Gentex Free Cash Flow Yield vs Begin Period Cash Flow Analysis
GNTX Stock | USD 34.35 0.06 0.17% |
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 Free Cash Flow Yield and its Begin Period Cash Flow 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 tightly coupled 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.
Free Cash Flow Yield vs Begin Period Cash Flow
Free Cash Flow Yield vs Begin Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gentex Free Cash Flow Yield account and Begin Period Cash Flow. At this time, the significance of the direction appears to have strong relationship.
The correlation between Gentex's Free Cash Flow Yield and Begin Period Cash Flow is 0.74. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Begin Period Cash Flow in the same time period over historical financial statements of Gentex, assuming nothing else is changed. The correlation between historical values of Gentex's Free Cash Flow Yield and Begin Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Gentex are associated (or correlated) with its Begin Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Begin Period Cash Flow has no effect on the direction of Free Cash Flow Yield i.e., Gentex's Free Cash Flow Yield and Begin Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.74 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Free Cash Flow Yield
A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.Begin Period Cash Flow
The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.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 tightly coupled 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.At this time, Gentex's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.06 in 2024, whereas Tax Provision is likely to drop slightly above 74.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 619.7M | 609.8M | 762.6M | 800.8M | Total Revenue | 1.7B | 1.9B | 2.3B | 2.4B |
Gentex fundamental ratios Correlations
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Gentex Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gentex fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.2B | 2.2B | 2.1B | 2.3B | 2.6B | 2.7B | |
Total Current Liabilities | 171.8M | 177.7M | 181.7M | 250.6M | 271.6M | 285.2M | |
Total Stockholder Equity | 1.9B | 2.0B | 1.9B | 2.1B | 2.3B | 2.4B | |
Property Plant And Equipment Net | 498.3M | 468.1M | 464.1M | 550.0M | 652.9M | 685.5M | |
Net Debt | (296.3M) | (423.4M) | (262.3M) | (214.8M) | (222.9M) | (234.0M) | |
Retained Earnings | 1.1B | 1.1B | 1.0B | 1.1B | 1.3B | 1.4B | |
Cash | 296.3M | 423.4M | 262.3M | 214.8M | 226.4M | 242.1M | |
Non Current Assets Total | 1.2B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Non Currrent Assets Other | (51.5B) | (39.0B) | (4.8M) | (25.5M) | (1.0) | (1.05) | |
Cash And Short Term Investments | 436.7M | 450.5M | 267.7M | 237.8M | 240.8M | 274.3M | |
Net Receivables | 235.4M | 284.9M | 249.8M | 276.5M | 321.8M | 337.9M | |
Common Stock Shares Outstanding | 253.3M | 243.7M | 236.6M | 231.2M | 229.7M | 290.5M | |
Liabilities And Stockholders Equity | 2.2B | 2.2B | 2.1B | 2.3B | 2.6B | 2.7B | |
Non Current Liabilities Total | 58.9M | 56.3M | 11.7M | 10.9M | 27.3M | 50.8M | |
Inventory | 248.9M | 226.3M | 316.3M | 404.4M | 402.5M | 422.6M | |
Other Current Assets | 29.3M | 17.6M | 39.2M | 30.0M | 32.7M | 31.0M | |
Other Stockholder Equity | 807.9M | 852.8M | 879.4M | 917.5M | 968.2M | 1.0B | |
Total Liab | 230.7M | 234.0M | 193.4M | 261.4M | 298.9M | 313.9M | |
Total Current Assets | 950.4M | 979.3M | 873.0M | 948.7M | 997.7M | 1.0B | |
Other Current Liab | 74.3M | 93.0M | 83.3M | 98.8M | 87.2M | 91.6M | |
Intangible Assets | 272.8M | 276.5M | 272.6M | 312.4M | 280.5M | 294.5M | |
Accounts Payable | 97.6M | 84.8M | 98.3M | 151.7M | 184.4M | 193.6M | |
Property Plant And Equipment Gross | 498.3M | 468.1M | 1.3B | 1.5B | 1.6B | 1.7B | |
Accumulated Other Comprehensive Income | (1.3M) | 6.9M | 1.9M | (14.1M) | (6.6M) | (6.2M) | |
Common Stock Total Equity | 15.1M | 14.6M | 14.2M | 14.1M | 16.2M | 11.4M | |
Short Term Investments | 140.4M | 27.2M | 5.4M | 23.0M | 14.4M | 13.6M | |
Common Stock | 15.1M | 14.6M | 14.2M | 14.1M | 13.9M | 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 | |
Deferred Long Term Liab | 58.9M | 54.5M | 51.5M | 39.0M | 44.8M | 52.8M | |
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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 tightly coupled 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.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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Is Gentex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gentex. If investors know Gentex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gentex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.122 | Dividend Share 0.48 | Earnings Share 1.89 | Revenue Per Share 10.224 | Quarterly Revenue Growth 0.072 |
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gentex's market value can be influenced by many factors that don't directly affect Gentex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.