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Gentex Corp has the Lowest Debt-to-Capital Ratio in the Auto Parts & Equipment Industry (GNTX, MPAA, SMP, STRT, THRM)

By Amy Schwartz

Below are the three companies in the Auto Parts & Equipment industry with the lowest Debt-to-Capital ratios. The debt-to-capital ratio is an important measure of how a company is financing its operations along with some insight into its financial strength, relative to other companies in its industry.

Gentex Corp ranks lowest with a a Debt-to-Capital ratio of 366.6%. Following is Motorcar Parts with a a Debt-to-Capital ratio of 1,187.5%. Standard Motor ranks third lowest with a a Debt-to-Capital ratio of 1,198.6%.

Strattec Sec follows with a a Debt-to-Capital ratio of 1,827.5%, and Gentherm Inc rounds out the bottom five with a a Debt-to-Capital ratio of 2,071.0%.

SmarTrend recommended that subscribers consider buying shares of Gentex Corp on June 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $23.24. Since that recommendation, shares of Gentex Corp have risen 13.1%. We continue to monitor Gentex Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest debt-to-capital ratio gentex corp motorcar parts standard motor strattec sec gentherm inc

Ticker(s): GNTX MPAA SMP STRT THRM