Financial Statements

Gentex Corporation (GNTX)


-0.56 (-2.06%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 1,0421,0901,1161,102-
Net Income 319361348425438
Stock Dividends -100-293-257-294781
Dividend Paid -113-115-117-116-117
Retained Earnings 1,1481,0421,0901,1161,102

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 464468498498-
Annual Depreciation 86652284584
Capital Expenditure --69-52-85-86
Net PPE 550464468498498

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -307307312314
New Purchases -332-153-74-113-34
Intangible and Goodwill 307307312314314

Gentex Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Gentex Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.