Garmin (MEX:GRMN N) Beginning Cash Position: MXN39,969 Mil (As of Jun. 2026)

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MEX:GRMN N Garmin Ltd MEX:GRMN N
95 GF Score
Price MXN5,227.62
GF Value MXN4,425.75
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Garmin Beginning Cash Position?

Garmin MEX:GRMN N 95 Beginning Cash Position is MXN39,969 Mil as of Jun. 2026. GuruFocus rates MEX:GRMN N with a GF Score™ of 95/100 and a GF Value™ of MXN4,425.75 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Garmin's Beginning Cash Position for the quarter that ended in Jun. 2026 was MXN39,969 Mil.

Garmin's quarterly Beginning Cash Position increased from Dec. 2025 (MXN37,336 Mil) to Mar. 2026 (MXN41,103 Mil) but then declined from Mar. 2026 (MXN41,103 Mil) to Jun. 2026 (MXN39,969 Mil).

Garmin's annual Beginning Cash Position increased from Dec. 2023 (MXN21,726 Mil) to Dec. 2024 (MXN35,333 Mil) and increased from Dec. 2024 (MXN35,333 Mil) to Dec. 2025 (MXN37,455 Mil).

Garmin Beginning Cash Position Related Terms

Garmin Beginning Cash Position Historical Data

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The historical data trend for Garmin's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Garmin Beginning Cash Position Chart

Garmin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29,924.76 29,221.44 21,725.54 35,332.81 37,454.63

Garmin Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40,976.18 38,025.80 37,335.65 41,103.02 39,969.36
MEX:GRMN N
95GF Score
Garmin Ltd MEX:GRMN N
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Garmin Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of MXN39,969 Mil mean?
Garmin (MEX:GRMN N) has a Beginning Cash Position of MXN39,969 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Garmin and its competitors.
Is Garmin's Beginning Cash Position too high?
Garmin's current Beginning Cash Position is MXN39,969 Mil. Overall, Garmin has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garmin's Beginning Cash Position compare to KEYS and COHR?
Garmin's Beginning Cash Position of MXN39,969 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Hardware company?
A good Beginning Cash Position depends on the Hardware industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Garmin and its competitors. Garmin's current Beginning Cash Position is MXN39,969 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garmin stock overvalued right now?
Based on GuruFocus' analysis, Garmin (MEX:GRMN N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN4,425.75, compared to a current price of MXN5,227.62 — trading 18.1% above its estimated fair value. The current Beginning Cash Position is MXN39,969 Mil. Garmin's overall GF Score™ is 95/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Garmin (MEX:GRMN N), the current Beginning Cash Position is MXN39,969 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Garmin (MEX:GRMN N) Overvalued in 2026?

Based on GuruFocus' analysis, Garmin stock appears to be overvalued. The current stock price of MXN5,227.62 is trading 18.1% above its estimated GF Value™ of MXN4,425.75. GuruFocus considers Garmin to be Modestly Overvalued.

Key valuation signals for MEX:GRMN N:

  • Beginning Cash Position: MXN39,969 Mil
  • GF Value™: MXN4,425.75 vs. price of MXN5,227.62 (18.1% above fair value)
  • GF Score™: 95/100 with 6 warning signs

No single metric tells the full story. See the MEX:GRMN N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Garmin Business Description

Address Muhlentalstrasse 36/38, Schaffhausen, CHE, 8200
Garmin produces GPS-enabled hardware and software for five sectors: fitness, outdoors, automotive, aviation, and marine. Garmin has built a strong reputation for durable, high-precision devices through a vertically integrated design and manufacturing approach. The company's product lines include smartwatches, fitness trackers, communication equipment, and a comprehensive suite of systems for marine and aviation navigation. Garmin operates globally, with its business focused primarily on North America and Europe.
95GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN5,227.62
Price
MXN4,425.75
GF Value