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Garmin Ltd
NYSE:GRMN

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Garmin Ltd
NYSE:GRMN
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Price: 209.36 USD -0.62% Market Closed
Market Cap: 40.2B USD
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Balance Sheet

Balance Sheet Decomposition
Garmin Ltd

Current Assets 5.2B
Cash & Short-Term Investments 2.4B
Receivables 935.4m
Other Current Assets 1.9B
Non-Current Assets 4.1B
Long-Term Investments 1.1B
PP&E 1.4B
Intangibles 780.1m
Other Non-Current Assets 893.8m
Current Liabilities 1.6B
Accounts Payable 374m
Accrued Liabilities 575.7m
Other Current Liabilities 629m
Non-Current Liabilities 262.5m
Other Non-Current Liabilities 262.5m

Balance Sheet
Garmin Ltd

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
1 196
833
847
892
1 202
1 028
1 458
1 498
1 279
1 693
Cash Equivalents
1 196
833
847
892
1 202
1 028
1 458
1 498
1 279
1 693
Short-Term Investments
168
215
267
162
183
377
388
348
173
275
Total Receivables
570
532
527
591
570
707
850
854
668
827
Accounts Receivables
570
532
527
591
570
707
850
854
668
827
Other Receivables
0
0
0
0
0
0
0
0
0
0
Inventory
421
501
485
518
562
753
762
1 228
1 515
1 346
Other Current Assets
156
131
137
184
149
194
212
334
320
323
Total Current Assets
2 511
2 211
2 263
2 346
2 665
3 058
3 669
4 262
3 955
4 464
PP&E Net
431
446
483
596
664
793
950
1 157
1 285
1 368
PP&E Gross
431
446
483
596
664
793
950
1 157
1 285
1 368
Accumulated Depreciation
429
463
497
567
610
677
732
821
905
1 031
Intangible Assets
39
58
80
123
116
193
244
216
179
187
Goodwill
179
188
225
287
301
467
584
575
568
608
Long-Term Investments
1 407
1 343
1 213
1 260
1 330
1 206
1 131
1 269
1 208
1 125
Other Long-Term Assets
126
253
261
337
307
451
452
376
536
851
Other Assets
179
188
225
287
301
467
584
575
568
608
Total Assets
4 693
N/A
4 499
-4%
4 525
+1%
4 948
+9%
5 383
+9%
6 167
+15%
7 031
+14%
7 854
+12%
7 731
-2%
8 604
+11%
Liabilities
Accounts Payable
149
179
172
170
205
241
259
370
212
254
Accrued Liabilities
295
307
351
390
368
426
516
604
522
590
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Other Current Liabilities
589
380
259
233
349
369
389
474
477
467
Total Current Liabilities
1 033
866
783
792
921
1 036
1 164
1 448
1 212
1 311
Long-Term Debt
0
0
0
0
0
0
0
0
0
0
Deferred Income Tax
40
56
61
77
93
115
117
118
130
115
Other Liabilities
217
232
263
227
206
223
234
175
185
166
Total Liabilities
1 290
N/A
1 154
-11%
1 107
-4%
1 096
-1%
1 220
+11%
1 373
+13%
1 515
+10%
1 740
+15%
1 527
-12%
1 592
+4%
Equity
Common Stock
1 797
1 797
18
18
18
18
18
18
18
20
Retained Earnings
1 860
1 931
2 057
2 418
2 711
3 229
3 754
4 321
4 734
5 264
Additional Paid In Capital
74
62
1 836
1 828
1 824
1 836
1 880
1 961
2 043
2 125
Unrealized Security Profit/Loss
18
16
27
23
39
1
21
6
89
54
Treasury Stock
330
415
456
469
398
345
320
303
475
331
Other Equity
21
14
9
79
47
55
163
123
26
12
Total Equity
3 403
N/A
3 345
-2%
3 418
+2%
3 852
+13%
4 163
+8%
4 794
+15%
5 516
+15%
6 114
+11%
6 204
+1%
7 012
+13%
Total Liabilities & Equity
4 693
N/A
4 499
-4%
4 525
+1%
4 948
+9%
5 383
+9%
6 167
+15%
7 031
+14%
7 854
+12%
7 731
-2%
8 604
+11%
Shares Outstanding
Common Shares Outstanding
192
190
189
188
190
191
192
193
192
192