THLLY (Thales) Beginning Cash Position: $-714 Mil (As of Dec. 2025)


THLLY Thales THLLY
88 GF Score
Price $54.34
GF Value $43.51
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Thales Beginning Cash Position?

Thales THLLY -1.77% 88 Beginning Cash Position is $-714 Mil as of Dec. 2025. GuruFocus rates THLLY with a GF Score™ of 88/100 and a GF Value™ of $43.51 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Thales's Beginning Cash Position for the quarter that ended in Dec. 2025 was $-714 Mil.

Thales's quarterly Beginning Cash Position increased from Dec. 2024 ($-1,009 Mil) to Jun. 2025 ($1,073 Mil) but then declined from Jun. 2025 ($1,073 Mil) to Dec. 2025 ($-714 Mil).

Thales's annual Beginning Cash Position declined from Dec. 2023 ($5,810 Mil) to Dec. 2024 ($4,406 Mil) but then increased from Dec. 2024 ($4,406 Mil) to Dec. 2025 ($5,582 Mil).

Thales Beginning Cash Position Related Terms

Thales Beginning Cash Position Historical Data

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The historical data trend for Thales'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.

Thales Beginning Cash Position Chart

Thales 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 5,797.06 5,351.48 5,809.60 4,405.55 5,582.08

Thales Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 185.61 434.88 -1,009.21 1,072.66 -713.58
THLLY
88GF Score
Thales THLLY
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Thales 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 $-714 Mil mean?
Thales (THLLY) has a Beginning Cash Position of $-714 Mil as of Dec. 2025. 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 Thales and its competitors.
Is Thales' Beginning Cash Position too high?
Thales' current Beginning Cash Position is $-714 Mil. Overall, Thales has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thales' Beginning Cash Position compare to SPCX and GE?
Thales' Beginning Cash Position of $-714 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Beginning Cash Position depends on the Aerospace & Defense 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 Thales and its competitors. Thales's current Beginning Cash Position is $-714 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thales stock overvalued right now?
Based on GuruFocus' analysis, Thales (THLLY) is currently considered Modestly Overvalued. The stock's GF Value™ is $43.51, compared to a current price of $54.34 — trading 24.9% above its estimated fair value. The current Beginning Cash Position is $-714 Mil. Thales' overall GF Score™ is 88/100 with 2 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 Thales (THLLY), the current Beginning Cash Position is $-714 Mil as of Dec. 2025. 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 Thales (THLLY) Overvalued in 2026?

Based on GuruFocus' analysis, Thales stock appears to be overvalued. The current stock price of $54.34 is trading 24.9% above its estimated GF Value™ of $43.51. GuruFocus considers Thales to be Modestly Overvalued.

Key valuation signals for THLLY:

  • Beginning Cash Position: $-714 Mil
  • GF Value™: $43.51 vs. price of $54.34 (24.9% above fair value)
  • GF Score™: 88/100 with 2 warning signs

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

Thales Business Description

Address 4, rue de la Verrerie, Meudon, FRA, 92190
Thales is a French aerospace and defense industrial and one of Europe's largest defense contractors. The company has three segments: defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; aerospace sells avionics and satellites to the civil, defense, and governmental markets; and digital identity and security provides biometric, data, and identity security solutions, payments services, and the manufacturing of SIM cards.
88GF Score

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

$54.34
Price
$43.51
GF Value