Garmin Ltd (GRMN) - Total Liabilities

Latest as of December 2025: $2.02 Billion USD

Based on the latest financial reports, Garmin Ltd (GRMN) has total liabilities worth $2.02 Billion USD as of December 2025. 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. Explore Garmin Ltd (GRMN) cash conversion ratio to assess how effectively this company generates cash.

Garmin Ltd - Total Liabilities Trend (1999–2025)

This chart illustrates how Garmin Ltd's total liabilities have evolved over time, based on quarterly financial data. Check Garmin Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Garmin Ltd Competitors by Total Liabilities

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

Company	Country	Total Liabilities
Sea Ltd NYSE:SE	USA	$16.45 Billion
East Money Information Co Ltd SHE:300059	China	CN¥301.06 Billion
Targa Resources Inc NYSE:TRGP	USA	$21.34 Billion
Itau Unibanco Banco Holding SA NYSE:ITUB	USA	$2.86 Trillion
Ford Motor Company NYSE:F	USA	$253.57 Billion
KBC Groep NV BR:KBC	Belgium	€369.39 Billion
Adani Power Limited NSE:ADANIPOWER	India	Rs659.04 Billion

Liability Composition Analysis (1999–2025)

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 full company profile including market capitalisation, see GRMN market cap overview.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	3.63	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	0.23	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.18	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 (1999–2025)

The table below shows the annual total liabilities of Garmin Ltd from 1999 to 2025.

Year	Total Liabilities	Change
2025-12-31	$2.02 Billion	+13.41%
2024-12-31	$1.78 Billion	+11.98%
2023-12-31	$1.59 Billion	+4.24%
2022-12-31	$1.53 Billion	-12.26%
2021-12-31	$1.74 Billion	+14.85%
2020-12-31	$1.52 Billion	+10.34%
2019-12-31	$1.37 Billion	+12.58%
2018-12-31	$1.22 Billion	+1.00%
2017-12-31	$1.21 Billion	+9.09%
2016-12-31	$1.11 Billion	-4.08%
2015-12-31	$1.15 Billion	-10.52%
2014-12-31	$1.29 Billion	+5.74%
2013-12-31	$1.22 Billion	-5.24%
2012-12-31	$1.29 Billion	+5.97%
2011-12-31	$1.21 Billion	+29.35%
2010-12-31	$939.13 Million	-5.08%
2009-12-31	$989.43 Million	+41.60%
2008-12-31	$698.73 Million	-25.73%
2007-12-31	$940.85 Million	+177.44%
2006-12-31	$339.12 Million	+65.45%
2005-12-31	$204.97 Million	+12.91%
2004-12-31	$181.53 Million	+69.25%
2003-12-31	$107.25 Million	+12.17%
2002-12-31	$95.62 Million	+22.29%
2001-12-31	$78.19 Million	-20.31%
2000-12-31	$98.11 Million	+63.39%
1999-12-31	$60.05 Million	--

About Garmin Ltd

NYSE:GRMN USA Scientific & Technical Instruments

Market Cap

$46.66 Billion

Market Cap Rank

#559 Global

#270 in USA

Share Price

$242.42

Change (1 day)

-3.47%

52-Week Range

$187.10 - $267.52

All Time High

$267.52