Garmin Ltd Quick Ratio (GRMN) starting from the third quarter 2026 to third quarter 2025, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Garmin Ltd  (NYSE: GRMN)
    Sector • Capital Goods    Industry • Aerospace & Defense
   Industry • Aerospace & Defense
   Sector • Capital Goods

Garmin Ltd's Quick Ratio

GRMN's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2026, Quick Ratio fell to 0.96 below Garmin Ltd average.

Within Aerospace & Defense industry Garmin Ltd booked the highest Quick Ratio than Garmin Ltd in the third quarter 2026. While Quick Ratio total ranking has improved so far during the Q3 2026 to 158, from total ranking in the second quarter 2026 at 311.

Explain Quick Ratio?
How much Cash & cash equivalents GRMN´s has?
What are GRMN´s Current Liabilities?




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GRMN Quick Ratio (Sep 26 2026)
Q3
(Jun 27 2026)
Q2
(Mar 28 2026)
Q1
(Dec 27 2025)
Q4
(Sep 27 2025)
Q3
Y / Y Current Liabilities Change 40.74 %
Y / Y Cash & cash equivalent Change -19.68 %
Quick Ratio MRQ 0.96
GRMN's Total Ranking # 158
Seq. Current Liabilities Change 8.95 %
Seq. Cash & cash equivalent Change -12.61 %



Quick Ratio third quarter 2026 Company Ranking
Within: No.
Aerospace & Defense Industry # 1
Capital Goods Sector # 8
Overall Market # 158


Quick Ratio Statistics
High Average Low
2.11 1.47 0.99
(Mar 30 2019)   (Jun 25 2022)




Financial Statements
Garmin Ltd's Current Liabilities $ 2,128 Millions Visit GRMN's Balance sheet
Garmin Ltd's Cash & cash equivalent $ 2,040 Millions Visit GRMN's Balance sheet
Source of GRMN's Sales Visit GRMN's Sales by Geography


Cumulative Garmin Ltd's Quick Ratio

GRMN's Quick Ratio for the trailling 12 Months

GRMN Quick Ratio

(Sep 26 2026)
12 Months
(Jun 27 2026)
12 Months
(Mar 28 2026)
12 Months
(Dec 27 2025)
12 Months
(Sep 27 2025)
12 Months
Y / Y Current Liabilities TTM Growth 18.16 %
Y / Y Cash & cash equivalent TTM Growth -4.75 %
Quick Ratio TTM 1.41
Total Ranking TTM # 2906
Seq. Current Liabilities TTM Growth 9.72 %
Seq. Cash & cash equivalent TTM Growth -4.85 %


On the trailing twelve months basis Due to rise in Current Liabilities in the Q3 2026 to $2,128.25 millions, cumulative Quick Ratio decreased to 1.41 below the Garmin Ltd average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Aerospace & Defense industry 32 other companies have achieved higher Quick Ratio than Garmin Ltd. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2026 from 1127 to 2906.

Explain Quick Ratio?
How much Cash & cash equivalents GRMN´s has?
What are GRMN´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Aerospace & Defense Industry # 33
Capital Goods Sector # 204
Within the Market # 2906


trailing twelve months Quick Ratio Statistics
High Average Low
1.73 1.44 1.15
(March 31, 2013)   (Apr 01 2023)




Companies with similar Quick Ratio in the quarter ending Sep 26 2026, within Aerospace & Defense Industry Quick RatioSep 26 2026 MRQ Cash & cash equivalentSep 26 2026 MRQ Current Liabilities
Voyager Technologies Inc   2.36 $ 553.613  Millions$ 234.412  Millions
Arxis Inc   1.74 $ 493.679  Millions$ 284.471  Millions
Loar Holdings Inc   1.47 $ 159.321  Millions$ 108.463  Millions
Sturm Ruger and Company Inc   1.21 $ 101.393  Millions$ 84.060  Millions
Axon Enterprise Inc   1.03 $ 1,473.568  Millions$ 1,426.902  Millions
Garmin Ltd  0.96 $ 2,039.779  Millions$ 2,128.252  Millions
Transdigm Group Incorporated  0.86 $ 2,279.000  Millions$ 2,638.000  Millions
Nextpower Inc   0.77 $ 1,056.086  Millions$ 1,373.485  Millions
Karman Holdings Inc   0.47 $ 68.168  Millions$ 146.109  Millions
Teledyne Technologies Inc  0.36 $ 562.400  Millions$ 1,564.400  Millions
L3harris Technologies Inc   0.34 $ 3,021.000  Millions$ 8,841.000  Millions
Northrop Grumman Corp  0.30 $ 4,168.000  Millions$ 13,753.000  Millions
The Boeing Company  0.28 $ 31,904.000  Millions$ 113,961.000  Millions
Leonardo Drs Inc   0.25 $ 294.000  Millions$ 1,157.000  Millions
Lockheed Martin Corporation  0.24 $ 5,960.000  Millions$ 24,540.000  Millions

Date modified: 2026-10-29T10:02:07+00:00



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