Gentex Return On Tangible Assets from 2010 to 2024

GNTX Stock  USD 29.88  0.38  1.29%   
Gentex Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.13 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.21519039
Current Value
0.13
Quarterly Volatility
0.0590494
 
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 Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Gentex over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Gentex's Return On 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.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Gentex Return On Tangible Assets Regression Statistics

Arithmetic Mean0.20
Geometric Mean0.19
Coefficient Of Variation29.91
Mean Deviation0.04
Median0.21
Standard Deviation0.06
Sample Variance0
Range0.2344
R-Value0.40
Mean Square Error0
R-Squared0.16
Significance0.14
Slope0.01
Total Sum of Squares0.05

Gentex Return On Tangible Assets History

2024 0.13
2022 0.19
2020 0.22
2019 0.27
2018 0.29
2017 0.23

About Gentex Financial Statements

Gentex investors use historical fundamental indicators, such as Gentex's Return On 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
Return On Tangible Assets 0.22  0.13 

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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.