Gates Industrial Corp Ltd. (GTES) Debt Ratio (2017 - 2026)
Gates Industrial's Debt Ratio came in at 0.30 for Q2 2026, down 7.0% from 0.32 a year earlier and down 3.5% from the prior quarter.
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Analysis
Gates Industrial Corp Ltd. (GTES) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Gates Industrial's Debt Ratio was 0.31, down 9.9% from FY2024.
- Going back by year, Debt Ratio was 0.35 in FY2024 (+2.5%), 0.34 in FY2023 (-1.3%), 0.34 in FY2022 (+0.6%) and 0.34 in FY2021.
- The Q2 2026 figure represents the lowest quarterly Debt Ratio in data going back to Q4 2017.
- Year-over-year, Debt Ratio has declined for five consecutive quarters, with an average decline of 3.9% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q4 2024 (growth of 2.5%), and the weakest in Q4 2025 (a decline of 9.9%).
- Business Quant data shows GTES's Debt Ratio at 0.31 (Q1 2026), 0.31 (Q4 2025) and 0.31 (Q3 2025) in the three quarters before Q2 2026.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 0.30 |
| Mar 28, 2026 | 0.31 |
| Dec 31, 2025 | 0.31 |
| Sep 27, 2025 | 0.31 |
| Jun 28, 2025 | 0.32 |
| Mar 29, 2025 | 0.34 |
| Dec 28, 2024 | 0.35 |
| Sep 28, 2024 | 0.33 |
| Jun 29, 2024 | 0.33 |
| Mar 30, 2024 | 0.33 |
| Dec 30, 2023 | 0.34 |
| Sep 30, 2023 | 0.34 |
| Jul 1, 2023 | 0.35 |
| Apr 1, 2023 | 0.34 |
| Dec 31, 2022 | 0.34 |
| Oct 1, 2022 | 0.35 |
| Jul 2, 2022 | 0.36 |
| Apr 2, 2022 | 0.35 |
| Jan 1, 2022 | 0.34 |
| Oct 2, 2021 | 0.34 |
API Access
Gates Industrial Corp Ltd. Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "GTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();