Garmin Ltd (GEY) — Net Asset Quality Index

Latest as of March 2026: 84.6%

Garmin Ltd (GEY) has a Net Asset Quality Index of 84.6% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of €10.95 Billion minus total liabilities of €1.68 Billion yields net assets of €9.27 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See GEY cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Quality Index

84.6%
Equity / Total Assets

Net Assets

€9.27 Billion
EUR

Total Assets

€10.95 Billion
EUR

Total Liabilities

€1.68 Billion
EUR

Garmin Ltd Net Asset Quality Index Over Time (2013–2025)

This chart shows how Garmin Ltd's Net Asset Quality Index has evolved across 12 annual periods from 2013 to 2025. As of March 2026, the index stands at 84.6%, representing net assets of €9.27 Billion against total assets of €10.95 Billion EUR. Explore GEY cash generation efficiency to assess how effectively this company generates cash.

Annual Net Asset Quality Index for Garmin Ltd (2013–2025)

The table below presents the year-by-year Net Asset Quality Index for Garmin Ltd from 2013 to 2025, covering 12 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see GEY market cap overview.

Year Quality Index Net Assets (EUR) Total Assets Total Liabilities Change (pp)
2025 81.6% €8.97 Billion €10.99 Billion €2.02 Billion ▲ +0.1 pp
2024 81.5% €7.85 Billion €9.63 Billion €1.78 Billion ▼ 0.0 pp
2023 81.5% €7.01 Billion €8.60 Billion €1.59 Billion ▲ +1.3 pp
2022 80.3% €6.20 Billion €7.73 Billion €1.53 Billion ▲ +2.4 pp
2021 77.8% €6.11 Billion €7.85 Billion €1.74 Billion ▲ +0.1 pp
2019 77.7% €4.79 Billion €6.17 Billion €1.37 Billion ▲ +0.4 pp
2018 77.3% €4.16 Billion €5.38 Billion €1.22 Billion ▲ +1.4 pp
2017 75.9% €3.80 Billion €5.01 Billion €1.21 Billion ▲ +0.4 pp
2016 75.5% €3.42 Billion €4.53 Billion €1.11 Billion ▲ +1.2 pp
2015 74.3% €3.35 Billion €4.50 Billion €1.15 Billion ▲ +1.8 pp
2014 72.5% €3.40 Billion €4.69 Billion €1.29 Billion ▼ -2.5 pp
2013 75.0% €3.66 Billion €4.88 Billion €1.22 Billion
pp = percentage points