Gentex Long Term Debt vs Net Receivables Analysis

GNTX Stock

USD 28.22 0.39 1.40%

Gentex financial indicator trend analysis is much more than just examining Gentex latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gentex is a good investment. Please check the relationship between Gentex Long Term Debt and its Net Receivables accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gentex Long Term Debt account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Gentex's Long Term Debt and Net Receivables is -0.25. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Gentex, assuming nothing else is changed. The correlation between historical values of Gentex's Long Term Debt and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Gentex are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Long Term Debt i.e., Gentex's Long Term Debt and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Long Term Debt

Long-term debt is a debt that Gentex has held for over one year. Long-term debt appears on Gentex balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Gentex balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Net Receivables

Most indicators from Gentex's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gentex current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.Selling General Administrative is likely to rise to about 135.9 M in 2025. Tax Provision is likely to rise to about 74.7 M in 2025

	2022	2023	2024	2025 (projected)
Gross Profit	609.8M	762.6M	877.0M	920.9M
Total Revenue	1.9B	2.3B	2.6B	2.8B

Gross Profit Total Revenue

Gentex fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Long Term Debt Total	Other Current Liab	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Property Plant And Equipment Gross	Common Stock Total Equity
Total Assets		0.92	0.99	0.96	-0.23	0.99	0.25	0.97	0.13	0.28	0.95	0.37	0.04	0.82	0.03	0.95	0.67	0.92	-0.3	0.59	0.12	0.78	0.84	0.91	0.74	0.71
Total Current Liabilities	0.92		0.94	0.96	-0.13	0.92	0.02	0.91	0.43	0.03	0.96	0.14	-0.28	0.94	-0.2	0.95	0.42	0.8	-0.51	0.7	0.06	0.58	0.95	0.78	0.88	0.5
Total Stockholder Equity	0.99	0.94		0.98	-0.24	0.99	0.19	0.96	0.21	0.23	0.97	0.29	-0.09	0.87	-0.07	0.98	0.56	0.91	-0.4	0.68	0.15	0.71	0.88	0.88	0.78	0.68
Property Plant And Equipment Net	0.96	0.96	0.98		-0.15	0.96	0.07	0.95	0.29	0.11	0.97	0.27	-0.16	0.92	-0.15	0.97	0.5	0.85	-0.4	0.73	0.07	0.62	0.93	0.81	0.84	0.55
Net Debt	-0.23	-0.13	-0.24	-0.15		-0.3	-0.85	-0.01	0.54	-0.86	-0.12	-0.47	-0.02	0.01	-0.52	-0.14	-0.11	-0.59	-0.21	0.1	-0.41	-0.02	0.08	-0.02	0.19	-0.47
Retained Earnings	0.99	0.92	0.99	0.96	-0.3		0.3	0.95	0.1	0.34	0.94	0.39	0.01	0.81	0.06	0.94	0.64	0.94	-0.31	0.57	0.16	0.75	0.83	0.88	0.71	0.73
Cash	0.25	0.02	0.19	0.07	-0.85	0.3		0.06	-0.75	0.96	0.02	0.7	0.53	-0.19	0.85	0.02	0.51	0.55	0.53	-0.43	0.22	0.3	-0.19	0.16	-0.31	0.56
Non Current Assets Total	0.97	0.91	0.96	0.95	-0.01	0.95	0.06		0.27	0.08	0.95	0.25	0.03	0.84	-0.08	0.94	0.66	0.79	-0.39	0.62	0.05	0.81	0.88	0.94	0.8	0.62
Non Currrent Assets Other	0.13	0.43	0.21	0.29	0.54	0.1	-0.75	0.27		-0.82	0.39	-0.68	-0.65	0.58	-0.72	0.37	-0.33	-0.13	-0.69	0.59	-0.4	-0.1	0.56	0.13	0.73	-0.3
Cash And Short Term Investments	0.28	0.03	0.23	0.11	-0.86	0.34	0.96	0.08	-0.82		0.05	0.73	0.47	-0.17	0.76	0.06	0.47	0.59	0.46	-0.34	0.41	0.31	-0.17	0.18	-0.34	0.62
Net Receivables	0.95	0.96	0.97	0.97	-0.12	0.94	0.02	0.95	0.39	0.05		0.12	-0.22	0.92	-0.24	0.99	0.45	0.82	-0.53	0.77	0.1	0.63	0.93	0.84	0.85	0.56
Common Stock Shares Outstanding	0.37	0.14	0.29	0.27	-0.47	0.39	0.7	0.25	-0.68	0.73	0.12		0.6	0.01	0.65	0.13	0.66	0.54	0.67	-0.24	0.05	0.35	0.05	0.21	-0.11	0.37
Non Current Liabilities Total	0.04	-0.28	-0.09	-0.16	-0.02	0.01	0.53	0.03	-0.65	0.47	-0.22	0.6		-0.41	0.74	-0.24	0.75	0.06	0.72	-0.64	-0.17	0.49	-0.32	0.2	-0.39	0.29
Inventory	0.82	0.94	0.87	0.92	0.01	0.81	-0.19	0.84	0.58	-0.17	0.92	0.01	-0.41		-0.41	0.93	0.25	0.69	-0.53	0.83	-0.12	0.4	0.97	0.64	0.96	0.35
Other Current Assets	0.03	-0.2	-0.07	-0.15	-0.52	0.06	0.85	-0.08	-0.72	0.76	-0.24	0.65	0.74	-0.41		-0.26	0.57	0.22	0.68	-0.72	-0.03	0.3	-0.36	0.05	-0.41	0.36
Other Stockholder Equity	0.95	0.95	0.98	0.97	-0.14	0.94	0.02	0.94	0.37	0.06	0.99	0.13	-0.24	0.93	-0.26		0.42	0.83	-0.53	0.8	0.12	0.63	0.91	0.84	0.85	0.58
Total Liab	0.67	0.42	0.56	0.5	-0.11	0.64	0.51	0.66	-0.33	0.47	0.45	0.66	0.75	0.25	0.57	0.42		0.6	0.34	-0.13	-0.11	0.87	0.35	0.73	0.23	0.63
Total Current Assets	0.92	0.8	0.91	0.85	-0.59	0.94	0.55	0.79	-0.13	0.59	0.82	0.54	0.06	0.69	0.22	0.83	0.6		-0.12	0.44	0.22	0.62	0.68	0.73	0.54	0.77
Short Long Term Debt Total	-0.3	-0.51	-0.4	-0.4	-0.21	-0.31	0.53	-0.39	-0.69	0.46	-0.53	0.67	0.72	-0.53	0.68	-0.53	0.34	-0.12		-0.7	-0.31	-0.11	-0.51	-0.38	-0.54	-0.1
Other Current Liab	0.59	0.7	0.68	0.73	0.1	0.57	-0.43	0.62	0.59	-0.34	0.77	-0.24	-0.64	0.83	-0.72	0.8	-0.13	0.44	-0.7		0.15	0.15	0.76	0.44	0.76	0.17
Short Term Debt	0.12	0.06	0.15	0.07	-0.41	0.16	0.22	0.05	-0.4	0.41	0.1	0.05	-0.17	-0.12	-0.03	0.12	-0.11	0.22	-0.31	0.15		0.13	-0.13	0.18	-0.32	0.33
Intangible Assets	0.78	0.58	0.71	0.62	-0.02	0.75	0.3	0.81	-0.1	0.31	0.63	0.35	0.49	0.4	0.3	0.63	0.87	0.62	-0.11	0.15	0.13		0.46	0.94	0.38	0.73
Accounts Payable	0.84	0.95	0.88	0.93	0.08	0.83	-0.19	0.88	0.56	-0.17	0.93	0.05	-0.32	0.97	-0.36	0.91	0.35	0.68	-0.51	0.76	-0.13	0.46		0.69	0.95	0.35
Good Will	0.91	0.78	0.88	0.81	-0.02	0.88	0.16	0.94	0.13	0.18	0.84	0.21	0.2	0.64	0.05	0.84	0.73	0.73	-0.38	0.44	0.18	0.94	0.69		0.61	0.73
Property Plant And Equipment Gross	0.74	0.88	0.78	0.84	0.19	0.71	-0.31	0.8	0.73	-0.34	0.85	-0.11	-0.39	0.96	-0.41	0.85	0.23	0.54	-0.54	0.76	-0.32	0.38	0.95	0.61		0.22
Common Stock Total Equity	0.71	0.5	0.68	0.55	-0.47	0.73	0.56	0.62	-0.3	0.62	0.56	0.37	0.29	0.35	0.36	0.58	0.63	0.77	-0.1	0.17	0.33	0.73	0.35	0.73	0.22

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Gentex Account Relationship Matchups

Gentex fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.2B	2.1B	2.3B	2.6B	3.0B	3.2B
Total Current Liabilities	177.7M	181.7M	250.6M	271.6M	312.4M	328.0M
Total Stockholder Equity	2.0B	1.9B	2.1B	2.3B	2.7B	2.8B
Property Plant And Equipment Net	468.1M	464.1M	550.0M	652.9M	750.8M	788.3M
Net Debt	(423.4M)	(262.3M)	(214.8M)	(222.9M)	(200.6M)	(210.6M)
Retained Earnings	1.1B	1.0B	1.1B	1.3B	1.5B	1.6B
Cash	423.4M	262.3M	214.8M	226.4M	260.4M	242.1M
Non Current Assets Total	1.2B	1.3B	1.4B	1.6B	1.9B	1.9B
Non Currrent Assets Other	(39.0B)	(4.8M)	(25.5M)	(1.0)	(0.9)	(0.94)
Cash And Short Term Investments	450.5M	267.7M	237.8M	240.8M	276.9M	274.3M
Net Receivables	284.9M	249.8M	276.5M	321.8M	370.1M	388.6M
Common Stock Shares Outstanding	243.7M	236.6M	231.2M	229.7M	264.2M	290.5M
Liabilities And Stockholders Equity	2.2B	2.1B	2.3B	2.6B	3.0B	3.2B
Non Current Liabilities Total	56.3M	11.7M	10.9M	27.3M	31.4M	50.8M
Inventory	226.3M	316.3M	404.4M	402.5M	462.8M	486.0M
Other Current Assets	17.6M	39.2M	30.0M	32.7M	37.6M	35.7M
Other Stockholder Equity	852.8M	879.4M	917.5M	968.2M	1.1B	1.2B
Total Liab	234.0M	193.4M	261.4M	298.9M	343.8M	360.9M
Total Current Assets	979.3M	873.0M	948.7M	997.7M	1.1B	1.2B
Other Current Liab	89.2M	83.1M	80.1M	84.7M	97.4M	102.2M
Intangible Assets	276.5M	272.6M	312.4M	280.5M	322.6M	338.7M
Accounts Payable	84.8M	98.3M	151.7M	184.4M	212.1M	222.7M
Good Will	311.9M	314.0M	313.8M	340.1M	391.1M	410.7M
Property Plant And Equipment Gross	468.1M	1.3B	1.5B	1.6B	1.9B	2.0B
Accumulated Other Comprehensive Income	6.9M	1.9M	(14.1M)	(6.6M)	(7.5M)	(7.2M)
Common Stock Total Equity	15.1M	14.6M	14.2M	14.1M	16.2M	11.4M
Short Term Investments	27.2M	5.4M	23.0M	14.4M	16.5M	15.7M
Common Stock	14.6M	14.2M	14.1M	13.9M	16.0M	11.5M
Property Plant Equipment	498.3M	468.1M	464.1M	550.0M	632.5M	333.1M
Net Tangible Assets	1.9B	2.0B	1.4B	2.1B	2.4B	1.8B
Retained Earnings Total Equity	1.1B	1.1B	1.0B	1.1B	1.3B	983.3M
Capital Surpluse	807.9M	852.8M	879.4M	917.5M	1.1B	710.9M
Accumulated Depreciation	(728.8M)	(789.1M)	(860.4M)	(928.3M)	(835.5M)	(877.3M)
Other Liab	58.5M	56.3M	11.7M	10.2M	9.1M	8.7M

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Gentex Long Term Debt vs Net Receivables Analysis

Long Term Debt vs Net Receivables

Long Term Debt vs Net Receivables Correlation Analysis

Correlation Coefficient

Long Term Debt

Net Receivables

Gentex fundamental ratios Correlations

Gentex Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Gentex fundamental ratios Accounts

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Additional Tools for Gentex Stock Analysis

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Total Stockholder Equity	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Assets
Retained Earnings	+ 0.99	Total Stockholder Equity
Other Stockholder Equity	+ 0.99	Net Receivables
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity
Other Stockholder Equity	+ 0.98	Total Stockholder Equity

Cash And Short Term Investments	- 0.86	Net Debt
Cash	- 0.85	Net Debt
Cash And Short Term Investments	- 0.82	Non Currrent Assets Other
Non Currrent Assets Other	- 0.75	Cash
Other Current Liab	- 0.72	Other Current Assets
Other Current Assets	- 0.72	Non Currrent Assets Other