Garmin Ltd (GRMN) — Net Asset Quality Index
Garmin Ltd (GRMN) has a Net Asset Quality Index of 81.6% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $10.99 Billion minus total liabilities of $2.02 Billion yields net assets of $8.97 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check GRMN financial resilience 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 (1999–2025)
This chart shows how Garmin Ltd's Net Asset Quality Index has evolved across 27 annual periods from 1999 to 2025. As of December 2025, the index stands at 81.6%, representing net assets of $8.97 Billion against total assets of $10.99 Billion USD. See working capital to net assets of Garmin Ltd to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Garmin Ltd (1999–2025)
The table below presents the year-by-year Net Asset Quality Index for Garmin Ltd from 1999 to 2025, covering 27 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 Garmin Ltd (GRMN) market capitalisation.
| Year | Quality Index | Net Assets (USD) | 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 | ▼ -0.6 pp |
| 2020 | 78.5% | $5.52 Billion | $7.03 Billion | $1.52 Billion | ▲ +0.7 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 | ▲ +1.7 pp |
| 2012 | 73.3% | $3.53 Billion | $4.82 Billion | $1.29 Billion | ▲ +0.5 pp |
| 2011 | 72.8% | $3.26 Billion | $4.47 Billion | $1.21 Billion | ▼ -3.6 pp |
| 2010 | 76.5% | $3.05 Billion | $3.99 Billion | $939.13 Million | ▲ +2.3 pp |
| 2009 | 74.1% | $2.84 Billion | $3.83 Billion | $989.43 Million | ▼ -2.0 pp |
| 2008 | 76.1% | $2.23 Billion | $2.92 Billion | $698.73 Million | ▲ +4.7 pp |
| 2007 | 71.4% | $2.35 Billion | $3.29 Billion | $940.85 Million | ▼ -10.7 pp |
| 2006 | 82.1% | $1.56 Billion | $1.90 Billion | $339.12 Million | ▼ -2.8 pp |
| 2005 | 85.0% | $1.16 Billion | $1.36 Billion | $204.97 Million | ▲ +1.2 pp |
| 2004 | 83.8% | $935.86 Million | $1.12 Billion | $181.53 Million | ▼ -3.7 pp |
| 2003 | 87.5% | $749.69 Million | $856.95 Million | $107.25 Million | ▲ +1.2 pp |
| 2002 | 86.3% | $602.50 Million | $698.12 Million | $95.62 Million | ▲ +1.0 pp |
| 2001 | 85.3% | $453.97 Million | $532.15 Million | $78.19 Million | ▲ +6.5 pp |
| 2000 | 78.8% | $365.24 Million | $463.35 Million | $98.11 Million | ▲ +2.4 pp |
| 1999 | 76.4% | $194.60 Million | $254.65 Million | $60.05 Million | — |