In terms of working capital, Garmin Ltd. maintains a healthy position.
The total current assets of the company are valued at $4464140000.
This represents a growth rate of 12.869% compared to the previous year.
Breaking down the current assets, the cash and investments are worth $1693452000, exhibiting a growth rate of 32.384% year-on-year.
The receivables, another significant portion of the current assets, are valued at $815243000.
The year-on-year growth rate for receivables is 24.115%.
The inventory, which forms a critical part of the assets, is valued at $1345955000.
This represents a healthy year-on-year growth of -11.161%
On the liabilities side, the company's current liabilities total $1310687000.
This reflects a growth rate of 8.175% over the previous year, indicating the company's financial obligations are well under control.
2023
2022
2021
2020
2019
2018
Cash and investments
1693.45
1279.19
1498.06
1458.44
1027.57
1201.73
Receavebles
815.24
656.85
843.45
849.47
706.76
569.83
Inventory
1345.95
1515.05
1227.61
762.08
752.91
561.84
Other
318.56
315.92
328.72
191.57
169.04
120.51
Total Current Assets
4464.14
3955.15
4261.77
3669.35
3057.85
2665.37
Acc Payable
253.79
212.42
370.05
258.88
240.83
204.99
Short Term Debt
225.47
25.15
20.50
18.87
14.76
0.00
Other Current Liab
730.23
882.98
969.94
799.59
685.78
619.96
Current Liabilities
1310.69
1211.63
1448.15
1164.22
1035.93
921.31
Capital Structure
When examining the capital structure of Garmin Ltd., it is clear that the company manages a robust portfolio.
The value of their total assets clocks in at $8633880000.
When juxtaposed with the previous year, this marks a growth rate of 11.751%, showcasing the company's ability to steadily grow its asset base.
Turning to liabilities, the company has total liabilities amounting to $1387783000.
Compared to the prior year, this reflects a growth rate of 5.053%.
The long-term debt forms a sizable part of these liabilities, coming in at $105859000.
Over the last year, the long-term debt has grown by -4.964%.
On the asset side, the cash and equivalent reserves are worth $1921782000.
The year-on-year growth of these reserves is 41.142%.
The company's common stock, another important asset, holds a value of $19490000, growing at a rate of 8.404% from the previous year.
Finally, the company's retained earnings stand at $5440200000, marking a growth rate of 10.221% year-over-year.
These earnings represent the profits that Garmin Ltd. has chosen to reinvest in the business rather than distribute as dividends.
Total Assets
$8,633.88
Total liabilities
$1,387,783,000.00
Long term debt
$105.86
Cash and eqv
$1,921,782,000.00
Goodwill
$601.62
Retained earnings
$5,440,200,000.00
Common stock
$1.08
Enterprise Value
$24.89
Historical dividend key summary
Garmin Ltd.'s dividend per share is $2.92, showing the earnings shared with shareholders per share. It has grown by -49.315% this year, suggesting that the company is generating increased income for shareholders and expecting future earnings growth.
Years
Q1
Q2
Q3
Q4
Total
2024
0.730
0.750
0.000
0.000
1.480
2023
0.730
0.730
0.730
0.730
2.920
2022
0.670
0.730
0.730
0.730
2.860
2021
0.610
0.670
0.670
0.670
2.620
2020
0.570
0.610
0.610
0.610
2.400
2019
0.530
0.570
0.570
0.570
2.240
2018
0.510
0.530
0.530
0.530
2.100
2017
0.510
0.510
0.510
0.510
2.040
2016
0.510
0.510
0.510
0.510
2.040
2015
0.480
0.510
0.510
0.510
2.010
2014
0.450
0.480
0.480
0.480
1.890
2013
0.450
0.450
0.450
0.450
1.800
2012
0.400
0.450
0.450
0.450
1.750
2011
0.000
0.800
0.400
0.400
1.600
2010
0.000
1.501
0.000
0.000
1.501
2009
0.000
0.000
0.000
0.750
0.750
2008
0.000
0.000
0.000
0.750
0.750
2007
0.000
0.000
0.750
0.000
0.750
2006
0.000
0.000
0.000
0.500
0.500
2005
0.000
0.000
0.000
0.250
0.250
2004
0.000
0.000
0.000
0.250
0.250
2003
0.000
0.000
0.000
0.250
0.250
Net earnings per share (EPS)
Garmin Ltd. has an EPS of $1.44, which signifies the profit allocated per share of common stock. With a growth rate of -78.635% this year, it indicates the company's increasing profitability and potential for share value growth. This trend signals robust financial performance and future potential.
Years
Q1
Q2
Q3
Q4
Total
2024
1.44
-
-
-
1.44
2023
1.06
1.51
1.34
2.83
6.74
2022
1.1
1.34
1.09
1.53
5.06
2021
1.15
1.65
1.35
1.49
5.64
2020
0.84
0.96
1.64
1.74
5.18
2019
0.74
1.18
1.2
1.9
5.02
2018
0.69
1.01
0.98
1.01
3.69
2017
1.27
0.94
0.81
0.74
3.76
2016
0.46
0.85
0.66
0.73
2.70
2015
0.35
0.72
0.63
0.7
2.40
2014
0.61
0.94
-0.76
1.1
1.89
2013
0.45
0.88
0.96
0.84
3.13
2012
0.45
0.95
0.72
0.66
2.78
2011
0.49
0.56
0.77
0.85
2.67
2010
0.19
0.68
1.44
0.68
2.99
2009
0.24
0.81
1.07
1.38
3.50
2008
0.68
1.2
0.83
0.78
3.49
2007
0.65
0.99
0.89
1.39
3.92
2006
0.2
0.57
0.57
0.82
2.16
2005
0.11
0.34
0.24
0.4
1.09
2004
0.08
0.26
0.31
0.22
0.87
2003
0.095
0.22
0.17
0.25
0.73
2002
0.0625
0.15
0.18
0.21
0.60
2001
0.11
0.17
0.12
0.13
0.53
2000
0.065
0.065
0.065
0.13
0.34
Brief information
Garmin Ltd. (GRMN) stock split history
Understanding the historical stock splits of Garmin Ltd. (GRMN) provides insights into its past financial decisions and investor sentiment. A stock split occurs when a company increases its share count by dividing its existing shares. The most recent split took place on August 16, 2006 with a ratio of 2:1. Throughout its history, the company has undergone 1 stock splits. Below, we delve deeper into this history, highlighting past financial strategies.
