Garrett Motion (GTX)

Net assets on the balance sheet as of June 2024 : -£0.56 B

According to Garrett Motion's latest financial reports the company has -£0.56 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	$-£0.58 B	501.69%
2022-12-31	$-£95.89 M	-72.27%
2021-12-31	$-£0.35 B	-79.55%
2020-12-31	$-£1.7 B	5.18%
2019-12-31	$-£1.61 B	-18.52%
2018-12-31	$-£1.98 B	21.46%
2017-12-31	$-£1.63 B	64.13%
2016-12-31	$-£0.99 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