Garmin Ltd. company logo
Garmin Ltd. logo

Garmin Ltd. (GRMN) Quick Ratio

Annual Quick Ratio

2.560.18+7.56%

Summary

Current Value
As of today, GRMN annual quick ratio is 2.56, up +7.56% on
Historical Performance
GRMN annual quick ratio is up +21.90% over the past 3 years, and up +15.32% over the past 5 years
All-Time High Comparison
GRMN annual quick ratio is currently -63.89% below its historical high of 7.09 set on
3-Year Low Comparison
GRMN annual quick ratio is +27.36% above its 3-year low of 2.01 reached on an earlier date
Sector Comparison
GRMN annual quick ratio is higher than 71.88% of companies in Technology sector

Quick Ratio Chart

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Performance

GRMN Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio2.56+7.6%+21.9%+15.3%-15.8%
Quarterly Quick Ratio2.23-4.3%+32.7%0.0%-32.4%
Price$213.91+0.8%+117.8%+77.0%+593.4%
Annual Current Assets$5.34B+19.5%+25.2%+74.5%+122.7%
Annual Inventory$1.47B+9.5%+20.1%+95.8%+375.6%
Annual Current Liabilities$1.51B+15.0%+4.1%+45.6%+119.8%
Annual Current Ratio3.54+3.8%+20.4%+20.0%+1.4%
Annual Debt To Equity0.000.0%0.0%0.0%0.0%
Piotroski F-Score5-28.6%0.0%+25.0%-16.7%
Altman Z-Score16.40+0.6%+68.2%+43.5%+174.3%

Quick Ratio Highs

GRMN Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y2.56at high
5Y2.56at high
All7.09-63.9%

Quick Ratio Lows

GRMN Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y2.01N/A+27.4%
5Y2.01+27.4%
All1.98+29.3%

Quick Ratio History

YearValueChange
2.56+7.6%
2.38+18.4%
2.01-4.3%
2.10-16.0%
2.50+12.6%
2.22-2.6%
2.28-1.3%
2.31+1.8%
2.27+14.6%
1.98-2.0%
2.02-17.2%
2.44+3.4%
2.36-7.1%
YearValueChange
2.54-19.6%
3.16+3.9%
3.04-6.5%
3.25+42.5%
2.28-14.3%
2.66-13.6%
3.08+12.8%
2.73-35.6%
4.24-17.2%
5.12-4.1%
5.34-24.7%
7.09+37.9%
5.14-

FAQ

  • What is the current annual quick ratio of GRMN?

    As of today, GRMN annual quick ratio is 2.56

  • What is 1-year change in GRMN annual quick ratio?

    GRMN annual quick ratio is up +7.56% year-over-year

  • What is 3-year change in GRMN annual quick ratio?

    GRMN annual quick ratio is up +21.90% over the past 3 years

  • How far is GRMN annual quick ratio from its all-time high?

    GRMN annual quick ratio is currently -63.89% below its historical high of 7.09 set on December 31, 2000

  • How does GRMN annual quick ratio rank versus sector peers?

    GRMN annual quick ratio is higher than 71.88% of companies in Technology sector

  • When is GRMN next annual earnings release?

    The next annual earnings release for GRMN is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. GRMN Official Website www.garmin.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1121788/000119312525254605/0001193125-25-254605-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1121788/000095017025022760/0000950170-25-022760-index.htm
  4. GRMN Profile on Yahoo Finance finance.yahoo.com/quote/GRMN
  5. GRMN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/grmn