GRMN
Price:
$202.09
Market Cap:
$38.88B
Garmin Ltd. designs, develops, manufactures, markets, and distributes a range of wireless devices in the Americas, the Asia Pacific, Australian Continent, Europe, the Middle East, and Africa. Its Fitness segment offers running and multi-sport watches; cycling products; activity tracking and smartwatch devices; and fitness and cycling accessories. This segment also provides Garmin Connect and Garmin Connect Mobile, which are web and mobile platforms; and Connect IQ, an application development platform. The company's Outdoor segment offers adventure watches, outdoor handhelds, golf devices and mobile apps, and dog tracking and training devices. Its Aviation segment designs, manufactures, and m...[Read more]
Industry
Hardware, Equipment & Parts
IPO Date
2000-12-08
Stock Exchange
NYSE
Ticker
GRMN
According to Garmin Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.32. This represents a change of -4.99% compared to the average of 3.49 of the last 4 quarters.
The mean historical Current Ratio of Garmin Ltd. over the last ten years is 3.04. The current 3.32 Current Ratio has changed 10.79% with respect to the historical average. Over the past ten years (40 quarters), GRMN's Current Ratio was at its highest in in the March 2025 quarter at 4.10. The Current Ratio was at its lowest in in the June 2016 quarter at 2.19.
Average
3.04
Median
2.95
Minimum
2.55
Maximum
3.54
Discovering the peaks and valleys of Garmin Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 13.24%
Maximum Annual Current Ratio = 3.54
Minimum Annual Increase = -6.63%
Minimum Annual Current Ratio = 2.55
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.54 | 3.90% |
| 2023 | 3.41 | 4.34% |
| 2022 | 3.26 | 10.92% |
| 2021 | 2.94 | -6.63% |
| 2020 | 3.15 | 6.78% |
| 2019 | 2.95 | 2.03% |
| 2018 | 2.89 | 1.41% |
| 2017 | 2.85 | -1.33% |
| 2016 | 2.89 | 13.24% |
| 2015 | 2.55 | 5.06% |
The current Current Ratio of Garmin Ltd. (GRMN) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.40
5-year avg
3.26
10-year avg
3.04
Garmin Ltd.’s Current Ratio is greater than Celestica Inc. (1.47), greater than Nokia Oyj (1.48), greater than Keysight Technologies, Inc. (2.35), greater than Teledyne Technologies Incorporated (1.79), greater than Fair Isaac Corporation (0.83), greater than Flex Ltd. (1.33), greater than Telefonaktiebolaget LM Ericsson (publ) (1.17), less than Monolithic Power Systems, Inc. (4.77), greater than Sandisk Corporation (3.29), greater than Cognizant Technology Solutions Corporation (2.36),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.47 | $37.13B | |
| 1.48 | $33.27B | |
| 2.35 | $35.93B | |
| 1.79 | $24.32B | |
| 0.83 | $42.95B | |
| 1.33 | $22.63B | |
| 1.17 | $31.73B | |
| 4.77 | $45.64B | |
| 3.29 | $30.98B | |
| 2.36 | $39.42B |
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What is Garmin Ltd.'s Current Ratio?
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What is the 5-year average Current Ratio for Garmin Ltd. (GRMN)?
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