Garrett Motion (GTX)

Net assets on the balance sheet as of June 2024 : -$0.73 Billion USD

According to Garrett Motion's latest financial reports the company has -$0.73 Billion USD 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	$-$0.74 Billion	533.62%
2022-12-31	$-$0.12 Billion	-75.21%
2021-12-31	$-$0.47 Billion	-79.72%
2020-12-31	$-$2.31 Billion	8.2%
2019-12-31	$-$2.14 Billion	-15.26%
2018-12-31	$-$2.52 Billion	14.67%
2017-12-31	$-$2.2 Billion	79.77%
2016-12-31	$-$1.23 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