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Garrett Motion (GTX)

(Delayed Data from NSDQ)

$9.83 USD

9.83
1,157,745

-0.05 (-0.51%)

Updated Apr 26, 2024 04:00 PM ET

After-Market: $9.84 +0.01 (0.10%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value A Growth F Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 40% (152 out of 252)

Industry: Automotive - Original Equipment

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Balance Sheet

Research for GTX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Garrett Motion Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 260 248 464 693 187
Receivables 808 803 747 841 707
Notes Receivable 0 0 0 0 0
Inventories 263 270 244 235 220
Other Current Assets 75 110 56 110 85
Total Current Assets 1,406 1,431 1,511 1,879 1,199
Net Property & Equipment 477 470 485 505 471
Investments & Advances 29 30 28 30 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 216 232 289 275 268
Intangibles 193 193 193 193 193
Deposits & Other Assets 206 281 200 135 144
Total Assets 2,527 2,637 2,706 3,017 2,275
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 370 0
Accounts Payable 1,074 1,048 1,006 1,019 1,009
Current Portion Long-Term Debt 7 7 7 200 73
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 293 320 295 248 310
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 200 0 0
Total Current Liabilities 1,374 1,375 1,508 1,837 1,392
Mortgages 0 0 0 0 0
Deferred Taxes/Income 27 25 21 2 51
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,643 1,148 1,181 1,082 2,691
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 218 205 464 2,404 274
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 3,262 2,753 3,174 5,325 4,408
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,190 1,333 1,326 28 19
Retained Earnings -1,922 -1,485 -1,790 -2,207 -2,282
Other Equity -3 36 -4 -129 130
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity -735 -116 -468 -2,308 -2,133
Total Liabilities & Shareholder's Equity 2,527 2,637 2,706 3,017 2,275
Total Common Equity -735 -116 -468 -2,308 -2,133
Shares Outstanding 242.40 64.80 65.00 75.70 74.80
Book Value Per Share -3.03 -1.79 -7.20 -30.49 -28.52

Fiscal Year End for Garrett Motion Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 260 163 479 292
Receivables NA 808 860 864 888
Notes Receivable NA 0 0 0 0
Inventories NA 263 294 312 301
Other Current Assets NA 75 73 87 124
Total Current Assets NA 1,406 1,390 1,742 1,605
Net Property & Equipment NA 477 437 452 462
Investments & Advances NA 29 32 29 32
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 216 225 230 240
Intangibles NA 193 193 193 193
Deposits & Other Assets NA 206 255 246 259
Total Assets NA 2,527 2,532 2,892 2,791
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 1,074 1,066 1,136 1,123
Current Portion Long-Term Debt NA 7 7 60 7
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 293 312 322 348
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 1,374 1,385 1,518 1,478
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 27 21 21 28
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,643 1,622 1,772 1,157
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 196 204 208
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 3,262 3,224 3,515 2,871
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,190 1,188 1,184 1,336
Retained Earnings NA -1,922 -1,939 -1,834 -1,446
Other Equity NA -3 59 27 30
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA -735 -692 -623 -80
Total Liabilities & Shareholder's Equity NA 2,527 2,532 2,892 2,791
Total Common Equity 0 -735 -692 -623 -80
Shares Outstanding 238.20 242.40 242.40 258.80 65.10
Book Value Per Share 0.00 -3.03 -2.85 -2.41 -1.23