Garrett Motion (GTX)

Net assets on the balance sheet as of September 2024 : -₹65.67 Billion

According to Garrett Motion's latest financial reports the company has -₹65.67 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	$-₹61.19 Billion	537.44%
2022-12-31	$-₹9.6 Billion	-72.44%
2021-12-31	$-₹34.84 Billion	-79.36%
2020-12-31	$-₹168.8 Billion	10.97%
2019-12-31	$-₹152.11 Billion	-13.57%
2018-12-31	$-₹176 Billion	25.57%
2017-12-31	$-₹140.16 Billion	68.91%
2016-12-31	$-₹82.98 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