Garmin Ltd
NYSE:GRMN
Bankruptcy Probability
Garmin Ltd's probability of bankruptcy is 1%, making a collapse highly unlikely. The solvency score is 80/100 — a strong indicator of financial stability.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
Garmin Ltd Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CH |
G
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Garmin Ltd
NYSE:GRMN
|
45.8B USD |
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Sony Group Corp
TSE:6758
|
20T JPY |
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| JP |
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Panasonic Holdings Corp
TSE:6752
|
5.7T JPY |
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| CN |
T
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TCL Technology Group Corp
SZSE:000100
|
100.7B CNY |
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| KR |
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LG Electronics Inc
KRX:066570
|
19.8T KRW |
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| CN |
S
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Shenzhen MTC Co Ltd
SZSE:002429
|
48B CNY |
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| CN |
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Sichuan Changhong Electric Co Ltd
SSE:600839
|
45.7B CNY |
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| IN |
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Dixon Technologies (India) Ltd
NSE:DIXON
|
593.6B INR |
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| CN |
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Hisense Visual Technology Co Ltd
SSE:600060
|
29.4B CNY |
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| JP |
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Nikon Corp
TSE:7731
|
624.8B JPY |
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| CN |
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TCL Electronics Holdings Ltd
HKEX:1070
|
30.1B HKD |
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Garmin Ltd's probability of bankruptcy is 1%, making a collapse highly unlikely.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, Garmin Ltd has no debt.
You can find a full breakdown on its Balance Sheet.
