Garmin Interest Income from 2010 to 2026

GRMN Stock

USD 215.94 1.20 0.56%

Garmin Interest Income yearly trend continues to be very stable with very little volatility. Interest Income is likely to grow to about 137.1 M this year. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals

Interest Income

First Reported

2019-03-31

Previous Quarter

31.7 M

Current Value

32.1 M

Quarterly Volatility

9 M

Covid

Interest Hikes

Check Garmin financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Garmin's main balance sheet or income statement drivers, such as Depreciation And Amortization of 217 M, Interest Expense of 31.4 M or Total Revenue of 7.6 B, as well as many indicators such as Price To Sales Ratio of 5.42, Dividend Yield of 0.0206 or PTB Ratio of 4.84. Garmin financial statements analysis is a perfect complement when working with Garmin Valuation or Volatility modules.

Build AI portfolio with Garmin Stock

Check out the analysis of Garmin Correlation against competitors.

To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.

Evaluating Garmin's Interest Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Garmin's fundamental strength.

Latest Garmin's Interest Income Growth Pattern

Below is the plot of the Interest Income of Garmin over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Garmin's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Garmin's overall financial position and show how it may be relating to other accounts over time.

Interest Income

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Interest Income

Timeline

Garmin Interest Income Regression Statistics

	Arithmetic Mean	45,427,612
	Geometric Mean	26,046,662
	Coefficient Of Variation	97.19
	Mean Deviation	33,628,674
	Median	36,925,000
	Standard Deviation	44,149,212
	Sample Variance	1949.2T
	Range	130.9M
	R-Value	0.88
	Mean Square Error	461.9T
	R-Squared	0.78
	Slope	7,710,716
	Total Sum of Squares	31186.4T

Garmin Interest Income History

	2026	137.1 M
	2025	130.5 M
	2024	113.5 M
	2023	77.3 M
	2022	40.8 M
	2021	28.6 M
	2020	37 M

Other Fundumenentals of Garmin

Net Interest Income

Garmin Interest Income component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Cash And Equivalents	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Good Will	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Treasury Stock	Accumulated Depreciation	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.88	0.98	0.95	0.79	0.96	1.0	0.37	-0.39	0.61	0.55	0.94	-0.1	0.86	0.94	0.81	0.76	0.09	0.35	-0.63	-0.77	0.86	0.85	0.75
Total Stockholder Equity	1.0		-0.86	0.99	0.95	0.77	0.94	0.99	0.38	-0.43	0.58	0.54	0.94	-0.14	0.87	0.95	0.82	0.77	0.07	0.31	-0.63	-0.77	0.88	0.87	0.76
Net Debt	-0.88	-0.86		-0.8	-0.82	-0.87	-0.91	-0.89	-0.36	0.1	-0.81	-0.55	-0.75	-0.19	-0.7	-0.76	-0.71	-0.51	-0.1	-0.47	0.44	0.63	-0.73	-0.73	-0.59
Retained Earnings	0.98	0.99	-0.8		0.93	0.71	0.88	0.97	0.4	-0.53	0.49	0.51	0.96	-0.27	0.86	0.96	0.84	0.81	-0.01	0.19	-0.65	-0.77	0.91	0.9	0.78
Accounts Payable	0.95	0.95	-0.82	0.93		0.76	0.92	0.95	0.22	-0.44	0.56	0.57	0.9	-0.19	0.93	0.91	0.76	0.76	0.05	0.29	-0.58	-0.75	0.82	0.82	0.7
Net Receivables	0.79	0.77	-0.87	0.71	0.76		0.83	0.78	0.28	-0.17	0.86	0.62	0.68	0.13	0.7	0.74	0.82	0.55	0.17	0.45	-0.47	-0.7	0.75	0.76	0.56
Total Liab	0.96	0.94	-0.91	0.88	0.92	0.83		0.95	0.28	-0.21	0.73	0.56	0.86	0.11	0.82	0.86	0.73	0.66	0.18	0.54	-0.6	-0.75	0.73	0.72	0.62
Total Current Assets	1.0	0.99	-0.89	0.97	0.95	0.78	0.95		0.34	-0.37	0.6	0.53	0.92	-0.09	0.86	0.93	0.8	0.72	0.07	0.32	-0.57	-0.71	0.87	0.86	0.77
Short Term Debt	0.37	0.38	-0.36	0.4	0.22	0.28	0.28	0.34		-0.21	0.21	0.25	0.41	-0.13	0.17	0.4	0.42	0.3	-0.03	-0.11	-0.33	-0.34	0.41	0.38	0.34
Common Stock	-0.39	-0.43	0.1	-0.53	-0.44	-0.17	-0.21	-0.37	-0.21		0.05	-0.38	-0.59	0.83	-0.48	-0.6	-0.52	-0.85	0.19	0.42	0.51	0.59	-0.53	-0.52	-0.31
Cash And Equivalents	0.61	0.58	-0.81	0.49	0.56	0.86	0.73	0.6	0.21	0.05		0.65	0.52	0.26	0.42	0.57	0.67	0.34	0.05	0.5	-0.24	-0.56	0.51	0.51	0.26
Intangible Assets	0.55	0.54	-0.55	0.51	0.57	0.62	0.56	0.53	0.25	-0.38	0.65		0.62	-0.3	0.5	0.67	0.61	0.57	0.11	-0.13	-0.3	-0.57	0.51	0.51	0.21
Property Plant Equipment	0.94	0.94	-0.75	0.96	0.9	0.68	0.86	0.92	0.41	-0.59	0.52	0.62		-0.37	0.8	0.97	0.85	0.85	-0.03	0.13	-0.7	-0.8	0.88	0.86	0.67
Current Deferred Revenue	-0.1	-0.14	-0.19	-0.27	-0.19	0.13	0.11	-0.09	-0.13	0.83	0.26	-0.3	-0.37		-0.23	-0.36	-0.33	-0.52	0.48	0.72	0.25	0.31	-0.36	-0.35	-0.12
Short Term Investments	0.86	0.87	-0.7	0.86	0.93	0.7	0.82	0.86	0.17	-0.48	0.42	0.5	0.8	-0.23		0.86	0.66	0.74	0.02	0.22	-0.56	-0.72	0.75	0.76	0.68
Good Will	0.94	0.95	-0.76	0.96	0.91	0.74	0.86	0.93	0.4	-0.6	0.57	0.67	0.97	-0.36	0.86		0.88	0.86	-0.04	0.12	-0.64	-0.86	0.88	0.87	0.64
Net Tangible Assets	0.81	0.82	-0.71	0.84	0.76	0.82	0.73	0.8	0.42	-0.52	0.67	0.61	0.85	-0.33	0.66	0.88		0.72	-0.12	0.11	-0.52	-0.77	0.93	0.93	0.62
Capital Surpluse	0.76	0.77	-0.51	0.81	0.76	0.55	0.66	0.72	0.3	-0.85	0.34	0.57	0.85	-0.52	0.74	0.86	0.72		0.04	0.01	-0.76	-0.86	0.7	0.69	0.49
Deferred Long Term Liab	0.09	0.07	-0.1	-0.01	0.05	0.17	0.18	0.07	-0.03	0.19	0.05	0.11	-0.03	0.48	0.02	-0.04	-0.12	0.04		0.32	-0.13	0.04	-0.13	-0.13	0.03
Long Term Investments	0.35	0.31	-0.47	0.19	0.29	0.45	0.54	0.32	-0.11	0.42	0.5	-0.13	0.13	0.72	0.22	0.12	0.11	0.01	0.32		-0.25	-0.26	0.02	0.03	0.15
Treasury Stock	-0.63	-0.63	0.44	-0.65	-0.58	-0.47	-0.6	-0.57	-0.33	0.51	-0.24	-0.3	-0.7	0.25	-0.56	-0.64	-0.52	-0.76	-0.13	-0.25		0.79	-0.5	-0.49	-0.37
Accumulated Depreciation	-0.77	-0.77	0.63	-0.77	-0.75	-0.7	-0.75	-0.71	-0.34	0.59	-0.56	-0.57	-0.8	0.31	-0.72	-0.86	-0.77	-0.86	0.04	-0.26	0.79		-0.64	-0.63	-0.32
Net Invested Capital	0.86	0.88	-0.73	0.91	0.82	0.75	0.73	0.87	0.41	-0.53	0.51	0.51	0.88	-0.36	0.75	0.88	0.93	0.7	-0.13	0.02	-0.5	-0.64		1.0	0.82
Net Working Capital	0.85	0.87	-0.73	0.9	0.82	0.76	0.72	0.86	0.38	-0.52	0.51	0.51	0.86	-0.35	0.76	0.87	0.93	0.69	-0.13	0.03	-0.49	-0.63	1.0		0.82
Capital Stock	0.75	0.76	-0.59	0.78	0.7	0.56	0.62	0.77	0.34	-0.31	0.26	0.21	0.67	-0.12	0.68	0.64	0.62	0.49	0.03	0.15	-0.37	-0.32	0.82	0.82

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About Garmin Financial Statements

Garmin investors utilize fundamental indicators, such as Interest Income, to predict how Garmin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Interest Income	130.5 M	137.1 M
Net Interest Income	130.5 M	137.1 M

Pair Trading with Garmin

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Garmin position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Garmin will appreciate offsetting losses from the drop in the long position's value.

Moving against Garmin Stock

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0.37	GUL	Guillemot SA	Pair Corr
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The ability to find closely correlated positions to Garmin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Garmin when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Garmin - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Garmin to buy it.

The correlation of Garmin is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Garmin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Garmin moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Garmin can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Garmin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Garmin's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Garmin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Garmin Stock:

How To Invest In Garmin

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Is Garmin Stock a good investment?

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What is Garmin's Net Worth?

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Check out the analysis of Garmin Correlation against competitors.

To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.

You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Will Consumer Electronics sector continue expanding? Could Garmin diversify its offerings? Factors like these will boost the valuation of Garmin. Market participants price Garmin higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Garmin data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.

Quarterly Earnings Growth

0.005

Dividend Share

3.6

Earnings Share

8.12

Revenue Per Share

36.087

Quarterly Revenue Growth

0.117

Garmin's market price often diverges from its book value, the accounting figure shown on Garmin's balance sheet. Smart investors calculate Garmin's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Garmin's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.

Please note, there is a significant difference between Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Garmin Interest Income from 2010 to 2026

Latest Garmin's Interest Income Growth Pattern

Garmin Interest Income Regression Statistics

Garmin Interest Income History

Other Fundumenentals of Garmin

Garmin Interest Income component correlations

About Garmin Financial Statements

Pair Trading with Garmin

Moving against Garmin Stock

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