Based on the analysis of Garmin's profitability, liquidity, and operating efficiency, Garmin is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in July. At this time, Garmin's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 5th of June 2024, Inventory is likely to grow to about 1.4 B, while Short and Long Term Debt Total is likely to drop about 60.5 M. Key indicators impacting Garmin's financial strength include:
The financial analysis of Garmin is a critical element in measuring its lifeblood. Investors should not minimize Garmin's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Cash And Equivalents
934.71 Million
Garmin
Select Account or Indicator
Market Cap
Enterprise Value
Price To Sales Ratio
Dividend Yield
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Invested Capital
Operating Cash Flow Per Share
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Sales General And Administrative To Revenue
Research And Ddevelopement To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Payout Ratio
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Dividend Payout Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change To Inventory
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Cashflows From Financing Activities
Depreciation
Other Non Cash Items
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Change To Netincome
Change To Liabilities
Sale Purchase Of Stock
Change To Account Receivables
Stock Based Compensation
Investments
Change Receivables
Total Cashflows From Investing Activities
Exchange Rate Changes
Cash And Cash Equivalents Changes
Cash Flows Other Operating
Other Cashflows From Investing Activities
Change To Operating Activities
Total Assets
Short Long Term Debt Total
Other Current Liab
Total Current Liabilities
Total Stockholder Equity
Property Plant And Equipment Net
Net Debt
Retained Earnings
Accounts Payable
Cash
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Net Receivables
Common Stock Shares Outstanding
Liabilities And Stockholders Equity
Non Current Liabilities Total
Inventory
Other Current Assets
Other Stockholder Equity
Total Liab
Total Current Assets
Accumulated Other Comprehensive Income
Short Term Debt
Common Stock
Other Liab
Other Assets
Cash And Equivalents
Intangible Assets
Property Plant Equipment
Current Deferred Revenue
Common Stock Total Equity
Short Term Investments
Property Plant And Equipment Gross
Good Will
Net Tangible Assets
Retained Earnings Total Equity
Capital Surpluse
Deferred Long Term Liab
Long Term Investments
Treasury Stock
Non Current Liabilities Other
Accumulated Depreciation
Deferred Long Term Asset Charges
Net Invested Capital
Net Working Capital
Capital Lease Obligations
Depreciation And Amortization
Interest Expense
Total Revenue
Gross Profit
Other Operating Expenses
Operating Income
Ebit
Research Development
Ebitda
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Income Tax Expense
Selling General Administrative
Net Income Applicable To Common Shares
Selling And Marketing Expenses
Net Income From Continuing Ops
Non Operating Income Net Other
Tax Provision
Interest Income
Net Interest Income
Reconciled Depreciation
Probability Of Bankruptcy
Understanding current and past Garmin Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Garmin's financial statements are interrelated, with each one affecting the others. For example, an increase in Garmin's assets may result in an increase in income on the income statement.
Garmin Earnings Geography
The data published in Garmin's official financial statements typically reflect Garmin's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Garmin's quantitative information. For example, before you start analyzing numbers published by Garmin accountants, it’s essential to understand Garmin's liquidity, profitability, and earnings quality within the context of the Household Durables space in which it operates.
Garmin competes with Vontier Corp, Teledyne Technologies, ESCO Technologies, MKS Instruments, and Sensata Technologies. Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Garmin Ltd. was founded in 1989 and is based in Schaffhausen, Switzerland. Garmin operates under High Precision And Instrumentation Products classification in the United States and is traded on New York Stock Exchange. It employs 18700 people.
Garmin's financial ratios allow both analysts and investors to convert raw data from Garmin's financial statements into concise, actionable information that can be used to evaluate the performance of Garmin over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Garmin's current stock value. Our valuation model uses many indicators to compare Garmin value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Garmin competition to find correlations between indicators driving Garmin's intrinsic value. More Info.
Garmin is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.46 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Garmin is roughly 2.19 . At this time, Garmin's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Garmin's earnings, one of the primary drivers of an investment's value.
Garmin's Earnings Breakdown by Geography
Garmin Systematic Risk
Garmin's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Garmin volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Garmin correlated with the market. If Beta is less than 0 Garmin generally moves in the opposite direction as compared to the market. If Garmin Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Garmin is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Garmin is generally in the same direction as the market. If Beta > 1 Garmin moves generally in the same direction as, but more than the movement of the benchmark.
Garmin Thematic Clasifications
Garmin is part of Technology investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics
This theme covers Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. Get More Thematic Ideas
Today, most investors in Garmin Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Garmin's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Garmin growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Garmin help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Garmin. We use our internally-developed statistical techniques to arrive at the intrinsic value of Garmin based on widely used predictive technical indicators. In general, we focus on analyzing Garmin Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Garmin's daily price indicators and compare them against related drivers.
Additional Information and Resources on Investing in Garmin Stock
When determining whether Garmin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Garmin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Garmin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Garmin Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Consumer Electronics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Garmin. If investors know Garmin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Garmin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.362
Dividend Share
2.92
Earnings Share
7.08
Revenue Per Share
28.525
Quarterly Revenue Growth
0.204
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Garmin's market value can be influenced by many factors that don't directly affect Garmin's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.