Garrett Motion (GTX)

Net assets on the balance sheet as of June 2024 : -C$0.99 B

According to Garrett Motion's latest financial reports the company has -C$0.99 B 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	$-C$0.98 B	519.33%
2022-12-31	$-C$0.16 B	-73.42%
2021-12-31	$-C$0.6 B	-79.88%
2020-12-31	$-C$2.95 B	6.44%
2019-12-31	$-C$2.77 B	-19.47%
2018-12-31	$-C$3.44 B	24.42%
2017-12-31	$-C$2.76 B	68.19%
2016-12-31	$-C$1.65 B

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