What is the Return on Assets (ROA) of Gentex this year?
The Return on Assets (ROA) of Gentex is 0.16 undefined this year.
Gentex ROA 2024
Gentex ROA
0.16
Ticker
GNTX
ISIN
US3719011096
WKN
868891
In 2024, Gentex's return on assets (ROA) was 0.16, a 19.82% increase from the 0.13 ROA in the previous year.
Gentex Aktienanalyse
What does Gentex do?
Gentex Corporation is an American company specializing in the development and manufacturing of high-tech products for the automotive and aviation sectors. The company, based in Zeeland, Michigan, was founded in 1974 and has since produced numerous innovations in the areas of safety, comfort, and connectivity. Gentex is globally recognized for its innovative and high-quality products. The company specializes in the development of electronics and optics products for the automotive industry that enhance driving comfort, safety, and connectivity. Gentex's most well-known product is the automatic dimming rearview mirror, which automatically detects and dims the glare from other vehicles. Over the years, Gentex has expanded its product range to include automatic dimming exterior mirrors, camera-based lane change assist systems, blind-spot warning systems, rain sensors, and in-car vision systems for autonomous vehicles. Gentex also focuses on the aviation industry and offers a wide range of products, including specialty helmet visors, autodimming windows, uniforms, earplugs, and oxygen masks for aircraft. In addition to the dimming rearview mirror, Gentex has also developed the HomeLink system, which allows for the control of various functions in a home, such as garage doors and lighting, through a wireless remote control. Gentex's business model is based on the manufacturing and sale of high-tech electronic products known for their quality, reliability, and innovation. The company takes pride in being a sustainable company and is committed to the environment by offering recycling programs for its products. Since its founding, Gentex has experienced steady growth. In recent years, the company has also made numerous acquisitions to expand its product range and tap into new markets. One of the most important acquisitions was the purchase of Flightcom, a specialist in earplugs for the aviation and aerospace industries, in 2005. This acquisition allowed Gentex to enhance its product offerings for the aviation industry. Gentex has also heavily invested in research and development in recent years, leading to groundbreaking product innovations to solidify its position as a leading provider of high-tech products in the automotive and aviation industries. Gentex offers a wide and diverse range of products, from dimming rearview mirrors to autodimming windows, uniforms, and oxygen masks for aircraft. The company is known for its innovative technology and relentless efforts to improve driving comfort and safety. Gentex has made significant investments in research and development and remains committed to its principles of quality, reliability, and sustainability. Gentex ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Gentex's Return on Assets (ROA)
Gentex's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Gentex's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Gentex's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Gentex’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Gentex stock
What was the ROA of Gentex compared to the previous year?
The ROA of Gentex has increased by 19.82% compared to the previous year.
What consequences do high ROA have for investors of Gentex?
A high ROA is advantageous for investors of Gentex, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Gentex?
A low ROA can be unfavorable for investors of Gentex as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Gentex affect the company?
An increase in ROA of Gentex can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Gentex impact the company?
A reduction in the ROA of Gentex can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Gentex?
Some factors that can influence the ROA of Gentex include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Gentex important for investors?
The ROA of Gentex is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Gentex take to improve ROA?
To improve ROA, Gentex can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Gentex pay?
Over the past 12 months, Gentex paid a dividend of 0.48 USD . This corresponds to a dividend yield of about 1.58 %. For the coming 12 months, Gentex is expected to pay a dividend of 0.53 USD.
What is the dividend yield of Gentex?
The current dividend yield of Gentex is 1.58 %.
When does Gentex pay dividends?
Gentex pays a quarterly dividend. This is distributed in the months of February, May, August, November.
How secure is the dividend of Gentex?
Gentex paid dividends every year for the past 25 years.
What is the dividend of Gentex?
For the upcoming 12 months, dividends amounting to 0.53 USD are expected. This corresponds to a dividend yield of 1.74 %.
In which sector is Gentex located?
Gentex is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Gentex kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Gentex from 10/23/2024 amounting to 0.12 USD, you needed to have the stock in your portfolio before the ex-date on 10/9/2024.
When did Gentex pay the last dividend?
The last dividend was paid out on 10/23/2024.
What was the dividend of Gentex in the year 2023?
In the year 2023, Gentex distributed 0.48 USD as dividends.
In which currency does Gentex pay out the dividend?
The dividends of Gentex are distributed in USD.
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Andere Kennzahlen von Gentex
Our stock analysis for Gentex Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gentex Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
