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Gentex (Gentex) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Gentex Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gentex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Gentex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Gentex's annualized EBITDA for the quarter that ended in Dec. 2023 was $620 Mil. Gentex's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Gentex's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gentex was 0.56. The lowest was 0.00. And the median was 0.37.

GNTX's Debt-to-EBITDA is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.36
* Ranked among companies with meaningful Debt-to-EBITDA only.

Gentex Debt-to-EBITDA Historical Data

The historical data trend for Gentex's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gentex Debt-to-EBITDA Chart

Gentex Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Gentex Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Gentex's Debt-to-EBITDA

For the Auto Parts subindustry, Gentex's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gentex's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gentex's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gentex's Debt-to-EBITDA falls into.



Gentex Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gentex's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 589.052
=0.00

Gentex's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 620.38
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.


Gentex  (NAS:GNTX) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Gentex Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Gentex's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Gentex (Gentex) Business Description

Traded in Other Exchanges
Address
600 North Centennial Street, Zeeland, MI, USA, 49464
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.
Executives
Anderson Joseph B Jr director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Kathleen Starkoff director 4304 SUNBURY ROAD, GALENA OH 43021-9318
Gary F Goode director 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
James A Hollars director 23880 MESSINA COURT, BONITA SPRINGS FL 34134
Richard O Schaum director 388 WARREN COURT, BIRMINGHAM MI 48009
Neil Boehm officer: Chief Technology Officer 600 N. CENTENNIAL STREET, ZEELAND MI 49464
Scott P Ryan officer: General Counsel 7592 KIRKWOOD TRAIL SE, ALTO MI 49302
Steven R Downing officer: Chief Financial Officer 14814 CREEK EDGE DRIVE, HOLLAND MI 49424
James H Wallace director 2625 WYNDBEND BLVD, POWELL OH 43065
John A Mulder director 16680 LYONHURST CIRCLE, NORTHVILLE MI 48167
Ling Zang director 6291 SHENANDOAH PARK AVE, SALT LAKE CITY UT 84121
Matthew Chiodo officer: Vice President of Sales 600 N. CENTENNIAL STREET, ZEELAND MI 49464
Kevin C Nash officer: Chief Accounting Officer 2608 104TH AVENUE, ZEELAND MI 49464
Frederick A Sotok director
Brian C Walker director