Garmin Ltd. (GRMN)

Garmin Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 30, 2023	Dec 31, 2022	Dec 25, 2021	Dec 26, 2020	Dec 28, 2019
Cash & Equivalents	1,922	1,693	1,279	1,498	1,458	1,028
Short-Term Investments	274.58	274.62	173.29	347.98	387.64	376.46
Cash & Cash Equivalents	2,196	1,968	1,452	1,846	1,846	1,404
Cash Growth	41.66%	35.50%	-21.32%	-0.00%	31.48%	1.39%
Receivables	694.69	815.24	656.85	843.45	849.47	706.76
Inventory	1,302	1,346	1,515	1,228	762.08	752.91
Other Current Assets	324	334.87	330.78	344.68	211.71	194.08
Total Current Assets	4,517	4,464	3,955	4,262	3,669	3,058
Property, Plant & Equipment	1,343	1,368	1,285	1,157	950.17	792.51
Long-Term Investments	1,134	1,125	1,208	1,269	1,131	1,205
Goodwill and Intangibles	778.27	795.08	746.46	791.07	828.57	659.63
Other Long-Term Assets	861.69	851.34	536.16	375.95	452.12	451.34
Total Long-Term Assets	4,117	4,139	3,776	3,593	3,362	3,109
Total Assets	8,634	8,604	7,731	7,854	7,031	6,167
Accounts Payable	243.09	253.79	212.42	370.05	258.89	240.83
Deferred Revenue	134.67	137.34	126.79	129.27	136.8	161.89
Other Current Liabilities	739.63	919.56	872.42	948.83	768.53	633.21
Total Current Liabilities	1,117	1,311	1,212	1,448	1,164	1,036
Long-Term Debt	105.86	113.04	114.54	70.04	75.96	49.24
Other Long-Term Liabilities	164.54	167.79	200.65	222.08	275.08	288.13
Total Long-Term Liabilities	270.4	280.82	315.2	292.12	351.04	337.37
Total Liabilities	1,388	1,592	1,527	1,740	1,515	1,373
Total Debt	105.86	113.04	114.54	70.04	75.96	49.24
Debt Growth	-4.96%	-1.31%	63.53%	-7.79%	54.27%	-
Retained Earnings	5,440	5,264	4,734	4,321	3,754	3,229
Comprehensive Income	-122.06	-65.61	-114.53	117.84	183.43	55.87
Shareholders' Equity	7,246	7,012	6,204	6,114	5,516	4,793
Net Cash / Debt	2,091	1,855	1,338	1,776	1,770	1,355
Net Cash / Debt Growth	45.27%	38.65%	-24.67%	0.33%	30.65%	-2.16%
Working Capital	3,400	3,153	2,744	2,814	2,505	2,022
Book Value Per Share	37.76	36.65	32.37	31.79	28.84	24.20

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).