Total Debt
$178M
Net Debt
-$2.49B
Garmin Ltd. currently has $178M in total debt. Net debt is -$2.49B after cash offsets. This 'Net Cash' position indicates exceptional financial strength.
Financial Fundamentals
GRMN • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-06-27 | 0.18 | 2.67 | -2.49Net Cash | 11.42 | 1.6% |
| 2026-03-28 | 0.17 | 2.70 | -2.53Net Cash | 10.95 | 1.5% |
| 2025-12-27 | 0.20 | 2.74 | -2.54Net Cash | 10.99 | 1.8% |
| 2025-09-27 | 0.16 | 2.54 | -2.38Net Cash | 10.52 | 1.5% |
| 2025-06-28 | 0.15 | 2.59 | -2.44Net Cash | 10.32 | 1.4% |
| 2025-03-29 | 0.14 | 2.67 | -2.53Net Cash | 9.79 | 1.4% |
| 2024-12-31 | 0.13 | 2.50 | -2.37Net Cash | 9.63 | 1.4% |
| 2024-09-28 | 0.11 | 2.42 | -2.31Net Cash | 9.35 | 1.2% |
| 2024-06-29 | 0.10 | 2.23 | -2.12Net Cash | 8.88 | 1.2% |
| 2024-03-30 | 0.11 | 2.20 | -2.09Net Cash | 8.63 | 1.2% |
| 2023-12-31 | 0.11 | 1.97 | -1.86Net Cash | 8.60 | 1.3% |
| 2023-09-30 | 0.11 | 1.70 | -1.58Net Cash | 7.97 | 1.4% |
| 2023-07-01 | 0.11 | 1.68 | -1.57Net Cash | 7.87 | 1.4% |
| 2023-04-01 | 0.11 | 1.55 | -1.44Net Cash | 7.73 | 1.4% |
| 2022-12-31 | 0.11 | 1.45 | -1.34Net Cash | 7.73 | 1.5% |
| 2022-09-24 | 0.10 | 1.46 | -1.36Net Cash | 7.63 | 1.3% |
| 2022-06-25 | 0.11 | 1.61 | -1.51Net Cash | 7.81 | 1.4% |
| 2022-03-26 | 0.08 | 1.79 | -1.71Net Cash | 7.70 | 1.1% |
| 2021-12-31 | 0.07 | 1.85 | -1.78Net Cash | 7.85 | 0.9% |
| 2021-09-25 | 0.07 | 1.98 | -1.91Net Cash | 7.57 | 0.9% |
| 2021-06-26 | 0.07 | 1.97 | -1.90Net Cash | 7.40 | 1.0% |
| 2021-03-27 | 0.07 | 1.94 | -1.87Net Cash | 7.00 | 1.1% |
| 2020-12-31 | 0.08 | 1.85 | -1.77Net Cash | 7.03 | 1.1% |
| 2020-09-26 | 0.06 | 1.65 | -1.60Net Cash | 6.55 | 0.9% |
| 2020-06-27 | 0.06 | 1.74 | -1.68Net Cash | 6.22 | 1.0% |
| 2020-03-28 | 0.05 | 1.44 | -1.39Net Cash | 6.05 | 0.9% |
| 2019-12-31 | 0.05 | 1.40 | -1.35Net Cash | 6.17 | 0.8% |
| 2019-09-28 | 0.04 | 1.28 | -1.23Net Cash | 5.76 | 0.7% |
| 2019-06-29 | 0.05 | 1.06 | -1.01Net Cash | 5.52 | 0.8% |
| 2019-03-30 | 0.04 | 1.31 | -1.27Net Cash | 5.28 | 0.8% |
| 2018-12-31 | 0.00 | 1.38 | -1.38Net Cash | 5.38 | 0.0% |
| 2018-09-29 | 0.00 | 1.23 | -1.23Net Cash | 5.10 | 0.0% |
| 2018-06-30 | 0.00 | 1.12 | -1.12Net Cash | 4.99 | 0.0% |
| 2018-03-31 | 0.00 | 1.07 | -1.07Net Cash | 4.86 | 0.0% |
| 2017-12-31 | 0.00 | 1.05 | -1.05Net Cash | 5.01 | 0.0% |
| 2017-09-30 | 0.00 | 1.14 | -1.14Net Cash | 4.84 | 0.0% |
| 2017-07-01 | 0.00 | 1.11 | -1.11Net Cash | 4.75 | 0.0% |
| 2017-04-01 | 0.00 | 1.09 | -1.09Net Cash | 4.60 | 0.0% |
| 2016-12-31 | 0.00 | 1.11 | -1.11Net Cash | 4.53 | 0.0% |
| 2016-09-24 | 0.00 | 1.11 | -1.11Net Cash | 4.59 | 0.0% |
| 2016-06-25 | 0.00 | 1.05 | -1.05Net Cash | 4.53 | 0.0% |
| 2016-03-26 | 0.00 | 1.06 | -1.06Net Cash | 4.41 | 0.0% |
| 2015-12-31 | 0.00 | 1.05 | -1.05Net Cash | 4.50 | 0.0% |
| 2015-09-26 | 0.00 | 1.13 | -1.13Net Cash | 4.39 | 0.0% |
| 2015-06-27 | 0.00 | 1.14 | -1.14Net Cash | 4.42 | 0.0% |
| 2015-03-28 | 0.00 | 1.44 | -1.44Net Cash | 4.54 | 0.0% |
| 2014-12-31 | 0.00 | 1.36 | -1.36Net Cash | 4.69 | 0.0% |
| 2014-09-27 | 0.00 | 1.31 | -1.31Net Cash | 4.67 | 0.0% |
| 2014-06-28 | 0.00 | 1.40 | -1.40Net Cash | 4.74 | 0.0% |
| 2014-03-29 | 0.00 | 1.30 | -1.30Net Cash | 4.74 | 0.0% |
| 2013-12-31 | 0.00 | 1.33 | -1.33Net Cash | 4.88 | 0.0% |
| 2013-09-28 | 0.00 | 1.20 | -1.20Net Cash | 4.82 | 0.0% |
| 2013-06-29 | 0.00 | 1.23 | -1.23Net Cash | 4.60 | 0.0% |
| 2013-03-30 | 0.00 | 1.24 | -1.24Net Cash | 4.57 | 0.0% |
| 2012-12-31 | 0.00 | 1.38 | -1.38Net Cash | 4.82 | 0.0% |
| 2012-09-29 | 0.00 | 1.37 | -1.37Net Cash | 4.63 | 0.0% |
| 2012-06-30 | 0.00 | 1.36 | -1.36Net Cash | 4.46 | 0.0% |
| 2012-03-31 | 0.00 | 1.38 | -1.38Net Cash | 4.32 | 0.0% |
| 2011-12-31 | 0.00 | 1.41 | -1.41Net Cash | 4.47 | 0.0% |
| 2011-09-24 | 0.00 | 1.46 | -1.46Net Cash | 4.33 | 0.0% |
| 2011-06-25 | 0.00 | 1.48 | -1.48Net Cash | 4.20 | 0.0% |
| 2011-03-26 | 0.00 | 1.25 | -1.25Net Cash | 3.94 | 0.0% |
| 2010-12-31 | 0.00 | 1.29 | -1.29Net Cash | 3.99 | 0.0% |
| 2010-09-25 | 0.00 | 1.26 | -1.26Net Cash | 3.66 | 0.0% |
| 2010-06-26 | 0.00 | 1.19 | -1.19Net Cash | 3.43 | 0.0% |
| 2010-03-27 | 0.00 | 1.31 | -1.31Net Cash | 3.55 | 0.0% |
| 2009-12-31 | 0.00 | 1.11 | -1.11Net Cash | 3.83 | 0.0% |
| 2009-09-26 | 0.00 | 1.03 | -1.03Net Cash | 3.52 | 0.0% |
| 2009-06-27 | 0.00 | 0.98 | -0.98Net Cash | 3.14 | 0.0% |
| 2009-03-28 | 0.00 | 0.94 | -0.94Net Cash | 2.79 | 0.0% |
| 2008-12-31 | 0.00 | 0.71 | -0.71Net Cash | 2.92 | 0.0% |
| 2008-09-27 | 0.00 | 0.54 | -0.54Net Cash | 3.02 | 0.0% |
| 2008-06-28 | 0.00 | 0.66 | -0.66Net Cash | 3.13 | 0.0% |
| 2008-03-29 | 0.00 | 0.62 | -0.62Net Cash | 3.08 | 0.0% |
| 2007-12-31 | 0.00 | 0.75 | -0.75Net Cash | 3.29 | 0.0% |
| 2007-09-29 | 0.00 | 0.76 | -0.76Net Cash | 2.65 | 0.0% |
| 2007-06-30 | 0.00 | 0.82 | -0.82Net Cash | 2.44 | 0.0% |
| 2007-03-31 | 0.00 | 0.57 | -0.57Net Cash | 2.02 | 0.0% |
| 2006-12-31 | 0.00 | 0.41 | -0.41Net Cash | 1.90 | 0.0% |
| 2006-09-30 | 0.00 | 0.46 | -0.46Net Cash | 1.80 | 0.0% |
| 2006-07-01 | 0.00 | 0.42 | -0.42Net Cash | 1.66 | 0.0% |
| 2006-04-01 | 0.00 | 0.36 | -0.36Net Cash | 1.47 | 0.0% |
| 2005-12-31 | 0.00 | 0.37 | -0.37Net Cash | 1.36 | 0.0% |
| 2005-09-24 | 0.00 | 0.37 | -0.37Net Cash | 1.30 | 0.0% |
| 2005-06-25 | 0.00 | 0.34 | -0.34Net Cash | 1.23 | 0.0% |
| 2005-03-26 | 0.00 | 0.30 | -0.30Net Cash | 1.15 | 0.0% |
| 2004-12-31 | 0.00 | 0.31 | -0.31Net Cash | 1.12 | 0.0% |
| 2004-09-25 | 0.00 | 0.37 | -0.37Net Cash | 1.06 | 0.0% |
| 2004-06-26 | 0.00 | 0.31 | -0.31Net Cash | 0.97 | 0.0% |
| 2004-03-27 | 0.00 | 0.34 | -0.34Net Cash | 0.90 | 0.0% |
| 2003-12-31 | 0.00 | 0.33 | -0.33Net Cash | 0.86 | 0.0% |
| 2003-09-27 | 0.00 | 0.33 | -0.33Net Cash | 0.82 | 0.0% |
| 2003-06-28 | 0.00 | 0.34 | -0.34Net Cash | 0.77 | 0.0% |
| 2003-03-29 | 0.02 | 0.33 | -0.31Net Cash | 0.74 | 2.7% |
| 2002-12-31 | 0.02 | 0.33 | -0.31Net Cash | 0.70 | 2.9% |
| 2002-09-28 | 0.02 | 0.27 | -0.25Net Cash | 0.63 | 3.2% |
| 2002-06-29 | 0.02 | 0.30 | -0.28Net Cash | 0.60 | 3.4% |
| 2002-03-30 | 0.03 | 0.25 | -0.22Net Cash | 0.57 | 5.2% |
| 2001-12-31 | 0.03 | 0.23 | -0.20Net Cash | 0.53 | 6.0% |
| 2001-09-29 | 0.04 | 0.31 | -0.28Net Cash | 0.52 | 6.8% |
| 2001-06-30 | 0.04 | 0.28 | -0.24Net Cash | 0.50 | 7.6% |
| 2001-03-31 | 0.04 | 0.25 | -0.21Net Cash | 0.48 | 9.2% |
| 2000-12-31 | 0.05 | 0.25 | -0.20Net Cash | 0.46 | 10.1% |