Garrett Motion (GTX)

Net assets on the balance sheet as of June 2024 : -HK$5.64 Billion

According to Garrett Motion's latest financial reports the company has -HK$5.64 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	$-HK$5.75 Billion	533.36%
2022-12-31	$-HK$0.91 Billion	-75.16%
2021-12-31	$-HK$3.65 Billion	-79.6%
2020-12-31	$-HK$17.9 Billion	7.71%
2019-12-31	$-HK$16.62 Billion	-15.72%
2018-12-31	$-HK$19.72 Billion	14.93%
2017-12-31	$-HK$17.15 Billion	81.12%
2016-12-31	$-HK$9.47 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