Gentex Stock Current Ratio
GTX Stock | EUR 28.00 0.20 0.71% |
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.
Gentex |
Gentex Company Current Ratio Analysis
Gentex's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Gentex Current Ratio | 4.55 X |
Most of Gentex's fundamental indicators, such as Current Ratio, 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.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Gentex has a Current Ratio of 4.55 times. This is 100.44% higher than that of the Consumer Cyclical sector and 157.06% higher than that of the Auto Parts industry. The current ratio for all Germany stocks is 110.65% lower than that of the firm.
Gentex Current Ratio 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 Ratio 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 ratio category among its peers.
Gentex Fundamentals
Return On Equity | 0.16 | |||
Return On Asset | 0.1 | |||
Profit Margin | 0.17 % | |||
Operating Margin | 0.19 % | |||
Current Valuation | 5.92 B | |||
Shares Outstanding | 234.18 M | |||
Shares Owned By Insiders | 0.20 % | |||
Shares Owned By Institutions | 88.91 % | |||
Price To Earning | 20.28 X | |||
Price To Book | 3.16 X | |||
Price To Sales | 3.21 X | |||
Revenue | 1.92 B | |||
Gross Profit | 609.81 M | |||
EBITDA | 370.01 M | |||
Net Income | 318.76 M | |||
Cash And Equivalents | 276.9 M | |||
Cash Per Share | 1.16 X | |||
Total Debt | 2.68 M | |||
Debt To Equity | 0 % | |||
Current Ratio | 4.55 X | |||
Book Value Per Share | 8.82 X | |||
Cash Flow From Operations | 362.17 M | |||
Earnings Per Share | 1.30 X | |||
Price To Earnings To Growth | 1.03 X | |||
Target Price | 36.71 | |||
Number Of Employees | 5.47 K | |||
Beta | 0.91 | |||
Market Capitalization | 6.29 B | |||
Total Asset | 2.33 B | |||
Annual Yield | 0.02 % | |||
Five Year Return | 1.61 % | |||
Net Asset | 2.33 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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Additional Information and Resources on Investing in Gentex Stock
When determining whether Gentex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gentex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gentex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gentex Stock: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 board of governors. For more detail on how to invest in Gentex Stock please use our How to Invest in Gentex guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.