Garrett Motion Quarterly Balance Sheet
NASDAQ: GTXConsumer DiscretionaryAuto Parts:O.E.M.USD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Garrett Motion financial position
As of Mar 31, 2026, Garrett Motion reported total assets of $2.37 billion, up 4.3% from a year earlier against total liabilities of $3.15 billion. Shareholders' equity was negative at -$781.0 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $142.0 million in cash and equivalents against $1.42 billion of debt, a net debt position of $1.27 billion.
The current ratio (current assets divided by current liabilities) was 0.98, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Garrett Motion balance sheet (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 142.00M | 177.00M | 230.00M | 232.00M | 130.00M | 125.00M | 96.00M | 98.00M | 196.00M | 259.00M | 162.00M | 478.00M |
| Inventory | 313.00M | 339.00M | 320.00M | 287.00M | 265.00M | 286.00M | 267.00M | 272.00M | 272.00M | 263.00M | 294.00M | 312.00M |
| 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 |
| Property, Plant & Equipment | 437.00M | 462.00M | 452.00M | 458.00M | 444.00M | 449.00M | 450.00M | 438.00M | 452.00M | 477.00M | 437.00M | 452.00M |
| Goodwill | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M | 193.00M |
| Total Assets | 2.37B | 2.37B | 2.44B | 2.40B | 2.27B | 2.28B | 2.15B | 2.23B | 2.45B | 2.53B | 2.53B | 2.89B |
| Accounts Payable | 1.08B | 1.06B | 1.02B | 1.00B | 935.00M | 972.00M | 896.00M | 984.00M | 1.03B | 1.07B | 1.07B | 1.14B |
| Short-Term Debt | 7.00M | 7.00M | 7.00M | 7.00M | 7.00M | 7.00M | 7.00M | 7.00M | 7.00M | 7.00M | 7.00M | 60.00M |
| 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 |
| Long-Term Debt | 1.41B | 1.41B | 1.46B | 1.46B | 1.46B | 1.46B | 1.46B | 1.47B | 1.63B | 1.64B | 1.62B | 1.77B |
| 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 |
| Shareholders' Equity | -781.00M | -802.00M | -813.00M | -812.00M | -700.00M | -673.00M | -778.00M | -725.00M | -735.00M | -735.00M | -692.00M | -623.00M |
| Retained Earnings | -1.30B | -1.38B | -1.45B | -1.52B | -1.59B | -1.65B | -1.74B | -1.79B | -1.86B | -1.92B | -1.94B | -1.83B |
| Total Debt | 1.42B | 1.42B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B | 1.47B | 1.64B | 1.65B | 1.63B | 1.83B |
| Net Cash (Debt) | -1.27B | -1.24B | -1.24B | -1.24B | -1.34B | -1.35B | -1.38B | -1.37B | -1.44B | -1.39B | -1.47B | -1.35B |
| Shares Outstanding | 187.74M | 190.56M | 195.11M | 201.73M | 203.93M | 206.39M | 214.69M | 220.72M | 227.40M | 238.25M | 243.01M | 264.40M |
This table shows 12 quarterly periods of Garrett Motion's balance sheet, from Q1 2026 back to Q2 2023, across 16 line items including cash & equivalents, inventory, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow GTX's reporting calendar. What is a balance sheet?