US-listed companies
Gates Industrial Corp plc

Gates Industrial Corp plcGTES

Market cap

$4.8B

P/E ratio

20.6x

Income statement Balance sheet Cash flow

	Dec 29, 2018	Dec 28, 2019	Jan 2, 2021	Jan 1, 2022	Dec 31, 2022	Dec 30, 2023
Cash and cash equivalents	423	635	521	658	578	721
Trade accounts receivable, net	742	695	695	708	809	768
Inventories	538	475	508	683	656	647
Taxes receivable	7	22	29	19	13	30
Prepaid expenses and other assets	104	131	153	211	221	235
Total current assets	1,815	1,959	1,907	2,279	2,277	2,401
Property, plant and equipment, net	-	-	705	670	638	630
Goodwill	2,046	2,061	2,120	2,063	1,981	2,039
Pension surplus	53	38	69	76	10	9
Intangible assets, net	1,991	1,876	1,789	1,642	1,490	1,386
Right-of-use assets	-	123	121	124	132	120
Taxes receivable	28	23	27	16	15	19
Deferred income taxes	-	587	673	639	600	622
Other non-current assets	35	17	17	24	48	29
Total assets	6,723	7,411	7,426	7,533	7,192	7,255
Debt, current portion	52	46	43	38	37	37
Trade accounts payable	424	375	417	507	470	458
Taxes payable	-	49	14	34	24	37
Accrued Liabilities, Current	184	189	252	277	223	249
Total current liabilities	679	658	726	856	752	779
Debt, less current portion	2,953	2,912	2,666	2,527	2,426	2,415
Post-retirement benefit obligations	156	151	143	106	76	84
Lease liabilities	-	116	114	116	122	111
Taxes payable	-	109	112	104	80	79
Deferred income taxes	440	369	360	284	192	119
Other non-current liabilities	79	85	121	59	100	123
Total liabilities	4,389	4,401	4,241	4,052	3,748	3,711
Common Stock, Value, Issued	3	3	3	3	3	3
Additional Paid in Capital	2,417	2,435	2,457	2,484	2,542	2,584
—Accumulated other comprehensive loss	-854	-858	-805	-825	-918	-828
—Retained earnings	382	1,072	1,151	1,438	1,483	1,462
Total shareholders’ equity	2,334	3,011	3,185	3,481	3,444	3,544
Non-controlling interests	386	360	379	382	334	324
Total equity	2,334	3,011	3,185	3,481	3,444	3,544
Total liabilities and equity	6,723	7,411	7,426	7,533	7,192	7,255