Garmin Ltd Net Asset Quality Index
Garmin Ltd net asset quality index. Garmin Ltd (GRMN) has a Net Asset Quality Index of 79.0% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $11.42 Billion minus total liabilities of $2.39 Billion yields net assets of $9.03 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See Garmin Ltd net assets for net asset value and shareholders' equity analysis.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Garmin Ltd (1999–2025)
Net asset quality index of Garmin Ltd from 1999 to 2025. This chart shows how Garmin Ltd's Net Asset Quality Index has evolved across 27 annual periods from 1999 to 2025. As of June 2026, the index stands at 79.0%, representing net assets of $9.03 Billion against total assets of $11.42 Billion USD. Check Garmin Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Garmin Ltd Net Asset Quality Index by Year (1999–2025)
Garmin Ltd net asset quality index by year from 1999 to 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 live market cap and overall valuation, 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 | — |