Garrett Motion (GTX)

Net assets on the balance sheet as of September 2024 : -€0.75 Billion

According to Garrett Motion's latest financial reports the company has -€0.75 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	$-€0.67 Billion	514.83%
2022-12-31	$-€0.11 Billion	-73.83%
2021-12-31	$-€0.42 Billion	-77.98%
2020-12-31	$-€1.88 Billion	-1.45%
2019-12-31	$-€1.91 Billion	-13.46%
2018-12-31	$-€2.21 Billion	20.27%
2017-12-31	$-€1.83 Billion	57.6%
2016-12-31	$-€1.17 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