Current Ratio
Updated 80h ago
Sector Performance
95th percentileGRMN
4.36x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
A current ratio of 4.36x means the company has $4.36 in short-term assets for every $1 of short-term liabilities, indicating it can easily cover debts due within a year.
This is well above the sector median of 1.21x, placing GRMN in the 95th percentile among its peers. Trend data is unavailable: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and the last eight quarters show no recorded trend. The combination of a very high current ratio with no trend data suggests strong liquidity but leaves uncertainty about whether this level is stable or declining. This metric supports the overall NEUTRAL verdict because the high current ratio is a positive sign, but the absence of trend information limits conviction in either direction.
Frequently Asked Questions
What does the Current Ratio tell investors about GRMN?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
Who are GRMN's closest peers by Current Ratio?
The closest peers by Current Ratio include: SPG (0.41x), CHTR (0.40x), USB (0.40x), GEN (0.40x), DRI (0.39x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
Master GRMN's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
View full GRMN research report →GRMN
4.36x
Sector Median
1.20x
Sector Avg
2.57x
How GRMN's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.