Garmin LTD balance sheet
At the end of its fiscal year on Dec 27, 2025, Garmin LTD reported total assets of $10.99B and shareholders' equity of $8.97B. That works out to a current ratio of 3.63 (current assets ÷ current liabilities).
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $4.53B | $4.95B | $5.38B | $6.17B | $7.03B | $7.85B | $7.73B | $8.60B | $9.63B | $10.99B |
| Current assets | $2.26B | $2.35B | $2.67B | $3.06B | $3.67B | $4.26B | $3.96B | $4.46B | $5.34B | $6.25B |
| Cash & equivalents | $846.88M | $891.49M | $1.20B | $1.03B | $1.46B | $1.50B | $1.28B | $1.69B | $2.08B | $2.28B |
| Current liabilities | $782.74M | $792.12M | $921.31M | $1.04B | $1.16B | $1.45B | $1.21B | $1.31B | $1.51B | $1.72B |
| Shareholders' equity | $3.45B | $3.85B | $4.16B | $4.79B | $5.52B | $6.11B | $6.20B | $7.01B | $7.85B | $8.97B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1121788 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.