Garrett Motion (GTX)

Net assets on the balance sheet as of September 2024 : -S$1.05 Billion

According to Garrett Motion's latest financial reports the company has -S$1.05 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	$-S$0.98 Billion	524.22%
2022-12-31	$-S$0.16 Billion	-75.42%
2021-12-31	$-S$0.64 Billion	-79.28%
2020-12-31	$-S$3.06 Billion	6.18%
2019-12-31	$-S$2.88 Billion	-16.37%
2018-12-31	$-S$3.44 Billion	17.13%
2017-12-31	$-S$2.94 Billion	66.13%
2016-12-31	$-S$1.77 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