Gentex Stock Current Asset
| GNTX Stock | USD 30.40 0.52 1.74% |
Gentex fundamentals help investors to digest information that contributes to Gentex's financial success or failures. It also enables traders to predict the movement of Gentex Stock. The fundamental analysis module provides a way to measure Gentex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Gentex stock.
At this time, Gentex's Non Current Assets Total are fairly stable compared to the past year. Total Current Assets is likely to rise to about 1 B in 2024, whereas Other Current Assets are likely to drop slightly above 31 M in 2024. Gentex | Current Asset |
Gentex Company Current Asset Analysis
Gentex's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Gentex Current Asset | 618.99 M |
Most of Gentex's fundamental indicators, such as Current Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Gentex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gentex Current Asset Historical Pattern
Today, most investors in Gentex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Gentex's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Gentex current asset as a starting point in their analysis.
Gentex Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Gentex Total Assets
Total Assets |
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In accordance with the recently published financial statements, Gentex has a Current Asset of 618.99 M. This is 98.81% lower than that of the Automobile Components sector and 65.86% lower than that of the Consumer Discretionary industry. The current asset for all United States stocks is 93.37% higher than that of the company.
Gentex Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Gentex's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Gentex could also be used in its relative valuation, which is a method of valuing Gentex by comparing valuation metrics of similar companies.Gentex is currently under evaluation in current asset category among its peers.
Gentex Current Valuation Drivers
We derive many important indicators used in calculating different scores of Gentex from analyzing Gentex's financial statements. These drivers represent accounts that assess Gentex's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Gentex's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 7.3B | 8.2B | 8.2B | 6.3B | 7.6B | 8.0B | |
| Enterprise Value | 7.0B | 7.8B | 7.9B | 6.1B | 7.4B | 7.8B |
Gentex ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Gentex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Gentex's managers, analysts, and investors.Environmental | Governance | Social |
Gentex Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.18 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 6.71 B | ||||
| Shares Outstanding | 227.43 M | ||||
| Shares Owned By Insiders | 0.24 % | ||||
| Shares Owned By Institutions | 97.80 % | ||||
| Number Of Shares Shorted | 6 M | ||||
| Price To Earning | 19.08 X | ||||
| Price To Book | 2.86 X | ||||
| Price To Sales | 2.93 X | ||||
| Revenue | 2.3 B | ||||
| Gross Profit | 609.81 M | ||||
| EBITDA | 589.05 M | ||||
| Net Income | 428.4 M | ||||
| Cash And Equivalents | 281.36 M | ||||
| Cash Per Share | 1.20 X | ||||
| Total Debt | 3.57 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 3.47 X | ||||
| Book Value Per Share | 10.63 X | ||||
| Cash Flow From Operations | 537.25 M | ||||
| Short Ratio | 3.61 X | ||||
| Earnings Per Share | 1.89 X | ||||
| Price To Earnings To Growth | 1.62 X | ||||
| Target Price | 34.5 | ||||
| Number Of Employees | 6.25 K | ||||
| Beta | 0.91 | ||||
| Market Capitalization | 6.91 B | ||||
| Total Asset | 2.61 B | ||||
| Retained Earnings | 1.34 B | ||||
| Working Capital | 726.13 M | ||||
| Current Asset | 618.99 M | ||||
| Current Liabilities | 58.09 M | ||||
| Annual Yield | 0.02 % | ||||
| Five Year Return | 1.71 % | ||||
| Net Asset | 2.61 B | ||||
| Last Dividend Paid | 0.48 |
About Gentex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Gentex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Gentex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Gentex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.