Garmin Ltd (GEY) — Cash Flow-to-Debt Ratio
Garmin Ltd (GEY) has a Cash Flow-to-Debt Ratio of 0.32x as of March 2026, meaning its operating cash flow of €535.99 Million could theoretically repay 0% of its total liabilities (€1.68 Billion) in one year. See Garmin Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Garmin Ltd Cash Flow-to-Debt Ratio (2013–2025)
Historical debt coverage capacity for Garmin Ltd across 12 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Garmin Ltd.
Annual Cash Flow-to-Debt Ratio for Garmin Ltd (2013–2025)
Year-by-year debt coverage analysis for Garmin Ltd. Check Garmin Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.81x | €1.63 Billion | €2.02 Billion | ▲ +0.5% |
| 2024 | 0.80x | €1.43 Billion | €1.78 Billion | ▼ -7.0% |
| 2023 | 0.86x | €1.38 Billion | €1.59 Billion | ▲ +67.5% |
| 2022 | 0.52x | €788.26 Million | €1.53 Billion | ▼ -11.3% |
| 2021 | 0.58x | €1.01 Billion | €1.74 Billion | ▲ +14.4% |
| 2019 | 0.51x | €698.55 Million | €1.37 Billion | ▼ -32.5% |
| 2018 | 0.75x | €919.52 Million | €1.22 Billion | ▲ +37.8% |
| 2017 | 0.55x | €660.84 Million | €1.21 Billion | ▼ -14.2% |
| 2016 | 0.64x | €705.68 Million | €1.11 Billion | ▲ +162.3% |
| 2015 | 0.24x | €280.47 Million | €1.15 Billion | ▼ -40.0% |
| 2014 | 0.41x | €522.71 Million | €1.29 Billion | ▼ -21.5% |
| 2013 | 0.52x | €630.08 Million | €1.22 Billion | — |