Garrett Motion (GTX)

Net assets on the balance sheet as of September 2024 : -A$1.23 Billion

According to Garrett Motion's latest financial reports the company has -A$1.23 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Garrett Motion - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$1.08 Billion	532.88%
2022-12-31	$-A$0.18 Billion	-73.59%
2021-12-31	$-A$0.65 Billion	-78.49%
2020-12-31	$-A$3.01 Billion	-1.48%
2019-12-31	$-A$3.05 Billion	-14.73%
2018-12-31	$-A$3.58 Billion	27.08%
2017-12-31	$-A$2.82 Billion	65.98%
2016-12-31	$-A$1.7 Billion

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Garrett Motion (GTX) - Net assets