Garmin Ltd (GRMN) — Cash Flow-to-Debt Ratio
Garmin Ltd (GRMN) 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. Explore investment intensity of Garmin Ltd to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Garmin Ltd Cash Flow-to-Debt Ratio (1999–2025)
Historical debt coverage capacity for Garmin Ltd across 27 annual periods. Also explore how large is Garmin Ltd's balance sheet for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Garmin Ltd (1999–2025)
Year-by-year debt coverage analysis for Garmin Ltd. For market capitalisation and broader financial context, see market cap of Garmin Ltd.
| Year | CF-to-Debt Ratio | Operating CF (USD) | 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 | ▼ -22.4% |
| 2020 | 0.75x | $1.14 Billion | $1.52 Billion | ▲ +47.3% |
| 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 | ▼ -2.9% |
| 2012 | 0.53x | $684.75 Million | $1.29 Billion | ▼ -21.4% |
| 2011 | 0.68x | $822.33 Million | $1.21 Billion | ▼ -17.5% |
| 2010 | 0.82x | $770.64 Million | $939.13 Million | ▼ -25.8% |
| 2009 | 1.11x | $1.09 Billion | $989.43 Million | ▼ -10.4% |
| 2008 | 1.23x | $862.16 Million | $698.73 Million | ▲ +70.2% |
| 2007 | 0.72x | $682.09 Million | $940.85 Million | ▼ -32.1% |
| 2006 | 1.07x | $361.86 Million | $339.12 Million | ▼ -11.5% |
| 2005 | 1.21x | $247.00 Million | $204.97 Million | ▲ +4.7% |
| 2004 | 1.15x | $208.94 Million | $181.53 Million | ▼ -29.5% |
| 2003 | 1.63x | $175.18 Million | $107.25 Million | ▼ -11.0% |
| 2002 | 1.83x | $175.41 Million | $95.62 Million | ▲ +10.3% |
| 2001 | 1.66x | $129.99 Million | $78.19 Million | ▲ +84.7% |
| 2000 | 0.90x | $88.32 Million | $98.11 Million | ▲ +21.9% |
| 1999 | 0.74x | $44.34 Million | $60.05 Million | — |