 | +1.1% |
| 2021 | 0.36 | -6.3% |
| 2020 | 0.38 | -8.3% |
| 2019 | 0.42 | -6.6% |
| 2018 | 0.45 | -22.6% |
| 2017 | 0.58 | -4.0% |
| 2016 | 0.60 | +1.0% |
| 2015 | 0.60 | - |