Garmin Ltd Total Liabilities

Latest as of March 2026: €1.68 Billion EUR ≈ $1.97 Billion USD

Garmin Ltd total liabilities. Based on the latest financial reports, Garmin Ltd (GEY) has total liabilities worth €1.68 Billion EUR (≈ $1.97 Billion USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check Garmin Ltd (GEY) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Total Liabilities of Garmin Ltd (2013–2025)

Total liabilities of Garmin Ltd from 2013 to 2025. This chart illustrates how Garmin Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore long-term investment intensity of Garmin Ltd to see how much of total assets are deployed in long-term investments.

Garmin Ltd Competitors by Total Liabilities

The table below lists competitors of Garmin Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
Adani Power Limited NSE:ADANIPOWER	India	Rs-664.02 Billion
Powszechna Kasa Oszczednosci Bank Polski SA WAR:PKO	Poland	zł533.98 Billion
Bank of Communications Co. Ltd F:C4C	Germany	€14.97 Trillion
IQVIA Holdings Inc NYSE:IQV	USA	$23.58 Billion
Goodman Group AU:GMG	Australia	AU$8.65 Billion
Prudential plc MX:PUKN	Mexico	MX$190.84 Billion
Nokia Corp ADR NYSE:NOK	USA	$16.53 Billion
American International Group Inc NYSE:AIG	USA	$121.11 Billion

Liability Composition Analysis (2013–2025)

This chart breaks down Garmin Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the complete balance sheet picture, see GEY asset base.

Liquidity & Leverage Metrics

Garmin Ltd Total Liabilities Ratios Explained

Garmin Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

Metric	Value	Description
Current Ratio	4.36	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	0.18	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.15	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Garmin Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Garmin Ltd (2013–2025)

The table below shows the annual total liabilities of Garmin Ltd from 2013 to 2025.

Year	Total Liabilities	Change
2025-12-31	€2.02 Billion ≈ $2.36 Billion	+13.41%
2024-12-31	€1.78 Billion ≈ $2.08 Billion	+11.98%
2023-12-31	€1.59 Billion ≈ $1.86 Billion	+4.24%
2022-12-31	€1.53 Billion ≈ $1.79 Billion	-12.26%
2021-12-31	€1.74 Billion ≈ $2.03 Billion	+26.72%
2019-12-31	€1.37 Billion ≈ $1.61 Billion	+12.58%
2018-12-31	€1.22 Billion ≈ $1.43 Billion	+1.00%
2017-12-31	€1.21 Billion ≈ $1.41 Billion	+9.09%
2016-12-31	€1.11 Billion ≈ $1.29 Billion	-4.08%
2015-12-31	€1.15 Billion ≈ $1.35 Billion	-10.52%
2014-12-31	€1.29 Billion ≈ $1.51 Billion	+5.74%
2013-12-31	€1.22 Billion ≈ $1.43 Billion	--

About Garmin Ltd

F:GEY Germany Scientific & Technical Instruments

Market Cap

$54.27 Billion

€46.42 Billion EUR

Market Cap Rank

#683 Global

#150 in Germany

Share Price

€240.70

Change (1 day)

-0.33%

52-Week Range

€168.00 - €273.30

All Time High

€273.30