Gentex Corporation (GNTX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.21B | 1.13B | 1.17B | 1.06B | 1.09B | 1.04B | 1.05B | 1.08B | 1.07B | 997.74M | 1.06B | 1.03B | 1.01B | 948.65M | 989.32M | 991.89M | 955.53M | 872.98M | 874.71M | 924.58M |
| Cash & Short-Term Investments | 175.05M | 151.03M | 183.4M | 141.08M | 307.11M | 255.62M | 200.1M | 275.78M | 265.76M | 240.79M | 278.1M | 257.84M | 245.09M | 241.76M | 239.06M | 281.36M | 286.6M | 267.74M | 276.9M | 366.83M |
| Cash Only | 164.76M | 145.65M | 178.59M | 119.77M | 286.56M | 233.32M | 179.64M | 260.24M | 249M | 226.44M | 260.63M | 237.67M | 219.45M | 218.75M | 222.93M | 269.37M | 279.71M | 262.31M | 269.97M | 353.03M |
| Short-Term Investments | 10.29M | 5.39M | 4.82M | 21.3M | 20.55M | 22.3M | 20.46M | 15.53M | 16.76M | 14.36M | 17.46M | 20.17M | 25.64M | 23.01M | 16.12M | 11.99M | 6.89M | 5.42M | 6.94M | 13.8M |
| Accounts Receivable | 419.47M | 368.52M | 384.67M | 372.96M | 330.63M | 295.34M | 356.34M | 306.57M | 341.59M | 321.81M | 351.14M | 350.41M | 332.87M | 276.49M | 292.41M | 274.4M | 281.46M | 249.79M | 241.23M | 234.15M |
| Days Sales Outstanding | 52.5 | 53.77 | 53.19 | 48.66 | 48.84 | 55.35 | 50.11 | 51.47 | 51.14 | 52.54 | 56.04 | 53.28 | 49.79 | 53.01 | 52.82 | 54.58 | 51.05 | 53.8 | 54.72 | 54.41 |
| Inventory | 523.51M | 516.25M | 499.24M | 475.72M | 408.94M | 436.5M | 449.31M | 463.49M | 436.54M | 402.47M | 395.45M | 390.03M | 401.77M | 404.36M | 418.29M | 392.58M | 362.74M | 316.27M | 292.6M | 263.9M |
| Days Inventory Outstanding | 104.72 | 111.25 | 104.28 | 93.05 | 98.81 | 111.51 | 103.81 | 106.54 | 98.39 | 95.15 | 93.99 | 92.28 | 96.47 | 111.36 | 107.67 | 109.08 | 99.26 | 101.5 | 98.95 | 81.81 |
| Other Current Assets | 90.17M | 92.63M | 101.15M | 72.22M | 42M | 0 | 39.93M | 38.05M | 28.7M | 32.66M | 30.76M | 27.03M | 4M | 26.04M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 1.79B | 1.8B | 1.77B | 1.75B | 1.69B | 1.72B | 1.69B | 1.65B | 1.64B | 1.68B | 1.5B | 1.46B | 1.43B | 1.44B | 1.32B | 1.29B | 1.22B | 1.26B | 1.24B | 1.24B |
| Property, Plant & Equipment | 786.33M | 790.94M | 799.5M | 783.86M | 734.55M | 728.48M | 703.58M | 679.49M | 664.79M | 652.88M | 606.18M | 596.69M | 575.28M | 550.03M | 526.68M | 488.91M | 468.41M | 464.12M | 451.81M | 458.94M |
| Fixed Asset Turnover | 0.86x | 0.81x | 0.83x | 0.87x | 0.79x | 0.76x | 0.88x | 0.85x | 0.90x | 0.94x | 0.96x | 1.00x | 0.98x | 0.92x | 0.97x | 0.97x | 1.00x | 0.92x | 0.88x | 0.93x |
| Goodwill | 360.92M | 357.21M | 356.91M | 340.67M | 340.67M | 340.67M | 340.11M | 340.11M | 340.11M | 340.11M | 313.16M | 313.65M | 313.69M | 313.81M | 313.85M | 313.86M | 313.93M | 313.96M | 314.81M | 311.92M |
| Intangible Assets | 185.6M | 189.34M | 191.44M | 269.57M | 190.83M | 261.58M | 270.17M | 274.42M | 209.81M | 214.01M | 204.89M | 209.71M | 309.95M | 219.36M | 287.36M | 292.15M | 266.69M | 272.64M | 270.43M | 277.94M |
| Long-Term Investments | 270.09M | 272.98M | 247.36M | 267.05M | 300.63M | 339.6M | 325.56M | 308.05M | 311.03M | 299.08M | 272.62M | 239.62M | 229.4M | 202.33M | 194.11M | 197.64M | 175.82M | 207.69M | 204.67M | 193.42M |
| Other Non-Current Assets | 77.05M | 81.36M | 82.41M | 0 | 73.58M | 0 | 1K | 0 | 70.15M | 66.52M | 69.51M | 73.18M | -23.8B | 67.52M | 102.85B | 50.75M | 19.62M | 33.45M | -17.68B | -35.41B |
| Total Assets | 3B | 2.93B | 2.94B | 2.81B | 2.78B | 2.76B | 2.74B | 2.74B | 2.71B | 2.68B | 2.56B | 2.49B | 2.43B | 2.39B | 2.31B | 2.28B | 2.18B | 2.13B | 2.12B | 2.17B |
| Asset Turnover | 0.23x | 0.22x | 0.23x | 0.24x | 0.21x | 0.20x | 0.22x | 0.21x | 0.22x | 0.23x | 0.23x | 0.24x | 0.23x | 0.21x | 0.21x | 0.21x | 0.22x | 0.20x | 0.19x | 0.19x |
| Asset Growth % | 7.73% | 6.08% | 7.44% | 2.76% | 2.56% | 3.09% | 6.92% | 10.1% | 11.5% | 12.09% | 10.69% | 8.87% | 11.6% | 12.1% | 9.21% | 5.43% | -2.77% | -4.17% | -3.47% | 3.13% |
| Total Current Liabilities | 444.58M | 387.54M | 394.46M | 336.93M | 266.63M | 252.69M | 283.16M | 304.73M | 304.41M | 271.61M | 274.41M | 276.06M | 297.03M | 250.55M | 265.16M | 286.17M | 239.22M | 181.66M | 192.44M | 196.4M |
| Accounts Payable | 276.65M | 248.98M | 252.04M | 204.68M | 162.9M | 168.31M | 182.61M | 206M | 191.74M | 184.4M | 171.36M | 168.46M | 166.92M | 151.74M | 171.44M | 186.62M | 140.89M | 98.34M | 100.53M | 101.26M |
| Days Payables Outstanding | 52.94 | 54.89 | 48.85 | 38.66 | 38.71 | 44.18 | 44.2 | 47.08 | 44.11 | 42.42 | 40.66 | 39.09 | 38.14 | 43.75 | 47.54 | 47.3 | 34.97 | 33.15 | 35.88 | 34.29 |
| Short-Term Debt | 7.21M | 3.8M | 7.57M | 3.93M | 2.05M | 0 | 2.08M | 2.13M | 2.31M | 0 | 1.63M | 1.77M | 1.57M | 0 | 1.15M | 1.27M | 1.3M | 0 | 1.25M | 1.38M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 160.72M | 0 | -3.44M | 0 | 0 | 64.41M | 0 | 0 | 0 | 63.79M | 101.41M | 105.84M | 128.54M | 62.57M | 92.58M | 98.28M | 97.04M | 69.1M | 90.66M | 93.75M |
| Current Ratio | 2.72x | 2.91x | 2.96x | 3.15x | 4.08x | 4.11x | 3.69x | 3.56x | 3.52x | 3.67x | 3.85x | 3.71x | 3.38x | 3.79x | 3.73x | 3.47x | 3.99x | 4.81x | 4.55x | 4.71x |
| Quick Ratio | 1.54x | 1.58x | 1.70x | 1.74x | 2.55x | 2.38x | 2.11x | 2.04x | 2.09x | 2.19x | 2.41x | 2.30x | 2.03x | 2.17x | 2.15x | 2.09x | 2.48x | 3.06x | 3.02x | 3.36x |
| Cash Conversion Cycle | 104.28 | 110.13 | 108.62 | 103.05 | 108.94 | 122.68 | 109.73 | 110.93 | 105.42 | 105.27 | 109.37 | 106.48 | 108.12 | 120.63 | 112.94 | 116.36 | 115.34 | 122.15 | 117.79 | 101.92 |
| Total Non-Current Liabilities | 47.45M | 50.12M | 46.76M | 43.76M | 36.5M | 36.03M | 34.5M | 33.26M | 32.44M | 94.06M | 15.46M | 15.1M | 13.06M | 73.03M | 12.11M | 11.71M | 12.19M | 11.75M | 36.36M | 54.08M |
| Long-Term Debt | 0 | 0 | 5.46M | 5.67M | 2.8M | 0 | 3.28M | 3.4M | 3.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 3.61M | 0 | 5.46M | 5.67M | 2.8M | 0 | 3.28M | 3.4M | 3.6M | 0 | 1.93M | 1.92M | 1.07M | 0 | 601.04K | 686.59K | 775.61K | 0 | 806.39K | 899.97K |
| Deferred Tax Liabilities | 940.13K | 908.92K | 1.67M | 0 | 0 | 0 | 0 | 0 | 0 | 66.75M | 0 | 0 | 0 | 62.14M | 0 | 0 | 0 | 0 | 17.68M | 35.41M |
| Other Non-Current Liabilities | 42.9M | 49.21M | 34.17M | 32.41M | 30.9M | 36.03M | 27.94M | 26.45M | 25.23M | 27.31M | 13.53M | 13.18M | 11.99M | 10.88M | 11.51M | 11.02M | 11.41M | 11.75M | 17.87M | 17.77M |
| Total Liabilities | 492.03M | 437.66M | 441.22M | 380.69M | 303.13M | 288.72M | 317.67M | 337.99M | 336.85M | 365.67M | 289.87M | 291.16M | 310.09M | 323.58M | 277.28M | 297.88M | 251.41M | 193.4M | 228.8M | 250.48M |
| Total Debt | 10.81M | 3.8M | 18.49M | 18.62M | 7.65M | 0 | 8.65M | 8.94M | 9.52M | 0 | 3.57M | 3.69M | 2.65M | 0 | 1.75M | 1.95M | 2.08M | 0 | 2.05M | 2.28M |
| Net Debt | -153.95M | -141.85M | -160.1M | -101.15M | -278.91M | -233.32M | -170.99M | -251.3M | -239.49M | -226.44M | -257.07M | -233.98M | -216.81M | -218.75M | -221.19M | -267.42M | -277.63M | -262.31M | -267.91M | -350.75M |
| Debt / Equity | 0.00x | 0.00x | 0.01x | 0.01x | 0.00x | - | 0.00x | 0.00x | 0.00x | - | 0.00x | 0.00x | 0.00x | - | 0.00x | 0.00x | 0.00x | - | 0.00x | 0.00x |
| Debt / EBITDA | 0.07x | 0.03x | 0.12x | 0.13x | 0.06x | - | 0.06x | 0.06x | 0.06x | - | 0.02x | 0.02x | 0.02x | - | 0.02x | 0.02x | 0.02x | - | 0.02x | 0.02x |
| Net Debt / EBITDA | -1.01x | -0.97x | -1.08x | -0.69x | -2.01x | -2.05x | -1.15x | -1.81x | -1.56x | -1.46x | -1.78x | -1.54x | -1.58x | -1.86x | -2.01x | -2.41x | -2.17x | -2.34x | -2.40x | -2.79x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 2.51B | 2.49B | 2.5B | 2.43B | 2.48B | 2.47B | 2.42B | 2.4B | 2.38B | 2.31B | 2.27B | 2.2B | 2.12B | 2.07B | 2.03B | 1.99B | 1.93B | 1.94B | 1.89B | 1.92B |
| Equity Growth % | 1.06% | 0.76% | 3.31% | 1.37% | 4.34% | 6.9% | 6.58% | 9.31% | 11.92% | 11.94% | 11.52% | 10.54% | 10.07% | 6.59% | 7.76% | 3.67% | -1.63% | -1.32% | -0.42% | 5.14% |
| Book Value per Share | 11.71 | 11.35 | 11.38 | 10.77 | 10.98 | 10.69 | 10.69 | 10.51 | 10.40 | 9.99 | 9.84 | 9.54 | 9.20 | 8.82 | 8.78 | 8.58 | 8.29 | 8.06 | 8.04 | 7.99 |
| Total Shareholders' Equity | 2.5B | 2.49B | 2.5B | 2.43B | 2.48B | 2.47B | 2.42B | 2.4B | 2.38B | 2.31B | 2.27B | 2.2B | 2.12B | 2.07B | 2.03B | 1.99B | 1.93B | 1.94B | 1.89B | 1.92B |
| Common Stock | 12.78M | 12.93M | 13.14M | 13.17M | 13.49M | 13.63M | 13.65M | 13.81M | 13.87M | 13.89M | 14M | 14.01M | 14.02M | 14.05M | 14.08M | 14.11M | 14.07M | 14.19M | 14.19M | 14.34M |
| Retained Earnings | 1.48B | 1.47B | 1.47B | 1.42B | 1.45B | 1.45B | 1.41B | 1.39B | 1.38B | 1.34B | 1.31B | 1.25B | 1.19B | 1.15B | 1.11B | 1.08B | 1.04B | 1.04B | 1.01B | 1.04B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1.22M | 267.75K | -2.65M | -3.4M | -5.03M | -6.41M | -2.89M | -7.98M | -7.47M | -6.56M | -13.67M | -13.24M | -12.22M | -14.14M | 3.29M | -10.96M | -5.13M | 1.93M | 3.27M | 4.27M |
| Minority Interest | 3.02M | 3.1M | 2.32M | 3.09M | 4.59M | 4.15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |