Gentex Total Liab vs Total Current Liabilities Analysis

GNTX Stock  USD 24.48  0.12  0.49%   
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 Total Liab and its Total Current Liabilities 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.

Total Liab vs Total Current Liabilities

Total Liab vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gentex Total Liab account and Total Current Liabilities. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gentex's Total Liab and Total Current Liabilities is 0.42. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Gentex, assuming nothing else is changed. The correlation between historical values of Gentex's Total Liab and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of Gentex are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Total Liab i.e., Gentex's Total Liab and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Total Current Liabilities

Total Current Liabilities is an item on Gentex balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Gentex are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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 Profit609.8M762.6M877.0M920.9M
Total Revenue1.9B2.3B2.6B2.8B

Gentex fundamental ratios Correlations

0.920.990.96-0.230.990.250.970.130.280.950.370.040.820.030.950.670.92-0.30.590.120.780.840.910.740.71
0.920.940.96-0.130.920.020.910.430.030.960.14-0.280.94-0.20.950.420.8-0.510.70.060.580.950.780.880.5
0.990.940.98-0.240.990.190.960.210.230.970.29-0.090.87-0.070.980.560.91-0.40.680.150.710.880.880.780.68
0.960.960.98-0.150.960.070.950.290.110.970.27-0.160.92-0.150.970.50.85-0.40.730.070.620.930.810.840.55
-0.23-0.13-0.24-0.15-0.3-0.85-0.010.54-0.86-0.12-0.47-0.020.01-0.52-0.14-0.11-0.59-0.210.1-0.41-0.020.08-0.020.19-0.47
0.990.920.990.96-0.30.30.950.10.340.940.390.010.810.060.940.640.94-0.310.570.160.750.830.880.710.73
0.250.020.190.07-0.850.30.06-0.750.960.020.70.53-0.190.850.020.510.550.53-0.430.220.3-0.190.16-0.310.56
0.970.910.960.95-0.010.950.060.270.080.950.250.030.84-0.080.940.660.79-0.390.620.050.810.880.940.80.62
0.130.430.210.290.540.1-0.750.27-0.820.39-0.68-0.650.58-0.720.37-0.33-0.13-0.690.59-0.4-0.10.560.130.73-0.3
0.280.030.230.11-0.860.340.960.08-0.820.050.730.47-0.170.760.060.470.590.46-0.340.410.31-0.170.18-0.340.62
0.950.960.970.97-0.120.940.020.950.390.050.12-0.220.92-0.240.990.450.82-0.530.770.10.630.930.840.850.56
0.370.140.290.27-0.470.390.70.25-0.680.730.120.60.010.650.130.660.540.67-0.240.050.350.050.21-0.110.37
0.04-0.28-0.09-0.16-0.020.010.530.03-0.650.47-0.220.6-0.410.74-0.240.750.060.72-0.64-0.170.49-0.320.2-0.390.29
0.820.940.870.920.010.81-0.190.840.58-0.170.920.01-0.41-0.410.930.250.69-0.530.83-0.120.40.970.640.960.35
0.03-0.2-0.07-0.15-0.520.060.85-0.08-0.720.76-0.240.650.74-0.41-0.260.570.220.68-0.72-0.030.3-0.360.05-0.410.36
0.950.950.980.97-0.140.940.020.940.370.060.990.13-0.240.93-0.260.420.83-0.530.80.120.630.910.840.850.58
0.670.420.560.5-0.110.640.510.66-0.330.470.450.660.750.250.570.420.60.34-0.13-0.110.870.350.730.230.63
0.920.80.910.85-0.590.940.550.79-0.130.590.820.540.060.690.220.830.6-0.120.440.220.620.680.730.540.77
-0.3-0.51-0.4-0.4-0.21-0.310.53-0.39-0.690.46-0.530.670.72-0.530.68-0.530.34-0.12-0.7-0.31-0.11-0.51-0.38-0.54-0.1
0.590.70.680.730.10.57-0.430.620.59-0.340.77-0.24-0.640.83-0.720.8-0.130.44-0.70.150.150.760.440.760.17
0.120.060.150.07-0.410.160.220.05-0.40.410.10.05-0.17-0.12-0.030.12-0.110.22-0.310.150.13-0.130.18-0.320.33
0.780.580.710.62-0.020.750.30.81-0.10.310.630.350.490.40.30.630.870.62-0.110.150.130.460.940.380.73
0.840.950.880.930.080.83-0.190.880.56-0.170.930.05-0.320.97-0.360.910.350.68-0.510.76-0.130.460.690.950.35
0.910.780.880.81-0.020.880.160.940.130.180.840.210.20.640.050.840.730.73-0.380.440.180.940.690.610.73
0.740.880.780.840.190.71-0.310.80.73-0.340.85-0.11-0.390.96-0.410.850.230.54-0.540.76-0.320.380.950.610.22
0.710.50.680.55-0.470.730.560.62-0.30.620.560.370.290.350.360.580.630.77-0.10.170.330.730.350.730.22
Click cells to compare fundamentals

Gentex Account Relationship Matchups

Gentex fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets2.2B2.1B2.3B2.6B3.0B3.2B
Total Current Liabilities177.7M181.7M250.6M271.6M312.4M328.0M
Total Stockholder Equity2.0B1.9B2.1B2.3B2.7B2.8B
Property Plant And Equipment Net468.1M464.1M550.0M652.9M750.8M788.3M
Net Debt(423.4M)(262.3M)(214.8M)(222.9M)(200.6M)(210.6M)
Retained Earnings1.1B1.0B1.1B1.3B1.5B1.6B
Cash423.4M262.3M214.8M226.4M260.4M242.1M
Non Current Assets Total1.2B1.3B1.4B1.6B1.9B1.9B
Non Currrent Assets Other(39.0B)(4.8M)(25.5M)(1.0)(0.9)(0.94)
Cash And Short Term Investments450.5M267.7M237.8M240.8M276.9M274.3M
Net Receivables284.9M249.8M276.5M321.8M370.1M388.6M
Common Stock Shares Outstanding243.7M236.6M231.2M229.7M264.2M290.5M
Liabilities And Stockholders Equity2.2B2.1B2.3B2.6B3.0B3.2B
Non Current Liabilities Total56.3M11.7M10.9M27.3M31.4M50.8M
Inventory226.3M316.3M404.4M402.5M462.8M486.0M
Other Current Assets17.6M39.2M30.0M32.7M37.6M35.7M
Other Stockholder Equity852.8M879.4M917.5M968.2M1.1B1.2B
Total Liab234.0M193.4M261.4M298.9M343.8M360.9M
Total Current Assets979.3M873.0M948.7M997.7M1.1B1.2B
Other Current Liab89.2M83.1M80.1M84.7M97.4M102.2M
Intangible Assets276.5M272.6M312.4M280.5M322.6M338.7M
Accounts Payable84.8M98.3M151.7M184.4M212.1M222.7M
Good Will311.9M314.0M313.8M340.1M391.1M410.7M
Property Plant And Equipment Gross468.1M1.3B1.5B1.6B1.9B2.0B
Accumulated Other Comprehensive Income6.9M1.9M(14.1M)(6.6M)(7.5M)(7.2M)
Common Stock Total Equity15.1M14.6M14.2M14.1M16.2M11.4M
Short Term Investments27.2M5.4M23.0M14.4M16.5M15.7M
Common Stock14.6M14.2M14.1M13.9M16.0M11.5M
Property Plant Equipment498.3M468.1M464.1M550.0M632.5M333.1M
Net Tangible Assets1.9B2.0B1.4B2.1B2.4B1.8B
Retained Earnings Total Equity1.1B1.1B1.0B1.1B1.3B983.3M
Capital Surpluse807.9M852.8M879.4M917.5M1.1B710.9M
Accumulated Depreciation(728.8M)(789.1M)(860.4M)(928.3M)(835.5M)(877.3M)
Other Liab58.5M56.3M11.7M10.2M9.1M8.7M

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