Gentex Net Tangible Assets from 2010 to 2024

GNTX Stock  USD 30.40  0.52  1.74%   
Gentex Net Tangible Assets yearly trend continues to be fairly stable with very little volatility. Net Tangible Assets will likely drop to about 1.8 B in 2024. Net Tangible Assets is the total assets of Gentex minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
2.1 B
Current Value
2.2 B
Quarterly Volatility
402.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gentex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gentex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 98 M, Interest Expense of 116.3 M or Total Revenue of 2.4 B, as well as many indicators such as Price To Sales Ratio of 3.34, Dividend Yield of 0.0212 or PTB Ratio of 4.35. Gentex financial statements analysis is a perfect complement when working with Gentex Valuation or Volatility modules.
  
Check out the analysis of Gentex Correlation against competitors.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.

Latest Gentex's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Gentex over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Gentex's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gentex's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Gentex Net Tangible Assets Regression Statistics

Arithmetic Mean1,662,670,194
Geometric Mean1,604,056,968
Coefficient Of Variation25.96
Mean Deviation357,867,634
Median1,760,342,573
Standard Deviation431,584,980
Sample Variance186265.6T
Range1.5B
R-Value0.76
Mean Square Error84708.6T
R-Squared0.58
Significance0
Slope73,351,076
Total Sum of Squares2607718.3T

Gentex Net Tangible Assets History

20241.8 B
20232.4 B
20222.1 B
20211.4 B
2020B
20191.9 B
20181.9 B

About Gentex Financial Statements

Gentex investors use historical fundamental indicators, such as Gentex's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Gentex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets2.4 B1.8 B

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Additional Tools for Gentex Stock Analysis

When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.