Garmin (GRMN) Times Interest Earned (2009 - 2023)

Garmin has disclosed Times Interest Earned across 14 years of filings, most recently posting 5.56 for Q4 2023.

• In Q4 2023, Times Interest Earned rose 19.94% year-over-year to 5.56; the TTM figure through Dec 2023 stood at 6.31 (up 3.15% YoY), while the FY2023 annual figure was 6.31, up 3.15% from the prior year.
• Times Interest Earned came in at 5.56 for Q4 2023 at Garmin, down from 7.69 in the prior quarter.
• In the past five years, Times Interest Earned ranged from a high of 9.36 in Q3 2020 to a low of 4.41 in Q4 2019.
• Average Times Interest Earned over 5 years is 6.67, with a median of 6.55 recorded in 2023.
• Year-over-year, Times Interest Earned jumped 37.59% in 2020 and decreased 21.89% in 2022.
• Over 5 years, Times Interest Earned stood at 4.41 in 2019, then jumped by 37.59% to 6.07 in 2020, then decreased by 15.11% to 5.16 in 2021, then slipped by 10.12% to 4.63 in 2022, then rose by 19.94% to 5.56 in 2023.
• Per Business Quant data, the three most recent Times Interest Earned figures were 5.56 in Q4 2023, 7.69 in Q3 2023, and 6.14 in Q3 2023.