Garrett Motion (GTX)

Net assets on the balance sheet as of September 2024 : -£0.62 Billion

According to Garrett Motion's latest financial reports the company has -£0.62 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	$-£0.58 Billion	501.69%
2022-12-31	$-£95.89 Million	-72.34%
2021-12-31	$-£0.35 Billion	-79.52%
2020-12-31	$-£1.7 Billion	4.1%
2019-12-31	$-£1.63 Billion	-17.97%
2018-12-31	$-£1.99 Billion	22.09%
2017-12-31	$-£1.63 Billion	64.13%
2016-12-31	$-£0.99 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