Gentex Balance Sheet Health
Financial Health criteria checks 6/6
Gentex has a total shareholder equity of $2.4B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.7B and $336.9M respectively. Gentex's EBIT is $511.8M making its interest coverage ratio -37.9. It has cash and short-term investments of $265.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -37.9x |
Cash | US$265.76m |
Equity | US$2.38b |
Total liabilities | US$336.85m |
Total assets | US$2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTX's short term assets ($1.1B) exceed its short term liabilities ($304.4M).
Long Term Liabilities: GTX's short term assets ($1.1B) exceed its long term liabilities ($32.4M).
Debt to Equity History and Analysis
Debt Level: GTX is debt free.
Reducing Debt: GTX had no debt 5 years ago.
Debt Coverage: GTX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GTX has no debt, therefore coverage of interest payments is not a concern.