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Asset logo for symbol GTX
Garrett Motion
GTX63
$11.95arrow_drop_down0.50%-$0.06
Asset logo for symbol GTX
GTX63

$11.95

arrow_drop_down0.50%

Income Statement (GTX)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
EBIT-$114.00M$125.00M$112.00M$124.00M
EBITDA-$6.00M$137.00M$147.00M$134.00M$148.00M
gross Profit$182.00M$166.00M$185.00M$172.00M$189.00M
NET Income$100.00M$52.00M$64.00M$66.00M$52.00M
total Revenue$844.00M$826.00M$890.00M$915.00M$945.00M

Balance Sheet (GTX)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
cash Equivalents-----
net Debt$1.39B$1.42B$1.41B$1.48B$1.43B
stockholders Equity-$673.00M-$778.00M-$725.00M-$735.00M-$735.00M
total Assets$2.27B$2.15B$2.22B$2.44B$2.52B
total Debt$1.52B$1.51B$1.51B$1.68B$1.69B
total Liabilities$2.94B$2.93B$2.95B$3.18B$3.26B

Cash Flow (GTX)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
financing Cash Flow-$81.00M-$55.00M-$272.00M-$112.00M-$37.00M
free Cash Flow$109.00M$47.00M$109.00M$52.00M$109.00M
investing Cash Flow-----
operating Cash Flow$131.00M$67.00M$126.00M$84.00M$135.00M

Garrett Motion (GTX) Financials

Garrett Motion Inc (GTX) is a leading global technology provider that enables vehicles to become safer, more efficient, and better connected. With a deep heritage of innovation, the company offers high-performance turbocharger solutions that improve vehicle performance, fuel economy, and emissions. This is reflected in the company's financial statements, which provide insights into its financial performance.
Starting with the income statement, it shows the company's revenues, expenses, and net income. In the case of Garrett Motion Inc (GTX), the income statement reveals the total revenue generated by the company from various sources. This includes the gross profit, which is the difference between the revenue and the cost of goods sold. Additionally, the income statement highlights the company's net income from stockholders, which represents the profit available to shareholders after all expenses have been deducted.
Moving on to the balance sheet, it provides a snapshot of the company's financial position at a particular point in time. It includes key details such as the company's total assets, total liabilities, and stockholders' equity. Garrett Motion Inc (GTX) has a strong balance sheet with significant total assets, indicating its financial stability and ability to meet its obligations. The balance sheet also shows the company's net debt, which represents the difference between its total debt and cash equivalents.
In terms of cash flow, Garrett Motion Inc (GTX) has a comprehensive cash flow statement that exhibits the company's inflows and outflows of cash during a given period. It includes operating cash flow, which represents the cash generated from the company's main business activities. Furthermore, the cash flow statement discloses the investing cash flow, which reflects the cash used for investments such as acquiring or selling assets, and the financing cash flow, which shows the cash obtained or repaid as a result of financing activities.
To conclude, Garrett Motion Inc (GTX) is a financially robust company as evident from its income statement, balance sheet, and cash flow statement. It maintains healthy levels of revenue, gross profit, and net income from stockholders. The balance sheet highlights its strong financial position, with substantial total assets and stockholders' equity, and a manageable level of total debt. Moreover, the cash flow statement demonstrates the company's efficient management of cash, generating healthy operating cash flow, and making strategic investments while maintaining a stable financing structure.
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