Garrett Motion (GTX)

Net assets on the balance sheet as of June 2024 : -€0.66 B

According to Garrett Motion's latest financial reports the company has -€0.66 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	$-€0.67 B	514.83%
2022-12-31	$-€0.11 B	-73.71%
2021-12-31	$-€0.42 B	-78.21%
2020-12-31	$-€1.89 B	-0.61%
2019-12-31	$-€1.9 B	-13.54%
2018-12-31	$-€2.2 B	20.11%
2017-12-31	$-€1.83 B	57.6%
2016-12-31	$-€1.17 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