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
Q1 2024 - Apr 25, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 105 % +1.31%
Quick Ratio 20.4 % -2.07%
Debt-to-equity -473 % +77.3%
Return On Equity -35.3 % +87.8%
Return On Assets 9.46 % -35.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 226 M shares +248%
Common Stock, Shares, Outstanding 227 M shares +250%
Entity Public Float 914 M USD +82.4%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 237 M shares +265%
Weighted Average Number of Shares Outstanding, Diluted 239 M shares +262%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.83 B USD +4.33%
Revenue from Contract with Customer, Excluding Assessed Tax 915 M USD -5.67%
Nonoperating Income (Expense) 4 M USD -81.8%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 320 M USD -33.2%
Income Tax Expense (Benefit) 74 M USD -22.9%
Net Income (Loss) Attributable to Parent 246 M USD -35.8%
Earnings Per Share, Basic -1.15 USD/shares -260%
Earnings Per Share, Diluted -1.15 USD/shares -260%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 196 M USD -32.6%
Inventory, Net 272 M USD -9.64%
Other Assets, Current 82 M USD -33.9%
Assets, Current 1.34 B USD -16.6%
Deferred Income Tax Assets, Net 213 M USD -11.3%
Property, Plant and Equipment, Net 452 M USD -2.17%
Operating Lease, Right-of-Use Asset 43 M USD -2.27%
Goodwill 193 M USD 0%
Other Assets, Noncurrent 222 M USD -14.3%
Assets 2.45 B USD -12.3%
Accounts Payable, Current 1.03 B USD -8.37%
Employee-related Liabilities, Current 67 M USD +3.08%
Accrued Liabilities, Current 283 M USD -18.7%
Contract with Customer, Liability, Current 10 M USD 0%
Liabilities, Current 1.32 B USD -10.8%
Accrued Income Taxes, Noncurrent 95 M USD -6.86%
Deferred Income Tax Liabilities, Net 30 M USD +7.14%
Operating Lease, Liability, Noncurrent 35 M USD -2.78%
Other Liabilities, Noncurrent 201 M USD -3.37%
Liabilities 3.18 B USD +10.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax 38 M USD +26.7%
Retained Earnings (Accumulated Deficit) -1.86 B USD -28.4%
Stockholders' Equity Attributable to Parent -735 M USD -819%
Liabilities and Equity 2.45 B USD -12.3%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 84 M USD -8.7%
Net Cash Provided by (Used in) Financing Activities -112 M USD -155%
Net Cash Provided by (Used in) Investing Activities -28 M USD -250%
Common Stock, Shares Authorized 1 B shares 0%
Common Stock, Shares, Issued 240 M shares +269%
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 -63 M USD -243%
Interest Paid, Excluding Capitalized Interest, Operating Activities 27 M USD +170%
Deferred Tax Assets, Valuation Allowance 52 M USD +67.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 276 M USD -3.5%
Operating Lease, Liability 44 M USD -2.22%
Depreciation 22 M USD +4.76%
Payments to Acquire Property, Plant, and Equipment 32 M USD +300%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 254 M USD -35.5%
Lessee, Operating Lease, Liability, to be Paid 55 M USD 0%
Property, Plant and Equipment, Gross 1.54 B USD +5.78%
Operating Lease, Liability, Current 9 M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 8 M USD +14.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 10 M USD +11.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Deferred Income Tax Expense (Benefit) 5 M USD +66.7%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 11 M USD +10%
Lessee, Operating Lease, Liability, to be Paid, Year Three 6 M USD 0%
Deferred Federal Income Tax Expense (Benefit) -14 M USD -256%
Current Income Tax Expense (Benefit) 62 M USD +3.33%
Unrecognized Tax Benefits 66 M USD -7.04%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5 M USD 0%
Operating Lease, Payments 12 M USD -14.3%
Additional Paid in Capital 1.2 B USD -10.3%
Current State and Local Tax Expense (Benefit) 0 USD -100%
Current Federal Tax Expense (Benefit) 12 M USD +33.3%
Depreciation, Depletion and Amortization 90 M USD +7.14%
Deferred Tax Assets, Net of Valuation Allowance 224 M USD -12.2%
Share-based Payment Arrangement, Expense 14 M USD +27.3%
Deferred State and Local Income Tax Expense (Benefit) 1 M USD
Interest Expense 163 M USD +1258%