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Relatively Low Debt-to-Capital Ratio Detected in Shares of Gentex Corp in the Auto Parts & Equipment Industry (GNTX, MPAA, SMP, STRT, THRM)

By James Quinn

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 1,479.9%, and Gentherm Inc rounds out the bottom five with a a Debt-to-Capital ratio of 2,071.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of Strattec Sec on February 4th, 2019 by issuing a Downtrend alert when the shares were trading at $32.79. Since that call, shares of Strattec Sec have fallen 10.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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

Ticker(s): GNTX MPAA SMP STRT THRM