Garmin Ltd (GEY) — Net Asset Quality Index
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. Check how resilient are Garmin Ltd's assets to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
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. See Garmin Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 market value of Garmin Ltd.
| 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 | — |