Garrett Motion Balance Sheet Health
Financial Health criteria checks 1/6
Garrett Motion has a total shareholder equity of $-778.0M and total debt of $1.5B, which brings its debt-to-equity ratio to -189.5%. Its total assets and total liabilities are $2.2B and $2.9B respectively. Garrett Motion's EBIT is $473.0M making its interest coverage ratio 2.7. It has cash and short-term investments of $96.0M.
Key information
-189.5%
Debt to equity ratio
US$1.47b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$96.00m |
| Equity | -US$778.00m |
| Total liabilities | US$2.93b |
| Total assets | US$2.16b |
Recent financial health updates
Recent updates
Garrett Motion: Engineering Value Beyond The Engine
Dec 07We Like The Quality Of Garrett Motion's (NASDAQ:GTX) Earnings
Nov 01
Garrett Motion Inc. (NASDAQ:GTX) Investors Are Less Pessimistic Than Expected
Oct 04Garrett Motion: Deleveraging Progress Not Yet Reflected In Its Share Price
Sep 21Garrett Motion Inc.'s (NASDAQ:GTX) Intrinsic Value Is Potentially 56% Above Its Share Price
Jul 24Garrett Motion: Valuations Supportive Of Buy With High Quality Economics
Jul 11Garrett Motion Inc.'s (NASDAQ:GTX) Shares May Have Run Too Fast Too Soon
Jun 25What Is Garrett Motion Inc.'s (NASDAQ:GTX) Share Price Doing?
May 28Garrett Motion's (NASDAQ:GTX) Soft Earnings Are Actually Better Than They Appear
May 02Unveiling Garrett Motion's Growth Strategies, FCF Growth, And Current Undervaluation
Apr 10A Look At The Intrinsic Value Of Garrett Motion Inc. (NASDAQ:GTX)
Mar 10McIntyre Partnerships - Garrett Motion: An Update On Our Risk/Reward Framework
Feb 08Results: Garrett Motion Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Jul 30Why Garrett Motion Inc. (NASDAQ:GTX) Could Be Worth Watching
Jul 19What Is Garrett Motion Inc.'s (NASDAQ:GTX) Share Price Doing?
Apr 05Garrett Motion: Cheap Despite Long-Term Headwinds
Sep 07Garrett Motion: A True Value Growth Play
Aug 25Garrett Motion Q2 Earnings Preview
Jul 27Garret Motion Is Moving In The Right Direction
Jun 07Garrett Motion: Chapter 11 Bankruptcy And Undervaluation
May 25Garrett Motion: Turbocharged Returns
Sep 15Garrett Motion expands production facility in Wuhan, China
Jun 07Financial Position Analysis
Short Term Liabilities: GTX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GTX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GTX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GTX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GTX's debt is well covered by operating cash flow (28%).
Interest Coverage: GTX's interest payments on its debt are not well covered by EBIT (2.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 11:43 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Garrett Motion Inc. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aileen Smith | BofA Global Research |
| Hamed Khorsand | BWS Financial Inc. |
| Michael Ward | Freedom Capital Markets |