GARMIN LTD (GRMN) Current Ratio
- Current ratio · latest quarter: Value 4.36×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-03-28; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 4.36× | Current assets / current liabilities. $6.00B ÷ $1.38B ≈ 4.36× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 6.00B USD | Assets, Current |
| Current obligations | 1.38B USD | Liabilities, Current |
| Cash and equivalents | 2.29B USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | 411.03M USD | Marketable Securities, Current · Debt Securities, Available-for-sale, Current · Available-for-sale Securities, Current |
| Customer receivables | 940.96M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 1.85B USD | Inventory, Net |
| Payables | 344.72M USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-03-28 | $6.00B | $1.38B | $2.29B | $411.03M | $940.96M | $1.85B | $344.72M | (m) | 4.36× |
| 2025-12-27 | $6.25B | $1.72B | $2.28B | $459.20M | $1.25B | $1.77B | $347.49M | (m) | 3.63× |
| 2025-09-27 | $5.81B | $1.75B | $2.07B | $466.79M | $955.61M | $1.89B | $378.02M | (m) | 3.32× |
| 2025-06-28 | $5.82B | $1.93B | $2.07B | $515.04M | $1.01B | $1.79B | $397.30M | (m) | 3.01× |
| 2025-03-29 | $5.45B | $1.33B | $2.18B | $499.00M | $787.13M | $1.58B | $344.80M | (m) | 4.10× |
| 2024-12-28 | $5.34B | $1.51B | $2.08B | $421.27M | $983.40M | $1.47B | $359.37M | (m) | 3.54× |
| 2024-09-28 | $5.21B | $1.58B | $2.01B | $414.70M | $922.03M | $1.51B | $374.02M | (m) | 3.30× |
| 2024-06-29 | $4.70B | $1.62B | $1.94B | $288.66M | $808.45M | $1.32B | $331.94M | (m) | 2.89× |
| 2024-03-30 | $4.52B | $1.12B | $1.92B | $274.58M | $694.69M | $1.30B | $243.09M | (m) | 4.04× |
| 2023-12-30 | $4.46B | $1.31B | $1.69B | $274.62M | $815.24M | $1.35B | $253.79M | (m) | 3.41× |
| 2023-09-30 | $4.16B | $1.33B | $1.42B | $273.05M | $721.14M | $1.44B | $268.03M | (m) | 3.13× |
| 2023-07-01 | $4.11B | $1.45B | $1.43B | $253.69M | $716.80M | $1.40B | $253.80M | (m) | 2.84× |
| 2023-04-01 | $3.96B | $1.01B | $1.36B | $188.88M | $610.65M | $1.48B | $208.80M | (m) | 3.93× |
| 2022-12-31 | $3.96B | $1.21B | $1.28B | $173.29M | $656.85M | $1.52B | $212.42M | (m) | 3.26× |
| 2022-09-24 | $3.97B | $1.44B | $1.08B | $378.70M | $641.07M | $1.53B | $268.67M | (m) | 2.75× |
| 2022-06-25 | $4.12B | $1.62B | $1.09B | $526.64M | $698.86M | $1.45B | $319.73M | (m) | 2.54× |
| 2022-03-26 | $4.08B | $1.15B | $1.42B | $375.24M | $599.73M | $1.34B | $298.99M | (m) | 3.54× |
| 2021-12-25 | $4.26B | $1.45B | $1.50B | $347.98M | $843.45M | $1.23B | $370.05M | (m) | 2.94× |
| 2021-09-25 | $4.01B | $1.37B | $1.64B | $345.21M | $639.35M | $1.11B | $318.60M | (m) | 2.92× |
| 2021-06-26 | $3.88B | $1.46B | $1.64B | $330.57M | $737.27M | $938.61M | $303.95M | (m) | 2.66× |
| 2021-03-27 | $3.56B | $933.13M | $1.60B | $342.66M | $558.19M | $837.93M | $250.79M | (m) | 3.81× |
| 2020-12-26 | $3.67B | $1.16B | $1.46B | $387.64M | $849.47M | $762.08M | $258.88M | (m) | 3.15× |
| 2020-09-26 | $3.34B | $1.12B | $1.22B | $430.16M | $658.00M | $821.38M | $235.47M | (m) | 2.98× |
| 2020-06-27 | $3.26B | $1.16B | $1.35B | $380.88M | $523.90M | $813.24M | $193.22M | (m) | 2.80× |
| 2020-03-28 | $2.93B | $781.87M | $1.05B | $391.65M | $500.24M | $790.18M | $200.28M | (m) | 3.75× |
| 2019-12-28 | $3.06B | $1.04B | $1.03B | $376.46M | $706.76M | $752.91M | $240.83M | (m) | 2.95× |
| 2019-09-28 | $2.76B | $1.04B | $976.40M | $300.54M | $558.30M | $749.83M | $235.55M | (m) | 2.64× |
| 2019-06-29 | $2.46B | $1.03B | $820.18M | $239.76M | $583.91M | $648.14M | $214.76M | (m) | 2.39× |
| 2019-03-30 | $2.51B | $622.53M | $1.12B | $197.38M | $453.07M | $598.39M | $170.47M | (m) | 4.04× |
| 2018-12-29 | $2.67B | $921.31M | $1.20B | $182.99M | $569.83M | $561.84M | $204.99M | (m) | 2.89× |
| 2018-09-29 | $2.40B | $854.03M | $1.06B | $173.70M | $467.78M | $556.64M | $197.07M | (m) | 2.81× |
| 2018-06-30 | $2.32B | $929.15M | $946.66M | $173.32M | $533.08M | $501.49M | $166.50M | (m) | 2.50× |
| 2018-03-31 | $2.19B | $557.84M | $898.98M | $167.75M | $409.70M | $547.41M | $136.13M | (m) | 3.93× |
| 2017-12-30 | $2.35B | $792.12M | $891.49M | $161.69M | $590.88M | $517.64M | $169.64M | (m) | 2.96× |
| 2017-09-30 | $2.33B | $846.04M | $891.28M | $253.70M | $457.39M | $575.34M | $158.59M | (m) | 2.76× |
| 2017-07-01 | $2.30B | $928.51M | $859.56M | $248.90M | $514.94M | $525.17M | $161.40M | (m) | 2.48× |
| 2017-04-01 | $2.16B | $571.46M | $833.58M | $258.40M | $391.35M | $533.15M | $136.90M | (m) | 3.77× |
| 2016-12-31 | $2.26B | $782.74M | $846.88M | $266.95M | $527.06M | $484.82M | $172.40M | (m) | 2.89× |
| 2016-09-24 | $2.25B | $920.00M | $912.56M | $201.56M | $461.36M | $534.68M | $148.03M | (m) | 2.44× |
| 2016-06-25 | $2.21B | $1.01B | $801.46M | $252.25M | $510.31M | $508.16M | $151.90M | (m) | 2.19× |
| 2016-03-26 | $2.13B | $680.72M | $857.68M | $198.15M | $408.28M | $517.77M | $137.16M | (m) | 3.13× |
| 2015-12-26 | $2.21B | $866.00M | $833.07M | $215.16M | $531.48M | $500.55M | $178.91M | (m) | 2.55× |
| 2015-09-26 | $2.23B | $894.66M | $914.91M | $211.83M | $431.94M | $503.18M | $158.66M | (m) | 2.49× |
| 2015-06-27 | $2.28B | $961.68M | $938.18M | $199.01M | $502.03M | $458.45M | $146.09M | (m) | 2.37× |
| 2015-03-28 | $2.50B | $824.26M | $1.17B | $270.21M | $425.65M | $470.44M | $125.75M | (m) | 3.03× |
| 2014-12-27 | $2.51B | $1.03B | $1.20B | $167.99M | $570.19M | $420.48M | $149.09M | (m) | 2.43× |
| 2014-09-27 | $2.42B | $1.12B | $1.15B | $151.37M | $478.72M | $466.48M | $144.88M | (m) | 2.16× |
| 2014-06-28 | $2.50B | $969.25M | $1.23B | $160.90M | $496.98M | $429.67M | $132.58M | (m) | 2.58× |
| 2014-03-29 | $2.39B | $697.11M | $1.14B | $163.66M | $427.46M | $442.02M | $124.24M | (m) | 3.42× |
| 2013-12-28 | $2.60B | $905.30M | $1.18B | $149.86M | $564.59M | $382.23M | $146.58M | (m) | 2.87× |
| 2013-09-28 | $2.44B | $974.03M | $1.07B | $134.25M | $475.71M | $416.73M | $151.80M | (m) | 2.51× |
| 2013-06-29 | $2.35B | $889.74M | $1.08B | $142.58M | $484.25M | $383.49M | $128.08M | (m) | 2.64× |
| 2013-03-30 | $2.31B | $605.10M | $1.09B | $145.48M | $450.59M | $396.01M | $112.17M | (m) | 3.82× |
| 2012-12-29 | $2.54B | $909.03M | $1.23B | $153.08M | $603.67M | $389.93M | $131.26M | (m) | 2.79× |
| 2012-09-29 | $2.47B | $883.55M | $1.25B | $122.45M | $508.73M | $443.42M | $147.87M | (m) | 2.80× |
| 2012-06-30 | $2.38B | $901.95M | $1.27B | $97.18M | $486.39M | $384.21M | $138.58M | (m) | 2.64× |
| 2012-03-31 | $2.35B | $594.54M | $1.29B | $89.36M | $430.14M | $407.48M | $109.23M | (m) | 3.95× |
| 2011-12-31 | $2.57B | $858.28M | $1.29B | $111.15M | $607.45M | $397.74M | $164.01M | (m) | 3.00× |
| 2011-09-24 | $2.55B | $914.07M | $1.39B | $72.78M | $519.23M | $461.30M | $182.65M | (m) | 2.79× |
| 2011-06-25 | $2.46B | $916.09M | $1.42B | $62.63M | $493.06M | $385.68M | $125.68M | (m) | 2.69× |
| 2011-03-26 | $2.19B | $469.91M | $1.21B | $41.72M | $434.94M | $411.02M | $118.84M | (m) | 4.67× |
| 2010-12-25 | $2.50B | $669.04M | $1.26B | $24.42M | $747.25M | $387.58M | $132.35M | (m) | 3.73× |
| 2010-09-25 | $2.37B | $569.53M | $1.24B | $21.92M | $524.92M | $494.35M | $194.89M | (m) | 4.16× |
| 2010-06-26 | $2.16B | $436.44M | $1.17B | $18.62M | $499.32M | $358.58M | $150.52M | (m) | 4.95× |
| 2010-03-27 | $2.21B | $679.56M | $1.29B | $19.64M | $418.52M | $356.07M | $109.90M | (m) | 3.25× |
| 2009-12-26 | $2.40B | $685.88M | $1.09B | $19.58M | $874.11M | $309.94M | $203.39M | (m) | 3.49× |
| 2009-09-26 | $2.08B | $712.04M | $1.01B | $17.64M | $573.85M | $373.29M | $185.67M | (m) | 2.92× |
| 2009-06-27 | $1.94B | $429.54M | $958.91M | $18.89M | $519.43M | $323.16M | $137.36M | (m) | 4.53× |
| 2008-12-27 | $1.98B | $479.18M | $696.34M | $12.89M | $741.32M | $425.31M | $160.09M | (m) | 4.14× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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