Gates Industrial Corporation plcGTESNYSE
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Debt to Equity Over Time
Below historical average, structural decline.
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Debt-to-equity ratio
Latest
0.82
↓ 62% below average
Average (9y)
2.15
Historical baseline
Range
High:5.55
Low:0.80
CAGR
-18.2%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.82 | +3.0% |
| 2023 | 0.80 | -5.2% |
| 2022 | 0.84 | -3.8% |
| 2021 | 0.87 | -13.9% |
| 2020 | 1.01 | -13.2% |
| 2019 | 1.17 | -24.3% |
| 2018 | 1.54 | -60.4% |
| 2017 | 3.90 | -29.8% |
| 2016 | 5.55 | +11.7% |
| 2015 | 4.97 | - |