Garmin Ltd (GEY) — Defensive Interval Ratio
Garmin Ltd (GEY) has a Defensive Interval Ratio of 359 days as of March 2026. Defensive assets of €1.35 Billion (cash €-, short-term investments €411.03 Million, receivables €940.96 Million) cover 359 days of daily cash needs of €3.77 Million/day. Check Garmin Ltd (GEY) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Garmin Ltd Defensive Interval Ratio (2013–2025)
This chart shows how Garmin Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 359 days, meaning defensive assets of €1.35 Billion can fund 359 days of operations without new revenue. Also explore how fast is Garmin Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Garmin Ltd (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Garmin Ltd from 2013 to 2025, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see GEY market cap.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 363 days | €1.71 Billion | €4.71 Million/day | €- | €459.20 Million | ▲ +23 days |
| 2024 | 340 days | €1.40 Billion | €4.13 Million/day | €- | €421.27 Million | ▲ +37 days |
| 2023 | 304 days | €1.09 Billion | €3.59 Million/day | €- | €274.62 Million | ▲ +53 days |
| 2022 | 250 days | €830.13 Million | €3.32 Million/day | €- | €173.29 Million | ▼ -50 days |
| 2021 | 300 days | €1.19 Billion | €3.97 Million/day | €- | €347.98 Million | ▼ -81 days |
| 2019 | 382 days | €1.08 Billion | €2.84 Million/day | €- | €376.46 Million | ▲ +83 days |
| 2018 | 298 days | €752.82 Million | €2.52 Million/day | €- | €182.99 Million | ▼ -49 days |
| 2017 | 347 days | €752.57 Million | €2.17 Million/day | €- | €161.69 Million | ▼ -23 days |
| 2016 | 370 days | €794.01 Million | €2.14 Million/day | €- | €266.95 Million | ▲ +56 days |
| 2015 | 315 days | €746.64 Million | €2.37 Million/day | €- | €215.16 Million | ▲ +54 days |
| 2014 | 261 days | €738.18 Million | €2.83 Million/day | €- | €167.99 Million | ▼ -83 days |
| 2013 | 343 days | €851.83 Million | €2.48 Million/day | €- | €149.86 Million | — |