Garmin Cash Flows Other Operating vs End Period Cash Flow Analysis
GRMN Stock | USD 215.40 0.18 0.08% |
Garmin financial indicator trend analysis is much more than just examining Garmin latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Garmin is a good investment. Please check the relationship between Garmin Cash Flows Other Operating and its End Period Cash Flow accounts. 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 closely tied 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.
Cash Flows Other Operating vs End Period Cash Flow
Cash Flows Other Operating vs End Period Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Garmin Cash Flows Other Operating account and End Period Cash Flow. At this time, the significance of the direction appears to have very week relationship.
The correlation between Garmin's Cash Flows Other Operating and End Period Cash Flow is 0.21. Overlapping area represents the amount of variation of Cash Flows Other Operating that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of Garmin, assuming nothing else is changed. The correlation between historical values of Garmin's Cash Flows Other Operating and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Flows Other Operating of Garmin are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Cash Flows Other Operating i.e., Garmin's Cash Flows Other Operating and End Period Cash Flow go up and down completely randomly.
Correlation Coefficient | 0.21 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Cash Flows Other Operating
End Period Cash Flow
Most indicators from Garmin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Garmin current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied 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.At this time, Garmin's Selling General Administrative is very stable compared to the past year. As of the 15th of December 2024, Enterprise Value is likely to grow to about 6.2 B, though Tax Provision is likely to grow to (84.8 M).
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 57.1M | 40.8M | 46.9M | 36.0M | Depreciation And Amortization | 154.8M | 163.9M | 177.6M | 186.5M |
Garmin fundamental ratios Correlations
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Garmin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Garmin fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.2B | 7.0B | 7.9B | 7.7B | 8.6B | 9.0B | |
Other Current Liab | 685.8M | 749.9M | 862.4M | 661.9M | 730.2M | 455.6M | |
Total Current Liabilities | 1.0B | 1.2B | 1.4B | 1.2B | 1.3B | 744.5M | |
Total Stockholder Equity | 4.8B | 5.5B | 6.1B | 6.2B | 7.0B | 7.4B | |
Property Plant And Equipment Net | 792.5M | 950.2M | 1.2B | 1.3B | 1.4B | 1.4B | |
Net Debt | (978.3M) | (1.4B) | (1.4B) | (1.2B) | (1.6B) | (1.5B) | |
Retained Earnings | 3.2B | 3.8B | 4.3B | 4.7B | 5.3B | 5.5B | |
Accounts Payable | 240.8M | 258.9M | 370.0M | 212.4M | 253.8M | 168.9M | |
Cash | 1.0B | 1.5B | 1.5B | 1.3B | 1.7B | 939.0M | |
Non Current Assets Total | 3.1B | 3.4B | 3.6B | 3.8B | 4.1B | 4.3B | |
Non Currrent Assets Other | 182.8M | 206.7M | 115.7M | 95.1M | 96.7M | 141.9M | |
Cash And Short Term Investments | 1.4B | 1.8B | 1.8B | 1.5B | 2.0B | 1.1B | |
Net Receivables | 706.8M | 849.5M | 843.4M | 656.8M | 815.2M | 564.6M | |
Common Stock Shares Outstanding | 190.9M | 191.9M | 193.0M | 193.0M | 192.1M | 161.3M | |
Liabilities And Stockholders Equity | 6.2B | 7.0B | 7.9B | 7.7B | 8.6B | 9.0B | |
Non Current Liabilities Total | 337.4M | 351.0M | 292.1M | 315.2M | 280.8M | 231.5M | |
Inventory | 752.9M | 762.1M | 1.2B | 1.5B | 1.3B | 1.4B | |
Other Current Assets | 169.0M | 211.7M | 344.7M | 330.8M | 334.9M | 351.6M | |
Other Stockholder Equity | 1.5B | 1.6B | 1.7B | 1.6B | 1.8B | 1.9B | |
Total Liab | 1.4B | 1.5B | 1.7B | 1.5B | 1.6B | 976.0M | |
Total Current Assets | 3.1B | 3.7B | 4.3B | 4.0B | 4.5B | 2.3B | |
Accumulated Other Comprehensive Income | 55.9M | 183.4M | 117.8M | (114.5M) | (65.6M) | (62.3M) | |
Other Liab | 288.1M | 275.1M | 222.1M | 200.7M | 230.8M | 282.1M | |
Other Assets | 451.3M | 1.3B | 375.9M | 536.2M | 616.6M | 647.4M | |
Cash And Equivalents | 1.0B | 1.5B | 1.5B | 1.3B | 1.5B | 934.7M | |
Intangible Assets | 192.5M | 244.4M | 216.0M | 178.5M | 186.6M | 131.0M | |
Property Plant Equipment | 728.9M | 855.5M | 1.1B | 1.1B | 1.3B | 1.4B | |
Current Deferred Revenue | 94.6M | 86.9M | 87.7M | 91.1M | 101.2M | 121.5M | |
Short Term Investments | 376.5M | 387.6M | 348.0M | 173.3M | 274.6M | 165.2M | |
Property Plant And Equipment Gross | 792.5M | 855.5M | 1.2B | 1.3B | 2.4B | 2.5B | |
Good Will | 467.1M | 584.2M | 575.1M | 568.0M | 608.5M | 638.9M | |
Net Tangible Assets | 4.3B | 4.8B | 5.4B | 5.6B | 6.4B | 4.1B | |
Retained Earnings Total Equity | 3.2B | 3.8B | 4.3B | 4.7B | 5.4B | 5.7B | |
Capital Surpluse | 1.8B | 1.9B | 2.0B | 2.0B | 2.3B | 2.5B | |
Deferred Long Term Liab | 114.8M | 116.8M | 117.6M | 130.0M | 149.5M | 153.9M | |
Long Term Investments | 1.2B | 1.1B | 1.3B | 1.2B | 1.1B | 1.3B |
Pair Trading with Garmin
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Garmin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Garmin will appreciate offsetting losses from the drop in the long position's value.Moving together with Garmin Stock
Moving against Garmin Stock
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0.67 | SVREW | SaverOne 2014 | PairCorr |
0.54 | VPG | Vishay Precision | PairCorr |
The ability to find closely correlated positions to Garmin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garmin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Garmin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Garmin to buy it.
The correlation of Garmin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Garmin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garmin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Garmin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 closely tied 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 Stocks Directory module to find actively traded stocks across global markets.
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 0.545 | Dividend Share 3 | Earnings Share 7.86 | Revenue Per Share 31.044 | Quarterly Revenue Growth 0.241 |
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.