Gentex corporation (GNTX)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
CURRENT ASSETS
Cash and cash equivalents

278

296

260

260

221

217

194

296

524

569

561

580

559

546

534

499

626

551

564

569

549

497

433

391

374

309

226

502

442

389

381

375

370

357

397

444

440

348

303

295

336

Short-term investments

131

140

207

190

180

169

143

171

152

152

178

184

176

177

152

145

9

4

-

-

-

0

-

-

-

-

0

92

75

60

21

45

51

60

59

24

41

86

85

85

17

Accounts receivable, net

233

235

253

226

244

213

247

239

246

231

240

229

249

211

229

219

223

195

208

196

201

168

186

178

171

143

152

120

121

109

126

129

139

110

130

111

116

95

106

93

71

Inventories

251

248

238

225

225

225

213

212

207

216

206

196

197

189

179

176

188

174

164

150

145

141

135

125

128

120

117

116

130

159

177

192

200

188

151

119

104

100

92

79

53

Prepaid expenses and other

16

29

28

27

14

25

29

23

11

14

16

13

11

30

13

15

11

57

41

38

33

49

44

38

29

28

27

24

24

24

33

32

23

34

20

25

20

24

20

23

27

Total current assets

910

950

987

930

886

850

827

943

1,141

1,184

1,203

1,204

1,194

1,154

1,108

1,055

1,060

984

979

955

930

856

799

733

703

601

523

855

795

744

739

776

786

752

758

725

722

655

608

577

505

PLANT AND EQUIPMENT:
Land, buildings and improvements

-

-

-

-

-

340

-

-

-

317

-

-

-

294

-

-

-

232

-

-

-

231

-

-

-

223

-

-

-

198

-

-

-

130

-

-

-

120

-

-

112

Machinery and equipment

-

-

-

-

-

838

-

-

-

790

-

-

-

721

-

-

-

616

-

-

-

554

-

-

-

507

-

-

-

472

-

-

-

415

-

-

-

352

-

-

327

Construction-in-process

-

-

-

-

-

18

-

-

-

35

-

-

-

30

-

-

-

84

-

-

-

56

-

-

-

41

-

-

-

45

-

-

-

58

-

-

-

13

-

-

6

Total Plant and Equipment

-

-

-

-

-

1,197

-

-

-

1,144

-

-

-

1,047

-

-

-

933

-

-

-

842

-

-

-

772

-

-

-

716

-

-

-

603

-

-

-

486

-

-

446

Less- Accumulated depreciation

-

-

-

-

-

699

-

-

-

651

-

-

-

581

-

-

-

521

-

-

-

468

-

-

-

415

-

-

-

366

-

-

-

321

-

-

-

281

-

-

249

PLANT AND EQUIPMENT—NET

493

498

491

501

492

498

497

499

496

492

493

482

473

465

450

431

414

412

388

375

372

373

363

358

358

357

351

345

348

349

341

326

309

282

256

232

213

205

196

196

197

OTHER ASSETS
Goodwill

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

307

337

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Long-term investments

177

139

103

121

126

137

141

141

3

57

51

49

61

49

57

73

71

95

94

114

115

114

104

109

108

107

114

136

158

141

145

137

146

128

106

142

142

129

123

112

109

Intangible assets, net

245

250

255

260

264

269

274

279

284

288

293

298

303

308

313

317

322

327

332

337

342

346

351

356

361

366

370

27

28

0

28

12

13

13

12

12

13

13

13

13

10

Patents and other assets, net

23

22

22

22

22

21

21

21

21

20

21

21

23

23

20

21

21

21

22

22

23

23

23

24

24

25

-

-

-

29

-

-

-

-

-

-

-

-

-

-

-

Total other assets

754

720

687

711

721

736

744

749

616

675

674

676

695

688

698

719

722

751

756

782

788

792

787

798

802

805

822

164

186

171

173

150

159

141

119

155

155

142

137

126

119

Total assets

2,158

2,168

2,167

2,142

2,100

2,085

2,069

2,192

2,254

2,352

2,371

2,364

2,363

2,309

2,258

2,207

2,197

2,148

2,124

2,112

2,091

2,022

1,950

1,890

1,865

1,764

1,697

1,366

1,330

1,265

1,254

1,254

1,255

1,176

1,134

1,114

1,091

1,002

942

900

822

LIABILITIES AND SHAREHOLDERS’ INVESTMENT
CURRENT LIABILITIES
Accounts payable

100

97

95

90

90

92

90

106

77

89

79

82

77

79

71

81

79

66

83

69

73

71

68

55

64

56

50

43

33

43

52

53

72

65

70

63

61

40

50

44

27

Accrued liabilities:
Salaries, wages and vacation

-

-

-

-

-

15

-

-

-

18

-

-

-

12

-

-

-

9

-

-

-

8

-

-

-

7

-

-

-

7

-

-

-

6

-

-

-

5

-

-

4

Income taxes

-

-

-

-

-

4

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

13

-

-

-

1

-

-

-

0

-

-

-

-

-

-

3

Royalties

-

-

-

-

-

16

-

-

-

14

-

-

-

11

-

-

-

10

-

-

-

12

-

-

-

9

-

-

-

9

-

-

-

6

-

-

-

4

-

-

3

Dividends payable

-

-

-

-

-

28

-

-

-

28

-

-

-

25

-

-

-

24

-

-

-

23

-

-

-

20

-

-

-

18

-

-

-

17

-

-

-

15

-

-

15

Current portion of long-term debt

75

0

-

-

-

-

0

23

50

78

-

-

-

7

-

-

-

7

-

-

-

7

-

-

-

7

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

11

-

-

-

14

-

-

-

11

-

-

-

12

-

-

-

9

-

-

-

5

-

-

-

7

-

-

-

4

-

-

-

5

-

-

4

Accrued liabilities

88

74

86

87

94

-

82

84

100

-

185

188

196

-

85

87

115

-

97

85

90

-

74

72

102

-

70

60

76

-

52

52

57

-

46

40

54

-

33

39

-

Total current liabilities

263

171

182

177

184

169

172

214

228

243

264

271

274

149

156

169

195

131

181

155

163

133

143

128

167

119

120

103

109

87

104

106

130

100

116

103

115

72

83

83

58

OTHER NON-CURRENT LIABILITIES

9

7

6

6

5

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED INCOME TAXES

50

51

56

54

53

54

53

56

56

58

80

79

77

71

50

46

44

69

43

55

58

59

49

51

49

50

53

55

58

56

58

53

54

48

34

46

41

37

29

23

28

LONG TERM DEBT

-

-

-

-

-

-

-

-

-

-

0

9

36

178

195

206

208

225

227

254

256

258

260

261

263

265

267

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

323

230

245

238

243

223

226

270

284

302

345

360

388

399

402

422

448

426

452

465

477

451

452

442

480

436

441

-

-

144

-

-

-

-

-

-

-

-

-

-

-

SHAREHOLDERS’ INVESTMENT
Preferred stock, no par value, 5,000,000 shares authorized; none issued or outstanding

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

Common stock

14

15

15

15

15

15

15

16

16

16

17

17

17

17

17

17

17

17

17

17

17

17

8

8

8

17

8

8

8

8

8

8

8

8

8

8

8

8

8

8

8

Additional paid-in capital

801

807

799

777

748

745

743

748

742

723

713

706

701

683

655

638

607

596

584

575

567

553

515

501

490

470

455

444

429

418

410

410

401

395

379

368

359

347

309

300

270

Retained earnings

1,018

1,116

1,107

1,111

1,093

1,102

1,086

1,157

1,208

1,301

1,289

1,276

1,254

1,210

1,184

1,132

1,126

1,109

1,070

1,046

1,019

988

959

919

866

818

768

733

701

676

655

660

638

610

587

561

540

514

493

474

438

Accumulated other comprehensive income:
Unrealized gain on investments

-

-

-

-

-

0

-

-

-

6

-

-

-

2

-

-

-

0

-

-

-

10

-

-

-

19

-

-

-

15

-

-

-

10

-

-

-

21

-

-

15

Unrealized gain (loss) on derivatives

-

-

-

-

-

-

-

-

-

-0

-

-

-

-1

-

-

-

-1

-

-

-

-0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cumulative translation adjustment

-

-

-

-

-

-1

-

-

-

0

-

-

-

-2

-

-

-

-0

-

-

-

1

-

-

-

2

-

-

-

2

-

-

-

2

-

-

-

0

-

-

2

Accumulated other comprehensive income (loss)

0

-1

-0

0

-0

-

-2

-0

2

-

6

3

0

-

-0

-3

-1

-

-1

7

8

-

14

17

19

-

22

20

22

-

18

15

21

-

7

24

27

-

18

9

-

Total shareholders’ investment

1,834

1,938

1,921

1,904

1,857

1,861

1,843

1,921

1,969

2,049

2,026

2,003

1,974

1,910

1,856

1,784

1,748

1,722

1,671

1,647

1,613

1,571

1,497

1,447

1,384

1,327

1,255

1,207

1,162

1,120

1,092

1,094

1,070

1,027

983

963

934

893

829

793

735

Total liabilities and shareholders’ investment

2,158

2,168

2,167

2,142

2,100

2,085

2,069

2,192

2,254

2,352

2,371

2,364

2,363

2,309

2,258

2,207

2,197

2,148

2,124

2,112

2,091

2,022

1,950

1,890

1,865

1,764

1,697

1,366

1,330

1,265

1,254

1,254

1,255

1,176

1,134

1,114

1,091

1,002

942

900

822