Garrett Motion Inc. (GTX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 1.38B | 1.32B | 1.38B | 1.36B | 1.25B | 1.19B | 1.14B | 1.19B | 1.34B | 1.41B | 1.39B | 1.74B | 1.6B | 1.43B | 1.37B | 1.26B | 1.48B | 1.51B | 1.61B | 1.73B |
| Cash & Short-Term Investments | 142M | 179M | 232M | 233M | 131M | 126M | 97M | 99M | 197M | 260M | 163M | 479M | 292M | 248M | 161M | 179M | 315M | 464M | 534M | 616M |
| Cash Only | 142M | 179M | 232M | 233M | 131M | 126M | 97M | 99M | 197M | 260M | 163M | 479M | 292M | 248M | 161M | 179M | 315M | 464M | 534M | 616M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 810M | 734M | 719M | 721M | 752M | 705M | 698M | 736M | 787M | 826M | 860M | 864M | 888M | 857M | 797M | 713M | 786M | 762M | 741M | 784M |
| Days Sales Outstanding | - | 75.01 | 73.44 | 73.41 | 74.68 | 76.47 | 79.86 | 77.86 | 80.21 | 82.07 | 82.61 | 78.85 | 80.95 | 84.73 | 73.5 | 79.4 | 77.31 | 80.21 | 83.61 | 77.42 |
| Inventory | 313M | 339M | 320M | 287M | 265M | 286M | 267M | 272M | 272M | 263M | 294M | 312M | 301M | 270M | 283M | 284M | 301M | 244M | 278M | 275M |
| Days Inventory Outstanding | - | 44.71 | 40.94 | 36.56 | 37.63 | 42.19 | 40.25 | 37.17 | 34.73 | 35.39 | 37.72 | 36.36 | 34.63 | 35.88 | 36.07 | 41.08 | 35.91 | 35.11 | 40.06 | 34.6 |
| Other Current Assets | 110M | 49M | 109M | 122M | 100M | 60M | 81M | 85M | 82M | 42M | 73M | 87M | 124M | 40M | 130M | 81M | 73M | 28M | 56M | 59M |
| Total Non-Current Assets | 998M | 1.05B | 1.06B | 1.04B | 1.03B | 1.08B | 1.01B | 1.04B | 1.11B | 1.12B | 1.14B | 1.15B | 1.19B | 1.21B | 1.23B | 1.21B | 1.21B | 1.2B | 1.11B | 1.1B |
| Property, Plant & Equipment | 437M | 511M | 503M | 512M | 496M | 501M | 498M | 483M | 495M | 517M | 477M | 495M | 506M | 514M | 462M | 490M | 519M | 536M | 522M | 519M |
| Fixed Asset Turnover | - | 1.76x | 1.78x | 1.81x | 1.76x | 1.69x | 1.68x | 1.82x | 1.81x | 1.90x | 1.98x | 2.02x | 1.90x | 1.84x | 1.99x | 1.70x | 1.71x | 1.63x | 1.61x | 1.80x |
| Goodwill | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 11M | 32M | 34M | 34M | 77M | 121M | 69M | 107M | 150M | 132M | 169M | 147M | 161M | 126M | 227M | 150M | 104M | 85M | 31M | 30M |
| Other Non-Current Assets | 173M | 102M | 79M | 60M | 59M | 61M | 54M | 55M | 59M | 63M | 78M | 85M | 86M | 141M | 100M | 106M | 114M | 92M | 109M | 100M |
| Total Assets | 2.37B | 2.37B | 2.44B | 2.4B | 2.27B | 2.28B | 2.15B | 2.23B | 2.45B | 2.53B | 2.53B | 2.89B | 2.79B | 2.64B | 2.6B | 2.46B | 2.69B | 2.71B | 2.72B | 2.84B |
| Asset Turnover | - | 0.37x | 0.37x | 0.39x | 0.39x | 0.38x | 0.38x | 0.38x | 0.37x | 0.37x | 0.35x | 0.36x | 0.36x | 0.34x | 0.37x | 0.33x | 0.33x | 0.32x | 0.30x | 0.33x |
| Asset Growth % | 4.31% | 4% | 13.04% | 7.81% | -7.07% | -9.93% | -14.89% | -22.93% | -12.29% | -4.17% | -2.73% | 17.47% | 3.83% | -2.55% | -4.2% | -13.22% | -5.19% | -10.31% | 10.13% | 37.32% |
| Total Current Liabilities | 1.41B | 1.36B | 1.36B | 1.32B | 1.27B | 1.28B | 1.22B | 1.27B | 1.32B | 1.37B | 1.39B | 1.52B | 1.48B | 1.38B | 1.34B | 1.27B | 1.38B | 1.51B | 1.5B | 1.49B |
| Accounts Payable | 1.08B | 1.06B | 1.02B | 1B | 935M | 972M | 896M | 984M | 1.03B | 1.07B | 1.07B | 1.14B | 1.12B | 1.05B | 1B | 979M | 1.07B | 1.01B | 921M | 1.11B |
| Days Payables Outstanding | - | 141.32 | 136.72 | 128.49 | 130.22 | 142.5 | 140.39 | 137.52 | 136.5 | 135.97 | 137.07 | 134.01 | 131.66 | 132.94 | 125.98 | 143.94 | 136.84 | 129.59 | 147.42 | 143.64 |
| Short-Term Debt | 7M | 20M | 20M | 20M | 36M | 18M | 18M | 16M | 16M | 16M | 16M | 69M | 16M | 16M | 16M | 16M | 17M | 216M | 262M | 51M |
| Deferred Revenue (Current) | 0 | 17M | 13M | 24M | 19M | 16M | 18M | 20M | 17M | 15M | 18M | 18M | 26M | 29M | 28M | 30M | 34M | 23M | 21M | 18M |
| Other Current Liabilities | 322M | 184M | 226M | 200M | 216M | 198M | 214M | 189M | 190M | 189M | 211M | 227M | 248M | 213M | 227M | 188M | 195M | 187M | 221M | 238M |
| Current Ratio | 0.98x | 0.97x | 1.02x | 1.03x | 0.98x | 0.93x | 0.94x | 0.94x | 1.01x | 1.02x | 1.00x | 1.15x | 1.09x | 1.04x | 1.02x | 0.99x | 1.07x | 1.00x | 1.07x | 1.16x |
| Quick Ratio | 0.76x | 0.72x | 0.78x | 0.82x | 0.77x | 0.71x | 0.72x | 0.72x | 0.81x | 0.83x | 0.79x | 0.94x | 0.88x | 0.84x | 0.81x | 0.76x | 0.85x | 0.84x | 0.89x | 0.98x |
| Cash Conversion Cycle | - | -21.6 | -22.34 | -18.52 | -17.92 | -23.85 | -20.28 | -22.5 | -21.57 | -18.51 | -16.74 | -18.8 | -16.08 | -12.33 | -16.4 | -23.47 | -23.62 | -14.28 | -23.75 | -31.62 |
| Total Non-Current Liabilities | 1.75B | 1.81B | 1.89B | 1.9B | 1.71B | 1.67B | 1.71B | 1.68B | 1.86B | 1.89B | 1.84B | 2B | 1.39B | 1.38B | 1.37B | 1.42B | 1.67B | 1.67B | 1.85B | 2.05B |
| Long-Term Debt | 0 | 1.45B | 1.46B | 1.46B | 1.46B | 1.46B | 1.46B | 1.47B | 1.63B | 1.64B | 1.62B | 1.77B | 1.16B | 1.15B | 1.11B | 1.14B | 1.17B | 1.38B | 1.54B | 1.75B |
| Capital Lease Obligations | 0 | 38M | 40M | 43M | 41M | 42M | 39M | 37M | 35M | 33M | 33M | 35M | 36M | 36M | 36M | 39M | 42M | 42M | 42M | 28M |
| Deferred Tax Liabilities | 34M | 32M | 54M | 56M | 30M | 25M | 25M | 24M | 30M | 27M | 21M | 21M | 28M | 25M | 17M | 21M | 24M | 21M | 23M | 20M |
| Other Non-Current Liabilities | 1.71B | 287M | 336M | 337M | 173M | 140M | 183M | 154M | 166M | 185M | 163M | 169M | 172M | 169M | 205M | 221M | 433M | 227M | 244M | 249M |
| Total Liabilities | 3.15B | 3.17B | 3.25B | 3.21B | 2.98B | 2.95B | 2.93B | 2.95B | 3.18B | 3.26B | 3.22B | 3.52B | 2.87B | 2.75B | 2.71B | 2.69B | 3.04B | 3.17B | 3.35B | 3.54B |
| Total Debt | 7M | 1.51B | 1.52B | 1.52B | 1.54B | 1.52B | 1.52B | 1.52B | 1.68B | 1.69B | 1.67B | 1.88B | 1.21B | 1.2B | 1.16B | 1.19B | 1.23B | 1.63B | 1.85B | 1.83B |
| Net Debt | -135M | 1.33B | 1.29B | 1.29B | 1.41B | 1.4B | 1.42B | 1.42B | 1.49B | 1.43B | 1.51B | 1.4B | 917M | 952M | 999M | 1.01B | 910M | 1.17B | 1.31B | 1.22B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | 10.47x | 9.62x | 10.43x | 10.13x | 10.66x | 11.10x | 10.47x | 13.16x | 13.98x | 11.29x | 11.65x | 7.85x | 9.30x | 8.06x | 8.72x | 8.45x | 12.67x | 14.31x | 10.85x |
| Net Debt / EBITDA | - | 9.22x | 8.15x | 8.84x | 9.26x | 9.78x | 10.39x | 9.79x | 11.62x | 11.83x | 10.19x | 8.68x | 5.95x | 7.38x | 6.94x | 7.41x | 6.28x | 9.07x | 10.17x | 7.20x |
| Interest Coverage | -0.30x | 4.42x | 4.59x | 5.86x | 4.48x | 4.81x | 3.00x | 2.38x | 3.61x | 2.24x | 2.40x | 4.37x | 4.86x | 7.43x | 8.28x | 6.25x | 6.43x | 4.87x | 4.64x | 19.29x |
| Total Equity | -781M | -802M | -813M | -812M | -700M | -673M | -778M | -725M | -735M | -735M | -692M | -623M | -80M | -116M | -102M | -231M | -357M | -468M | -633M | -706M |
| Equity Growth % | -11.57% | -19.17% | -4.5% | -12% | 4.76% | 8.44% | -12.43% | -16.37% | -818.75% | -533.62% | -578.43% | -169.7% | 77.59% | 75.21% | 83.89% | 67.28% | 84.48% | 79.72% | 71.17% | 66.43% |
| Book Value per Share | -4.04 | -4.06 | -4.02 | -3.96 | -3.37 | -3.16 | -3.56 | -3.21 | -3.08 | -3.03 | -2.74 | -5.80 | -1.21 | -1.77 | -1.56 | -3.55 | -5.52 | -7.21 | -9.73 | -10.02 |
| Total Shareholders' Equity | -781M | -802M | -813M | -812M | -700M | -673M | -778M | -725M | -735M | -735M | -692M | -623M | -80M | -116M | -102M | -231M | -357M | -468M | -633M | -706M |
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -1.3B | -1.38B | -1.45B | -1.52B | -1.59B | -1.65B | -1.74B | -1.79B | -1.86B | -1.92B | -1.94B | -1.83B | -1.45B | -1.49B | -1.55B | -1.62B | -1.7B | -1.79B | -1.91B | -1.97B |
| Treasury Stock | 0 | -520M | -447M | -362M | -339M | -306M | -235M | -182M | -115M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -98M | -138M | -146M | -159M | 11M | 73M | -10M | 46M | 38M | -3M | 59M | 27M | 30M | 36M | 122M | 58M | 19M | -4M | -58M | -66M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |