Garrett Motion Inc. financial data

Symbol
GTX on Nasdaq
Industry
Motor Vehicle Parts & Accessories
Location
La Piece 16, Rolle, Switzerland
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Garrett Transportation Systems Inc. (to 6/8/2018)
Latest financial report
10-Q - Q2 2024 - Jul 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 99.5 % -7.59%
Quick Ratio 20.6 % +0.74%
Debt-to-equity -437 % +66%
Return On Equity -33.1 % +79.3%
Return On Assets 9.82 % -27.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 219M shares -15.5%
Common Stock, Shares, Outstanding 221M shares -16.5%
Entity Public Float 914M USD +82.4%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 224M shares +109%
Weighted Average Number of Shares Outstanding, Diluted 226M shares +110%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.71B USD -2.98%
Revenue from Contract with Customer, Excluding Assessed Tax 890M USD -12%
Nonoperating Income (Expense) 4M USD -81.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 306M USD -35.6%
Income Tax Expense (Benefit) 67M USD -36.8%
Net Income (Loss) Attributable to Parent 239M USD -35.2%
Earnings Per Share, Basic 1.02 USD/shares
Earnings Per Share, Diluted 1.01 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 98M USD -79.5%
Inventory, Net 272M USD -12.8%
Other Assets, Current 85M USD -2.3%
Assets, Current 1.19B USD -31.6%
Deferred Income Tax Assets, Net 199M USD -13.5%
Property, Plant and Equipment, Net 438M USD -3.1%
Operating Lease, Right-of-Use Asset 45M USD +4.65%
Goodwill 193M USD 0%
Other Assets, Noncurrent 196M USD -20.3%
Assets 2.23B USD -22.9%
Accounts Payable, Current 984M USD -13.4%
Employee-related Liabilities, Current 65M USD -4.41%
Accrued Liabilities, Current 283M USD -12.1%
Contract with Customer, Liability, Current 14M USD +55.6%
Liabilities, Current 1.27B USD -16.1%
Accrued Income Taxes, Noncurrent 96M USD -6.8%
Deferred Income Tax Liabilities, Net 24M USD +14.3%
Operating Lease, Liability, Noncurrent 37M USD +5.71%
Other Liabilities, Noncurrent 191M USD -6.37%
Liabilities 2.95B USD -16%
Accumulated Other Comprehensive Income (Loss), Net of Tax 46M USD +70.4%
Retained Earnings (Accumulated Deficit) -1.79B USD +2.29%
Stockholders' Equity Attributable to Parent -725M USD -16.4%
Liabilities and Equity 2.23B USD -22.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 84M USD -8.7%
Net Cash Provided by (Used in) Financing Activities -112M USD -155%
Net Cash Provided by (Used in) Investing Activities -28M USD -250%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 241M shares -9.02%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -63M USD -243%
Interest Paid, Excluding Capitalized Interest, Operating Activities 27M USD +170%
Deferred Tax Assets, Valuation Allowance 52M USD +67.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 276M USD -3.5%
Operating Lease, Liability 46M USD +4.55%
Depreciation 22M USD +4.76%
Payments to Acquire Property, Plant, and Equipment 32M USD +300%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 258M USD -23.7%
Lessee, Operating Lease, Liability, to be Paid 58M USD +5.46%
Property, Plant and Equipment, Gross 1.54B USD +5.78%
Operating Lease, Liability, Current 9M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 9M USD +28.6%
Lessee, Operating Lease, Liability, to be Paid, Year One 10M USD 0%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 5M USD +66.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 12M USD +9.09%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8M USD +33.3%
Unrecognized Tax Benefits 66M USD -7.04%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6M USD +20%
Operating Lease, Payments 12M USD -14.3%
Additional Paid in Capital 1.2B USD +1.61%
Deferred Tax Assets, Net of Valuation Allowance 224M USD -12.2%
Interest Expense 163M USD +1258%