Garmin Ltd.
GRMN 
NYE
Sector: Technology
Industry: Scientific & Technical Instruments
165.33
USD
1.91
(1.17%)
Optionable: Yes Market Cap: 27,706 M 90-day average vol: 1,041,517
Previous close: 163.42 Open: 164.0 Bid: 165.01 Ask: 169.0
52 week range
99.56 165.93
Last updated: Friday 3rd May 2024
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GRMN Balance Sheet
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Accounts payable | 149 M | 179 M | 172 M | 170 M | 205 M | 241 M | 259 M | 370 M | 212 M | 254 M |
| Accounts receivable | 570 M | 531 M | 527 M | 591 M | 570 M | 707 M | 849 M | 843 M | 657 M | 815 M |
| Accrued expenses | 812 M | 701 M | 636 M | 689 M | 825 M | 941 M | 1,077 M | 1,149 M | 944 M | 1,019 M |
| Accumulated depreciation & depletion | -429 M | -463 M | -497 M | -566 M | -610 M | -677 M | -732 M | -821 M | -905 M | -1,031 M |
| Additional paid in capital | 74 M | 62 M | 1,836 M | 1,828 M | 1,824 M | 1,836 M | 1,880 M | 1,961 M | 2,042 M | 2,125 M |
| Building & improvements | 325 M | 352 M | 377 M | 483 M | 539 M | 577 M | ||||
| Cash and equivalents | 1,196 M | 833 M | 847 M | 891 M | 1,202 M | 1,028 M | 1,458 M | 1,498 M | 1,279 M | 1,693 M |
| CashCashEquivalentsAndShortTermInvestments | 1,364 M | 1,048 M | 1,114 M | 1,053 M | 1,385 M | 1,404 M | 1,846 M | 1,846 M | 1,452 M | 1,968 M |
| Common par | 1,797 M | 1,797 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 20 M |
| Common stock equity | 3,403 M | 3,345 M | 3,418 M | 3,852 M | 4,163 M | 4,793 M | 5,516 M | 6,114 M | 6,204 M | 7,012 M |
| CommonStock | 1,797 M | 1,797 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 18 M | 20 M |
| Cost in excess | 179 M | 188 M | 225 M | 287 M | 301 M | 467 M | 584 M | 575 M | 568 M | 608 M |
| CurrentAccruedExpenses | 295 M | 307 M | 351 M | 390 M | 255 M | 426 M | 516 M | 393 M | 346 M | 400 M |
| CurrentCapitalLeaseObligation | 16 M | 17 M | 15 M | 18 M | ||||||
| CurrentDeferredAssets | 51 M | 49 M | 47 M | 31 M | 28 M | 25 M | 20 M | 16 M | 15 M | 16 M |
| CurrentDeferredRevenue | 204 M | 165 M | 147 M | 103 M | 96 M | 95 M | 87 M | 88 M | 91 M | 101 M |
| CurrentDeferredTaxesAssets | 148 M | 142 M | 134 M | 217 M | 317 M | 333 M | 337 M | 526 M | 873 M | |
| CurrentDeferredTaxesLiabilities | 74 M | 82 M | 85 M | 119 M | 163 M | 205 M | 194 M | 311 M | 640 M | |
| Deferred revenues | 277 M | 165 M | 147 M | 103 M | 96 M | 95 M | 87 M | 88 M | 91 M | 101 M |
| DeferredCosts | 36 M | 39 M | 56 M | 33 M | 23 M | 17 M | 12 M | 10 M | 11 M | |
| DividendsPayable | 185 M | 193 M | 96 M | 96 M | 200 M | 217 M | 234 M | 258 M | 140 M | 140 M |
| Finished goods | 244 M | 274 M | 271 M | 262 M | 260 M | 360 M | 332 M | 504 M | 733 M | 692 M |
| Float term debt | 70 M | 115 M | 113 M | |||||||
| GoodwillAndOtherIntangibleAssets | 218 M | 246 M | 305 M | 410 M | 417 M | 660 M | 829 M | 791 M | 746 M | 795 M |
| Gross fixed assets (Plant Property & Equipment) | 860 M | 909 M | 980 M | 1,162 M | 1,273 M | 1,470 M | 1,682 M | 1,978 M | 2,190 M | 2,398 M |
| IncomeTaxPayable | 182 M | 22 M | 16 M | 34 M | 52 M | 57 M | 69 M | 128 M | 246 M | 225 M |
| Intangibles | 218 M | 246 M | 305 M | 410 M | 116 M | 660 M | 829 M | 216 M | 178 M | 187 M |
| Inventories | 420 M | 501 M | 485 M | 518 M | 562 M | 753 M | 762 M | 1,228 M | 1,515 M | 1,346 M |
| InventoriesAdjustmentsAllowances | -39 M | -46 M | -40 M | |||||||
| Invested capital | 3,403 M | 3,345 M | 3,418 M | 3,852 M | 4,163 M | 4,793 M | 5,516 M | 6,184 M | 6,319 M | 7,125 M |
| Land & improvements | 94 M | 85 M | 105 M | 115 M | 132 M | 133 M | ||||
| LongTermCapitalLeaseObligation | 49 M | 76 M | 70 M | 115 M | 113 M | |||||
| LongTermDebtAndCapitalLeaseObligation | 49 M | 76 M | 70 M | 115 M | 113 M | |||||
| Machinery furniture & equipment | 189 M | 206 M | 222 M | 246 M | 603 M | 307 M | ||||
| Net fixed assets (net PP&E) | 431 M | 446 M | 483 M | 596 M | 664 M | 793 M | 950 M | 1,157 M | 1,285 M | 1,368 M |
| NetOtherUnrealizedGainLoss | -16 M | -27 M | 23 M | 585000.0 | 20 M | -6 M | -89 M | -54 M | ||
| Non-current deferred income taxes | 39 M | 56 M | 61 M | 77 M | 93 M | 115 M | 117 M | 118 M | 130 M | 115 M |
| NonCurrentAccruedExpenses | 81 M | 102 M | 121 M | 138 M | 106 M | 93 M | 63 M | 35 M | 17 M | |
| NonCurrentDeferredAssets | 104 M | 155 M | 166 M | 229 M | 206 M | 292 M | 262 M | 273 M | 451 M | 766 M |
| NonCurrentDeferredLiabilities | 175 M | 185 M | 202 M | 164 M | 170 M | 182 M | 167 M | 159 M | 166 M | 151 M |
| NonCurrentDeferredRevenue | 135 M | 129 M | 140 M | 87 M | 77 M | 67 M | 50 M | 42 M | 36 M | 36 M |
| NonCurrentDeferredTaxesAssets | 68 M | 117 M | 110 M | 196 M | 177 M | 269 M | 245 M | 260 M | 441 M | 755 M |
| Number of employees | 19700.0 | 19700.0 | 19700.0 | 19700.0 | 19700.0 | 19700.0 | 19700.0 | 19700.0 | 19700.0 | 19700.0 |
| Other current assets | 77 M | 98 M | 115 M | 131 M | 101 M | 85 M | 65 M | 31 M | 34 M | |
| Other equity adjustments | 8 M | |||||||||
| Other fixed assets | 252 M | 266 M | 276 M | 319 M | 793 M | 950 M | 1,157 M | 1,285 M | 1,368 M | |
| Other non-current assets | 22 M | 98 M | 95 M | 108 M | 100 M | 159 M | 190 M | 103 M | 85 M | 86 M |
| Other non-current liabilities | 1 M | 2 M | 2 M | 2 M | 2 M | 278000.0 | 15 M | 324000.0 | 360000.0 | 436000.0 |
| Other receivable | 3,122 M | 3,758 M | 4,187 M | 4,983 M | 4,860 M | 5,228 M | ||||
| OtherCurrentLiabilities | 268 M | 278 M | 403 M | 313 M | 586 M | 880 M | 211 M | 176 M | 190 M | |
| OtherDeferredCosts | 36 M | 39 M | 56 M | 33 M | 23 M | 17 M | 12 M | 10 M | 11 M | |
| OtherEquityInterest | 21 M | -14 M | -27 M | 79 M | 47 M | |||||
| OtherInventories | 420 M | 501 M | 485 M | 518 M | 753 M | 762 M | 1,228 M | 1,515 M | 1,346 M | |
| OtherPayable | 113 M | 371 M | 383 M | 274 M | ||||||
| Payables | 517 M | 394 M | 285 M | 299 M | 570 M | 515 M | 561 M | 756 M | 598 M | 619 M |
| Prepaid expenses | 49 M | 82 M | 90 M | 154 M | 121 M | 169 M | 192 M | 329 M | 316 M | 319 M |
| Raw materials | 161 M | 203 M | 152 M | 180 M | 206 M | 260 M | 282 M | 509 M | 601 M | 493 M |
| RecievablesAdjustmentsAllowances | -5 M | -7 M | -7 M | -5 M | -7 M | |||||
| Restricted cash | 308000.0 | |||||||||
| Retained earnings | 1,863 M | 1,900 M | 2,020 M | 2,475 M | 2,711 M | 3,285 M | 3,938 M | 4,439 M | 4,619 M | 5,198 M |
| Total assets | 4,637 M | 4,499 M | 4,525 M | 4,948 M | 5,383 M | 6,167 M | 7,031 M | 7,854 M | 7,731 M | 8,604 M |
| Total current assets | 2,455 M | 2,211 M | 2,263 M | 2,346 M | 2,665 M | 3,058 M | 3,669 M | 4,262 M | 3,955 M | 4,464 M |
| Total current liabilities | 1,089 M | 866 M | 783 M | 792 M | 921 M | 1,036 M | 1,164 M | 1,448 M | 1,212 M | 1,311 M |
| Total equity | 3,403 M | 3,345 M | 3,418 M | 3,852 M | 4,163 M | 4,793 M | 5,516 M | 6,114 M | 6,204 M | 7,012 M |
| Total liabilities | 1,346 M | 1,154 M | 1,107 M | 1,096 M | 1,220 M | 1,373 M | 1,515 M | 1,740 M | 1,527 M | 1,592 M |
| Total non-current assets | 2,182 M | 2,288 M | 2,262 M | 2,602 M | 2,717 M | 3,109 M | 3,362 M | 3,593 M | 3,776 M | 4,139 M |
| Total non-current liabilities | 257 M | 288 M | 324 M | 304 M | 299 M | 337 M | 351 M | 292 M | 315 M | 281 M |
| TotalEquityGrossMinority | 3,403 M | 3,345 M | 3,418 M | 3,852 M | 4,793 M | 5,516 M | 6,114 M | 6,204 M | 7,012 M | |
| TotalEquityGrossMinorityInterest | 3,403 M | 3,345 M | 3,418 M | 3,852 M | 4,793 M | 5,516 M | 6,114 M | 6,204 M | 7,012 M | |
| TotalLiabilitiesAndTotalEquityGrossMinorityInterest | 4,749 M | 4,499 M | 4,525 M | 4,948 M | 5,383 M | 6,167 M | 7,031 M | 7,854 M | 7,731 M | 8,604 M |
| TotalNonCurrentLiabilitiesNetMinorityInteres | 257 M | 288 M | 324 M | 304 M | 299 M | 337 M | 351 M | 292 M | 315 M | 281 M |
| TotalTaxPayable | 182 M | 22 M | 16 M | 34 M | 52 M | 57 M | 69 M | 128 M | 246 M | 225 M |
| Treasury stock | -330 M | -415 M | -456 M | -469 M | -398 M | -345 M | -320 M | -303 M | -475 M | -331 M |
| Work in progress | 54 M | 70 M | 61 M | 76 M | 97 M | 133 M | 148 M | 214 M | 181 M | 161 M |
| Working capital | 1,366 M | 1,345 M | 1,480 M | 1,554 M | 1,744 M | 2,022 M | 2,505 M | 2,814 M | 2,744 M | 3,153 M |
| ltinv | 1,407 M | 1,343 M | 1,213 M | 1,260 M | 1,330 M | 1,205 M | 1,131 M | 1,269 M | 1,208 M | 1,125 M |
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