Name: GRMN Balance Sheet - Garmin Assets & Debt | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Total Assets, Current Assets, Cash and Equivalents, Total Liabilities, Long-term Debt, Short-term Debt, Shareholders Equity, Working Capital, Book Value Per Share

JavaScript is disabled. Some features may not work properly. For the best experience, please enable JavaScript in your browser.

GRMN - Garmin Ltd.

USD | NYSE

GRMN Balance Sheet - Garmin Assets & Debt | Ledgeburg

(in millions of USD)	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008
Cash And Short Term Investments
Cash And Equivalents	2,278.6	2,079.5	1,693.5	1,279.2	1,498.1	1,458.4	1,027.6	1,201.7	891.5	846.9	833.1	1,196.3	1,179.1	1,231.2	1,287.2	1,260.9	1,091.6
Restricted Cash	-	-	-	-	-	-	-	-	-	-	-	0.3	0.2	0.8	0.8	1.3	-	-
Short Term Investments	-	-	-	-	-	-	-	183.0	161.7	267.0	215.2	168.0	149.9	153.1	111.2	24.4	19.6
Cash And Short Term Investments	2,278.6	2,079.5	1,693.5	1,279.2	1,498.1	1,458.4	1,027.6	1,384.7	1,053.2	1,113.8	1,048.2	1,364.3	1,329.0	1,384.3	1,398.3
Receivables
Accounts Receivable	1,253.0	983.4	815.2	656.8	843.4	849.5	706.8	569.8	590.9	527.1	531.5	570.2	564.6	603.7	607.5
Current Assets
Inventory	1,772.3	1,474.0	1,346.0	1,515.0	1,227.6	762.1	752.9	561.8	517.6	484.8	500.6	420.5	382.2	389.9	397.7	387.6
Non-Current Assets
Property, Plant & Equipment Gross	2,667.6	2,376.0	2,254.7	2,051.9	1,888.1	1,587.8	1,406.0	1,273.5	1,162.2	979.9	908.6	859.6	796.3	759.7
Current Liabilities
Accounts Payable	347.5	359.4	253.8	212.4	370.0	258.9	240.8	205.0	169.6	172.4	178.9	149.1	146.6	131.3	164.0
Non-Current Liabilities
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Equity
Common Stock	19.5	19.5	19.6	18.0	18.0	18.0	18.0	18.0	18.0	18.0	1,797.4	1,797.4	1,797.4	1,797.4	1,797.4	1,797.4
Supplementary Data
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q4 FY 16	Q3 FY 16	Q2 FY 16	Q1 FY 16	Q4 FY 15
Cash And Short Term Investments
Cash And Equivalents	2,289.9	2,278.6	2,072.8	2,072.2	2,175.5	2,079.5	2,009.4	1,937.5	1,921.8	1,693.5	1,422.9	1,361.6	1,279.2	1,082.3

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Receivables
Accounts Receivable	941.0	1,253.0	955.6	1,010.6	787.1	983.4	922.0	808.4	694.7	815.2	721.1	610.7	656.8	641.1	698.9	599.7	843.4	639.3	737.3	558.2	849.5	658.0	523.9	500.2	706.8	558.3	583.9	453.1	569.8	467.8	533.1	409.7	590.9	514.9	391.3	527.1	461.4	510.3	408.3	531.5

Current Assets
Inventory	1,850.3	1,772.3	1,887.9	1,788.0	1,582.0	1,474.0	1,505.5	1,319.6	1,302.2	1,346.0	1,439.9	1,479.0	1,515.0	1,533.3	1,454.9	1,339.5	1,227.6	1,113.5	938.6	837.9	762.1	821.4	813.2	790.2	752.9	749.8	648.1	598.4	561.8	556.6	501.5	547.4	517.6	525.2	533.2	484.8	534.7	508.2	517.8	500.6
Prepaid Expenses	489.7	467.6	410.3	415.1	380.5	354.0	334.5	322.0	305.7	318.6	284.7	309.3	315.9	318.3	340.3	335.2	328.7
Other Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets Held For Sale	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Assets	5,997.2	6,248.2	5,810.9	5,819.4	5,445.2	5,336.2	5,209.5	4,697.2	4,517.3	4,464.1	4,156.9	3,964.0	3,955.2	3,968.1	4,122.6	4,082.2

Non-Current Assets
Property, Plant & Equipment Gross	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accumulated Depreciation	1,321.0	1,292.3	1,278.1	1,255.0	1,174.6	1,139.2	1,120.1	1,076.3	1,048.9	1,030.6	982.4	934.4	904.9	-	-	-	-
Property,Plant & Equipment Net	1,383.8	1,375.3	1,296.2	1,290.7	1,233.2	1,236.9	1,220.1	1,206.0	1,206.4	1,224.1	1,187.4	1,165.0	1,147.0	1,100.3	1,113.6	1,092.5
Long Term Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Method Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill	750.6	760.2	757.3	640.6	617.0	603.9	611.9	599.6	601.6	608.5	594.4	571.5	568.0	540.7	561.4	573.0	575.1	-
Intangible Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Right Of Use Assets	203.4	196.2	187.8	179.3	170.7	164.7	137.7	130.3	136.3	143.7	140.6	134.6	138.0	121.9	128.6	101.2
Deferred Tax Assets	721.9	718.1	782.1	852.6	831.8	822.5	787.8	777.0	763.1	754.6	514.9	455.1	441.1	390.1	348.0	301.7	260.2
Other Non-Current Assets	92.3	95.9	101.1	103.1	107.5	107.0	98.0	103.7	88.1	85.7	92.7	89.6	85.3	79.8	87.1	93.4	103.4
Total Non-Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	10,952.4	10,993.7	10,522.9	10,324.1	9,787.6	9,630.5	9,347.7	8,883.3	8,633.9	8,603.6	7,965.0	7,726.0	7,731.2	7,627.6	7,813.7	7,703.2

Current Liabilities
Accounts Payable	344.7	347.5	378.0	397.3	344.8	359.4	374.0	331.9	243.1	253.8	268.0	208.8	212.4	268.7	319.7	299.0	370.0	318.6	303.9	250.8	258.9	235.5	193.2	200.3	240.8	235.5	214.8	170.5	205.0	197.1	166.5	136.1	169.6	161.4	136.9	172.4	148.0	151.9	137.2	178.9
Short Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred Revenue Current	100.8	105.6	105.0	108.4	105.7	111.0	113.0	106.0	100.7	101.2	98.3	90.6	91.1	88.6	86.6	86.4	87.7
Operating Lease Liabilities Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued Expenses	224.7	228.3	240.1	193.6	204.6	210.9	218.9	172.3	192.8	190.0	196.7	164.8	176.1	184.8	178.7	170.8	211.4
Other Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	1,375.2	1,720.1	1,752.3	1,932.1	1,329.7	1,507.9	1,578.7	1,624.3	1,117.4	1,310.7	1,327.8	1,008.2	1,211.6	1,442.9	1,623.9

Non-Current Liabilities
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease Liabilities Non-Current	167.6	164.8	155.8	148.6	140.2	134.9	109.8	102.2	105.9	113.0	111.0	111.4	114.5	100.2	107.0
Deferred Revenue Non-Current	22.5	22.3	23.2	24.6	25.5	28.3	30.2	31.8	33.9	36.1	35.5	34.4	35.7	37.1	38.3	39.1
Deferred Tax Liabilities	111.7	109.7	109.0	89.2	104.9	103.3	105.0	103.0	113.9	114.7	116.4	131.8	130.0	117.9	118.1	117.6	117.6
Pension Obligations	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Current Liabilities	0.6	0.6	0.9	0.8	0.8	0.8	0.6	0.6	0.6	0.4	0.4	0.4	0.4	0.4	0.3	0.3
Total Non-Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Liabilities	1,681.4	2,021.1	2,044.6	2,199.0	1,608.1	1,782.1	1,841.2	1,878.3	1,387.8	1,591.5	1,615.7	1,321.0	1,526.8	1,749.4	1,947.8	1,454.4

Supplementary Data
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Working Capital	4,621.9	4,528.1	4,058.6	3,887.4	4,115.5	3,828.3	3,630.8	3,072.9	3,399.9	3,153.5	2,829.1	2,955.8	2,743.5	2,525.2	2,498.7	2,929.7	2,813.6
Book Value	9,271.0	8,972.6	8,478.2	8,125.1	8,179.5	7,848.4	7,506.5	7,005.0	7,246.1	7,012.1	6,349.3	6,405.0	6,204.3	5,878.2	5,865.9	6,248.8	6,114.2	5,854.7
Tangible Book Value	8,520.4	8,212.3	7,721.0	7,484.6	7,562.5	7,244.5	6,894.7	6,405.4	6,644.5	6,403.6	5,754.8	5,833.5	5,636.3	5,337.4	5,304.5	5,675.8	5,539.1