Garrett Motion Balance Sheet Health
Financial Health criteria checks 2/6
Garrett Motion has a total shareholder equity of $-735.0M and total debt of $1.7B, which brings its debt-to-equity ratio to -224.9%. Its total assets and total liabilities are $2.5B and $3.3B respectively. Garrett Motion's EBIT is $516.0M making its interest coverage ratio 3.4. It has cash and short-term investments of $259.0M.
Key information
-224.9%
Debt to equity ratio
US$1.65b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$259.00m |
| Equity | -US$735.00m |
| Total liabilities | US$3.26b |
| Total assets | US$2.53b |
Recent financial health updates
Recent updates
Unveiling Garrett Motion's Growth Strategies, FCF Growth, And Current Undervaluation
Apr 10A Look At The Intrinsic Value Of Garrett Motion Inc. (NASDAQ:GTX)
Mar 10
McIntyre 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 07Reflecting on Garrett Motion's (NYSE:GTX) Share Price Returns Over The Last Year
Aug 12
What You Need To Know About Garrett Motion Inc.'s (NYSE:GTX) Investor Composition
Jul 08Financial 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 (28.1%).
Interest Coverage: GTX's interest payments on its debt are well covered by EBIT (3.4x coverage).