Garmin Ltd Cash Flow-to-Debt Ratio
Garmin Ltd cash flow-to-debt ratio. Garmin Ltd (GRMN) has a Cash Flow-to-Debt Ratio of 0.14x as of June 2026, meaning its operating cash flow of $337.93 Million could theoretically repay 0% of its total liabilities ($2.39 Billion) in one year. Check GRMN cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Garmin Ltd (1999–2025)
Cash flow-to-debt ratio of Garmin Ltd from 1999 to 2025. Historical debt coverage capacity for Garmin Ltd across 27 annual periods. Check Garmin Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Garmin Ltd Cash Flow-to-Debt Ratio by Year (1999–2025)
Garmin Ltd cash flow-to-debt ratio by year from 1999 to 2025. Year-by-year debt coverage analysis for Garmin Ltd. For the full cash flow conversion analysis, see cash flow conversion 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 | — |