What is the equity of Gentex this year?
Gentex has equity of 2.31 B USD this year.
Gentex Equity 2024
Gentex Equity
2.31 B USD
Gentex Dividend yield
1.4 %
Ticker
GNTX
ISIN
US3719011096
WKN
868891
In 2024, Gentex's equity was 2.31 B USD, a 11.94% increase from the 2.07 B USD equity 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.Equity Details
Analyzing Gentex's Equity
Gentex's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Gentex's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Gentex's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Gentex's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Gentex’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Gentex Stock
What was the equity of Gentex compared to the previous year?
The equity of Gentex has increased/decreased by 11.94% increased compared to the previous year.
What impact does a high equity have on investors of Gentex?
A high equity is advantageous for investors of Gentex as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Gentex?
A low equity can be a risk for investors of Gentex, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Gentex affect the company?
An increase in equity of Gentex can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Gentex affect the company?
A reduction in equity of Gentex can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Gentex?
Some factors that can affect the equity of Gentex include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Gentex so important for investors?
The equity of Gentex is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Gentex take to change the equity?
To change equity, Gentex can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
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 1.4 %. 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 1.4 %.
When does Gentex pay dividends?
Gentex pays a quarterly dividend. This is distributed in the months of August, November, February, May.
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 1.54 %.
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 4/17/2024 amounting to 0.12 USD, you needed to have the stock in your portfolio before the ex-date on 4/4/2024.
When did Gentex pay the last dividend?
The last dividend was paid out on 4/17/2024.
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.
