GRMNNEUTRAL

GRMN Current Ratio Analysis

3.03x

Updated 105h ago·SEC filings & market data

Key Takeaway

The current ratio measures a company's ability to cover short-term obligations with short-term assets; a 3.03x value means GRMN has $3.03 in current assets for every $1 of current liabilities.

Sector Performance

87th percentile

GRMN

3.03x

Sector Median

1.26x

Sector Avg

2.61x

Prior Period

4.36x(Jul 2026)

↓ Declining

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Deep Analysis

The current ratio measures a company's ability to cover short-term obligations with short-term assets; a 3.03x value means GRMN has $3.03 in current assets for every $1 of current liabilities.

That level is well above the sector median of 1.25x and places GRMN in the 88th percentile among sector peers. The year-over-year change is N/A, but quarter-over-quarter the ratio fell 30.5% from 4.

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: NWS (1.62x), ESTC (1.68x), DXCM (1.73x), GLW (1.81x), TEL (1.88x).

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Learn More About Current Ratio

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Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

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.