Garrett Motion (GTX)

Net assets on the balance sheet as of June 2024 : -C$1 Billion

According to Garrett Motion's latest financial reports the company has -C$1 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	$-C$0.98 Billion	519.33%
2022-12-31	$-C$0.16 Billion	-73.61%
2021-12-31	$-C$0.6 Billion	-79.73%
2020-12-31	$-C$2.95 Billion	5.64%
2019-12-31	$-C$2.79 Billion	-18.75%
2018-12-31	$-C$3.43 Billion	24.24%
2017-12-31	$-C$2.76 Billion	68.19%
2016-12-31	$-C$1.65 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