Gentex Corporation (GNTX) Balance Sheet
GNTX balance sheet, 2025
December 31, 2025 · U.S. dollars$2.93B assets = $437.7M liabilities + $2.49B equity
Both columns are drawn to the same scale: what GNTX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GNTX financial health
Descriptive bands, not a rating. Fiscal 2025.
GNTX balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.31B2016 | $2.93B2025 | +2.7%/yr | |
| Total liabilities | $399.2M2016 | $437.7M2025 | +1.0%/yr | |
| Shareholders’ equity | $1.91B2016 | $2.49B2025 | +3.0%/yr | |
| Cash & short-term investments | $723.5M2016 | $151.0M2025 | −16.0%/yr | |
| Total debt | $185.6M2016 | $3.8M2025 | −35.1%/yr | |
| Net cash (debt) | $537.9M2016 | $147.2M2025 | −$390.6M | |
| Working capital | $1.01B2016 | $740.9M2025 | −$264.2M | |
| Book value per share | $6.562016 | $11.332025 | +6.3%/yr | |
| Current ratio | 7.712016 | 2.912025 | −4.80 | |
| Debt / equity | 0.102016 | 0.002025 | −0.10 | |
| Shares outstanding | 291.1M2016 | 219.5M2025 | −3.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GNTX assets
GNTX liabilities and equity
GNTX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GNTX balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $151.0M | $255.6M | $240.8M | $241.8M | $267.7M | $450.5M | $436.7M | $386.4M | $722.3M | $723.5M |
| Cash & equivalents | $145.6M | $233.3M | $226.4M | $218.8M | $262.3M | $423.4M | $296.3M | $217.0M | $722.3M | $723.5M |
| Short-term investments | $5.4M | $22.3M | $14.4M | $23.0M | $5.4M | $27.2M | $140.4M | $169.4M | $152.5M | $177.0M |
| Receivables | $368.5M | $295.3M | $321.8M | $276.5M | $249.8M | $284.9M | $235.4M | $213.5M | $231.1M | $211.6M |
| Inventory | $516.3M | $436.5M | $402.5M | $404.4M | $316.3M | $226.3M | $248.9M | $225.3M | $216.8M | $189.3M |
| Other current assets | $92.6M | $49.9M | $32.7M | $26.0M | $39.2M | $17.6M | $29.3M | $25.7M | $14.4M | $30.6M |
| Total current assets | $1.13B | $1.04B | $997.7M | $948.7M | $873.0M | $979.3M | $950.4M | $850.9M | $1.18B | $1.15B |
| Property, plant & equipment (net) | $790.9M | $728.5M | $652.9M | $550.0M | $464.1M | $468.1M | $498.3M | $498.5M | $492.5M | $465.8M |
| Goodwill & intangible assets | $546.6M | $602.3M | $554.1M | $533.2M | $586.6M | $561.7M | $557.7M | $598.1M | $617.2M | $638.9M |
| Long-term investments | $273.0M | $339.6M | $299.1M | $202.3M | $207.7M | $162.0M | $139.9M | $138.0M | $57.8M | $49.9M |
| Other non-current assets | $189.7M | $53.2M | $174.4M | $155.2M | $0 | $53.1M | $38.1M | $0 | $0 | $0 |
| Total assets | $2.93B | $2.76B | $2.68B | $2.39B | $2.13B | $2.22B | $2.18B | $2.09B | $2.35B | $2.31B |
| Liabilities | ||||||||||
| Accounts payable | $249.0M | $168.3M | $184.4M | $151.7M | $98.3M | $84.8M | $97.6M | $92.8M | $89.9M | $80.0M |
| Short-term debt | $3.8M | $1.9M | $1.9M | — | — | $78.0M | — | — | $78.0M | $7.5M |
| Deferred revenue | — | — | — | — | — | $39.0M | — | — | $61.6M | $50.8M |
| Total current liabilities | $387.5M | $252.7M | $271.6M | $250.6M | $181.7M | $177.7M | $171.8M | $169.2M | $243.6M | $149.9M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $178.1M |
| Other long-term liabilities | $50.1M | $36.0M | $94.1M | $73.0M | $11.7M | $82.5M | $74.5M | $69.6M | $75.7M | $71.2M |
| Total liabilities | $437.7M | $288.7M | $365.7M | $323.6M | $193.4M | $260.3M | $246.4M | $238.7M | $319.4M | $399.2M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $12.9M | $13.6M | $13.9M | $14.1M | $14.2M | $14.6M | $15.1M | $15.6M | $16.8M | $17.3M |
| Retained earnings (deficit) | $1.47B | $1.45B | $1.34B | $1.15B | $1.04B | $1.09B | $1.12B | $1.10B | $1.30B | $1.21B |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | $267,754 | −$6.4M | −$6.6M | −$14.1M | $1.9M | $6.9M | −$1.3M | −$1.6M | $7.2M | −$1.3M |
| Minority interest | $3.1M | $4.1M | $0 | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $2.49B | $2.47B | $2.31B | $2.07B | $1.94B | $1.96B | $1.94B | $1.86B | $2.05B | $1.91B |
| Key figures | ||||||||||
| Total debt | $3.8M | $4.7M | $3.6M | — | — | $78.0M | — | — | $78.0M | $185.6M |
| Net cash (debt) | $147.2M | $250.9M | $237.2M | — | — | $372.5M | — | — | $644.3M | $537.9M |
| Working capital | $740.9M | $784.6M | $726.1M | $698.1M | $691.3M | $801.6M | $778.5M | $681.8M | $940.9M | $1.01B |
| Tangible book value | $1.94B | $1.87B | $1.76B | $1.53B | $1.35B | $1.40B | $1.38B | $1.26B | $1.43B | $1.27B |
| Book value per share | $11.33 | $10.92 | $10.07 | $8.93 | $8.19 | $8.06 | $7.65 | $6.90 | $7.11 | $6.56 |
| Shares outstanding | 219.5M | 226.0M | 229.7M | 231.2M | 236.6M | 243.7M | 253.3M | 269.9M | 288.2M | 291.1M |
| Current ratio | 2.91 | 4.11 | 3.67 | 3.79 | 4.81 | 5.51 | 5.53 | 5.03 | 4.86 | 7.71 |
| Quick ratio | 1.34 | 2.18 | 2.07 | 2.07 | 2.85 | 4.14 | 3.91 | 3.55 | 3.91 | 6.24 |
| Debt / equity | 0.00 | 0.00 | 0.00 | — | — | 0.04 | — | — | 0.04 | 0.10 |
| Equity / assets | 84.9% | 89.4% | 86.3% | 86.5% | 90.9% | 88.3% | 88.7% | 89.3% | 87.1% | 82.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $242.8M | $175.0M | $151.0M | $183.4M | $141.1M | $307.1M | $255.6M | $200.1M | $275.8M | $265.8M | $240.8M | $278.1M |
| Cash & equivalents | $233.4M | $164.8M | $145.6M | $178.6M | $119.8M | $286.6M | $233.3M | $179.6M | $260.2M | $249.0M | $226.4M | $260.6M |
| Short-term investments | $9.4M | $10.3M | $5.4M | $4.8M | $21.3M | $20.5M | $22.3M | $20.5M | $15.5M | $16.8M | $14.4M | $17.5M |
| Receivables | $386.3M | $419.5M | $368.5M | $384.7M | $373.0M | $330.6M | $295.3M | $356.3M | $306.6M | $341.6M | $321.8M | $351.1M |
| Inventory | $519.0M | $523.5M | $516.3M | $499.2M | $475.7M | $408.9M | $436.5M | $449.3M | $463.5M | $436.5M | $402.5M | $395.5M |
| Other current assets | $101.2M | $90.2M | $92.6M | $101.2M | $72.2M | $42.0M | $49.9M | $39.9M | $38.0M | $28.7M | $32.7M | $30.8M |
| Total current assets | $1.25B | $1.21B | $1.13B | $1.17B | $1.06B | $1.09B | $1.04B | $1.05B | $1.08B | $1.07B | $997.7M | $1.06B |
| Property, plant & equipment (net) | $780.2M | $786.3M | $790.9M | $799.5M | $783.9M | $734.6M | $728.5M | $703.6M | $679.5M | $664.8M | $652.9M | $606.2M |
| Goodwill & intangible assets | $545.5M | $546.5M | $546.6M | $548.4M | $610.2M | $531.5M | $602.3M | $610.3M | $614.5M | $549.9M | $554.1M | $518.0M |
| Long-term investments | $238.5M | $270.1M | $273.0M | $247.4M | $267.0M | $300.6M | $339.6M | $325.6M | $308.1M | $311.0M | $299.1M | $272.6M |
| Other non-current assets | $204.4M | $186.5M | $189.7M | $175.1M | $90.7M | $127.2M | $53.2M | $50.2M | $52.3M | $114.9M | $174.4M | $106.0M |
| Total assets | $3.02B | $3.00B | $2.93B | $2.94B | $2.81B | $2.78B | $2.76B | $2.74B | $2.74B | $2.71B | $2.68B | $2.56B |
| Liabilities | ||||||||||||
| Accounts payable | $248.3M | $276.6M | $249.0M | $252.0M | $204.7M | $162.9M | $168.3M | $182.6M | $206.0M | $191.7M | $184.4M | $171.4M |
| Short-term debt | $3.71B | $7.2M | $3.8M | $7.6M | $7.3M | $2.1M | $1.9M | $2.1M | $2.1M | $2.3M | $1.9M | $1.6M |
| Deferred revenue | — | — | — | — | — | — | — | −$2.1M | — | — | — | −$1.6M |
| Total current liabilities | $423.5M | $444.6M | $387.5M | $394.5M | $336.9M | $266.6M | $252.7M | $283.2M | $304.7M | $304.4M | $271.6M | $274.4M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $53.4M | $47.5M | $50.1M | $46.8M | $43.8M | $36.5M | $36.0M | $34.5M | $33.3M | $32.4M | $94.1M | $15.5M |
| Total liabilities | $476.8M | $492.0M | $437.7M | $441.2M | $380.7M | $303.1M | $288.7M | $317.7M | $338.0M | $336.9M | $365.7M | $289.9M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $12.6M | $12.8M | $12.9M | $13.1M | $13.2M | $13.5M | $13.6M | $13.6M | $13.8M | $13.9M | $13.9M | $14.0M |
| Retained earnings (deficit) | $1.52B | $1.48B | $1.47B | $1.47B | $1.42B | $1.45B | $1.45B | $1.41B | $1.39B | $1.38B | $1.34B | $1.31B |
| Accumulated other comprehensive income | $1.7M | $1.2M | $267,754 | −$2.6M | −$3.4M | −$5.0M | −$6.4M | −$2.9M | −$8.0M | −$7.5M | −$6.6M | −$13.7M |
| Minority interest | $2.8M | $3.0M | $3.1M | $2.3M | $3.1M | — | — | — | — | — | — | — |
| Total shareholders' equity | $2.54B | $2.50B | $2.49B | $2.50B | $2.43B | $2.48B | $2.47B | $2.42B | $2.40B | $2.38B | $2.31B | $2.27B |
| Key figures | ||||||||||||
| Total debt | $3.71B | $10.8M | $3.8M | $18.5M | $18.6M | $7.6M | $4.7M | $8.6M | $8.9M | $9.5M | $3.6M | $3.6M |
| Net cash (debt) | −$3.46B | $164.2M | $147.2M | $164.9M | $122.5M | $299.5M | $250.9M | $191.5M | $266.8M | $256.2M | $237.2M | $274.5M |
| Working capital | $825.8M | $763.6M | $740.9M | $774.0M | $725.0M | $822.0M | $784.6M | $762.5M | $779.2M | $768.2M | $726.1M | $781.0M |
| Tangible book value | $1.99B | $1.96B | $1.94B | $1.95B | $1.82B | $1.95B | $1.87B | $1.81B | $1.79B | $1.83B | $1.76B | $1.75B |
| Book value per share | $11.95 | $11.69 | $11.33 | $11.37 | $10.76 | $10.98 | $10.67 | $10.69 | $10.51 | $10.40 | $9.99 | $9.84 |
| Shares outstanding | 212.4M | 214.0M | 219.5M | 219.5M | 225.9M | 225.9M | 231.2M | 226.2M | 228.4M | 228.4M | 231.5M | 230.5M |
| Current ratio | 2.95 | 2.72 | 2.91 | 2.96 | 3.15 | 4.08 | 4.11 | 3.69 | 3.56 | 3.52 | 3.67 | 3.85 |
| Quick ratio | 1.49 | 1.34 | 1.34 | 1.44 | 1.53 | 2.39 | 2.18 | 1.97 | 1.91 | 2.00 | 2.07 | 2.29 |
| Debt / equity | 1.46 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 84.1% | 83.5% | 84.9% | 84.9% | 86.4% | 89.1% | 89.4% | 88.4% | 87.7% | 87.6% | 86.3% | 88.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 24, 2026); data from EODHD.
GNTX financial position
At the end of fiscal 2025 (December 31, 2025), Gentex had total assets of $2.9 billion (up 6.1% from a year earlier), total liabilities of $437.7 million and shareholders' equity of $2.5 billion. It held $151.0 million in cash and short-term investments against $3.8 million of debt, a net cash position of $147.2 million. Its current ratio was 2.91. In the latest quarter (ended June 30, 2026) total assets were $3.0 billion and equity $2.5 billion.
Related: GNTX income statement, GNTX cash flow statement, GNTX key metrics. See the GNTX stock overview for the latest quote and news.
GNTX balance sheet FAQ
What are Gentex's total assets?
Gentex reported total assets of $2.9 billion at the end of fiscal 2025 (December 31, 2025), compared with $2.8 billion a year earlier.
How much debt does Gentex have?
Gentex had $3.8 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.00.
How much cash does Gentex have?
Gentex held $151.0 million in cash and short-term investments at the end of fiscal 2025; with $3.8 million of debt that is net cash of $147.2 million.
What is Gentex's book value?
Gentex's shareholders' equity (book value) was $2.5 billion at the end of fiscal 2025, or $11.33 per share.
What is Gentex's current ratio?
Gentex had current assets of $1.1 billion and current liabilities of $387.5 million, a current ratio of 2.91 (it can cover its short-term obligations).
How much goodwill does Gentex have?
Gentex carried $546.6 million of goodwill and intangible assets, 18.7% of total assets, at the end of fiscal 2025.