Garmin Total Revenue vs Depreciation And Amortization Analysis

GRMN Stock

USD 143.45 0.42 0.29%

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 Total Revenue and its Depreciation And Amortization 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 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.

Total Revenue vs Depreciation And Amortization

Total Revenue vs Depreciation And Amortization Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Garmin Total Revenue account and Depreciation And Amortization. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Garmin's Total Revenue and Depreciation And Amortization is 0.84. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Depreciation And Amortization in the same time period over historical financial statements of Garmin, assuming nothing else is changed. The correlation between historical values of Garmin's Total Revenue and Depreciation And Amortization is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Garmin are associated (or correlated) with its Depreciation And Amortization. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Depreciation And Amortization has no effect on the direction of Total Revenue i.e., Garmin's Total Revenue and Depreciation And Amortization go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Total Revenue

Total revenue comprises all receipts Garmin generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

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 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.At this time, Garmin's Selling General Administrative is very stable compared to the past year. As of the 27th of April 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	200.1M	175.1M	177.6M	186.5M

Interest Expense Depreciation And Amortization

Garmin fundamental ratios Correlations

	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	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Other Liab	Other Assets	Cash And Equivalents
Total Assets		0.75	0.77	0.79	1.0	0.95	-0.86	0.96	0.76	0.74	0.99	0.5	0.77	0.8	-0.56	0.43	0.91	0.88	0.72	0.76	0.84	0.64	-0.33	0.32	0.67	0.71
Short Long Term Debt Total	0.75		0.69	0.69	0.77	0.81	-0.58	0.79	0.56	0.67	0.74	0.18	0.66	0.59	-0.08	0.24	0.83	0.77	0.56	0.64	0.82	0.48	-0.33	-0.04	0.57	0.63
Other Current Liab	0.77	0.69		0.97	0.74	0.67	-0.73	0.67	0.89	0.85	0.76	0.43	0.89	0.88	-0.03	0.58	0.67	0.63	0.48	0.95	0.94	0.07	-0.15	0.29	0.52	0.86
Total Current Liabilities	0.79	0.69	0.97		0.75	0.65	-0.8	0.66	0.89	0.92	0.77	0.39	0.95	0.94	-0.01	0.64	0.64	0.61	0.43	0.99	0.97	0.16	-0.05	0.39	0.47	0.91
Total Stockholder Equity	1.0	0.77	0.74	0.75		0.97	-0.83	0.98	0.74	0.71	0.99	0.49	0.73	0.76	-0.58	0.37	0.93	0.9	0.74	0.72	0.82	0.67	-0.37	0.27	0.68	0.67
Property Plant And Equipment Net	0.95	0.81	0.67	0.65	0.97		-0.7	1.0	0.69	0.59	0.95	0.43	0.61	0.62	-0.57	0.19	0.98	0.96	0.8	0.59	0.76	0.7	-0.53	0.05	0.68	0.55
Net Debt	-0.86	-0.58	-0.73	-0.8	-0.83	-0.7		-0.71	-0.67	-0.91	-0.82	-0.26	-0.88	-0.85	0.38	-0.57	-0.64	-0.63	-0.4	-0.8	-0.8	-0.51	-0.06	-0.54	-0.5	-0.89
Retained Earnings	0.96	0.79	0.67	0.66	0.98	1.0	-0.71		0.7	0.59	0.96	0.47	0.62	0.64	-0.59	0.2	0.97	0.94	0.81	0.6	0.76	0.7	-0.52	0.08	0.69	0.55
Accounts Payable	0.76	0.56	0.89	0.89	0.74	0.69	-0.67	0.7		0.75	0.75	0.56	0.84	0.85	-0.13	0.49	0.66	0.71	0.62	0.86	0.88	0.16	-0.33	0.27	0.55	0.76
Cash	0.74	0.67	0.85	0.92	0.71	0.59	-0.91	0.59	0.75		0.7	0.21	0.98	0.92	0.01	0.64	0.54	0.54	0.34	0.92	0.92	0.26	0.07	0.47	0.47	0.99
Non Current Assets Total	0.99	0.74	0.76	0.77	0.99	0.95	-0.82	0.96	0.75	0.7		0.56	0.74	0.78	-0.58	0.45	0.91	0.87	0.75	0.75	0.82	0.63	-0.37	0.33	0.68	0.66
Non Currrent Assets Other	0.5	0.18	0.43	0.39	0.49	0.43	-0.26	0.47	0.56	0.21	0.56		0.35	0.5	-0.44	0.5	0.33	0.36	0.65	0.44	0.38	0.1	-0.49	0.39	0.68	0.2
Cash And Short Term Investments	0.77	0.66	0.89	0.95	0.73	0.61	-0.88	0.62	0.84	0.98	0.74	0.35		0.96	-0.01	0.66	0.56	0.56	0.42	0.95	0.94	0.23	-0.02	0.47	0.55	0.97
Net Receivables	0.8	0.59	0.88	0.94	0.76	0.62	-0.85	0.64	0.85	0.92	0.78	0.5	0.96		-0.11	0.74	0.56	0.57	0.45	0.95	0.92	0.21	-0.03	0.55	0.58	0.91
Common Stock Shares Outstanding	-0.56	-0.08	-0.03	-0.01	-0.58	-0.57	0.38	-0.59	-0.13	0.01	-0.58	-0.44	-0.01	-0.11		-0.02	-0.52	-0.51	-0.5	-0.01	-0.04	-0.69	0.3	-0.23	-0.36	0.04
Non Current Liabilities Total	0.43	0.24	0.58	0.64	0.37	0.19	-0.57	0.2	0.49	0.64	0.45	0.5	0.66	0.74	-0.02		0.15	0.16	0.18	0.76	0.57	-0.14	0.21	0.88	0.27	0.65
Inventory	0.91	0.83	0.67	0.64	0.93	0.98	-0.64	0.97	0.66	0.54	0.91	0.33	0.56	0.56	-0.52	0.15		0.96	0.74	0.57	0.74	0.65	-0.48	0.0	0.57	0.51
Other Current Assets	0.88	0.77	0.63	0.61	0.9	0.96	-0.63	0.94	0.71	0.54	0.87	0.36	0.56	0.57	-0.51	0.16	0.96		0.78	0.55	0.73	0.63	-0.54	0.0	0.59	0.51
Other Stockholder Equity	0.72	0.56	0.48	0.43	0.74	0.8	-0.4	0.81	0.62	0.34	0.75	0.65	0.42	0.45	-0.5	0.18	0.74	0.78		0.4	0.56	0.47	-0.87	0.02	0.66	0.31
Total Liab	0.76	0.64	0.95	0.99	0.72	0.59	-0.8	0.6	0.86	0.92	0.75	0.44	0.95	0.95	-0.01	0.76	0.57	0.55	0.4		0.94	0.11	0.01	0.53	0.46	0.91
Total Current Assets	0.84	0.82	0.94	0.97	0.82	0.76	-0.8	0.76	0.88	0.92	0.82	0.38	0.94	0.92	-0.04	0.57	0.74	0.73	0.56	0.94		0.29	-0.2	0.3	0.57	0.9
Short Term Debt	0.64	0.48	0.07	0.16	0.67	0.7	-0.51	0.7	0.16	0.26	0.63	0.1	0.23	0.21	-0.69	-0.14	0.65	0.63	0.47	0.11	0.29		-0.28	0.0	0.36	0.17
Common Stock	-0.33	-0.33	-0.15	-0.05	-0.37	-0.53	-0.06	-0.52	-0.33	0.07	-0.37	-0.49	-0.02	-0.03	0.3	0.21	-0.48	-0.54	-0.87	0.01	-0.2	-0.28		0.37	-0.49	0.09
Other Liab	0.32	-0.04	0.29	0.39	0.27	0.05	-0.54	0.08	0.27	0.47	0.33	0.39	0.47	0.55	-0.23	0.88	0.0	0.0	0.02	0.53	0.3	0.0	0.37		0.1	0.47
Other Assets	0.67	0.57	0.52	0.47	0.68	0.68	-0.5	0.69	0.55	0.47	0.68	0.68	0.55	0.58	-0.36	0.27	0.57	0.59	0.66	0.46	0.57	0.36	-0.49	0.1		0.46
Cash And Equivalents	0.71	0.63	0.86	0.91	0.67	0.55	-0.89	0.55	0.76	0.99	0.66	0.2	0.97	0.91	0.04	0.65	0.51	0.51	0.31	0.91	0.9	0.17	0.09	0.47	0.46

Click cells to compare fundamentals

Garmin Account Relationship Matchups

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	799.6M	969.9M	883.0M	730.2M	472.3M
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	191.6M	328.7M	315.9M	318.6M	334.5M
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

Garmin Investors Sentiment

The influence of Garmin's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Garmin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Garmin's public news can be used to forecast risks associated with an investment in Garmin. The trend in average sentiment can be used to explain how an investor holding Garmin can time the market purely based on public headlines and social activities around Garmin. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Garmin's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Garmin's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Garmin's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Garmin.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Garmin in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Garmin's short interest history, or implied volatility extrapolated from Garmin options trading.

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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:

How To Invest In Garmin

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Is Garmin Stock a good investment?

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What is Garmin's Net Worth?

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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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Garmin Stock analysis

When running Garmin's price analysis, check to measure Garmin's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garmin is operating at the current time. Most of Garmin's value examination focuses on studying past and present price action to predict the probability of Garmin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garmin's price. Additionally, you may evaluate how the addition of Garmin to your portfolios can decrease your overall portfolio volatility.

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Is Garmin's industry 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

0.846

Dividend Share

2.92

Earnings Share

6.71

Revenue Per Share

27.316

Quarterly Revenue Growth

0.135

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.

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Garmin Total Revenue vs Depreciation And Amortization Analysis

Total Revenue vs Depreciation And Amortization

Total Revenue vs Depreciation And Amortization Correlation Analysis

Correlation Coefficient

Total Revenue

Depreciation And Amortization

Garmin fundamental ratios Correlations

Garmin Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Garmin fundamental ratios Accounts

Garmin Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Garmin Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Property Plant And Equipment Net
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Current Liabilities
Non Current Assets Total	+ 0.99	Total Stockholder Equity
Cash And Equivalents	+ 0.99	Cash

Cash	- 0.91	Net Debt
Cash And Equivalents	- 0.89	Net Debt
Cash And Short Term Investments	- 0.88	Net Debt
Common Stock	- 0.87	Other Stockholder Equity
Net Debt	- 0.86	Total Assets
Net Receivables	- 0.85	Net Debt