Garrett Motion Inc. Files Q1 2024 10-Q
Ticker: GTX · Form: 10-Q · Filed: 2024-04-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, automotive
TL;DR
Garrett Motion dropped its Q1 2024 10-Q. Check financials.
AI Summary
Garrett Motion Inc. filed its 10-Q for the period ending March 31, 2024. The filing details the company's financial performance and position for the first quarter of 2024. Key financial data and operational updates are provided, reflecting the company's activities in the automotive parts and accessories sector.
Why It Matters
This filing provides investors and analysts with the latest financial performance data for Garrett Motion Inc., crucial for understanding the company's current health and future prospects in the automotive industry.
Risk Assessment
Risk Level: medium — As a 10-Q filing, it contains detailed financial information that can reveal both positive and negative trends, impacting investment decisions.
Key Numbers
- 2024 Q1 — Reporting Period (First quarter of 2024)
- 2023-03-31 — Prior Year Period End (Comparison point for Q1 2024 results)
Key Players & Entities
- Garrett Motion Inc. (company) — Filer of the 10-Q
- 20240331 (date) — End of the reporting period
- 20240425 (date) — Filing date
- MOTOR VEHICLE PARTS & ACCESSORIES (industry) — Company's Standard Industrial Classification
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended March 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on April 25, 2024.
What is Garrett Motion Inc.'s Standard Industrial Classification?
Garrett Motion Inc.'s Standard Industrial Classification is MOTOR VEHICLE PARTS & ACCESSORIES [3714].
What was the previous company name for Garrett Motion Inc.?
The former company name was Garrett Transportation Systems Inc., with a date of name change on March 27, 2018.
What fiscal year end does Garrett Motion Inc. observe?
Garrett Motion Inc. observes a fiscal year end on December 31.
From the Filing
0001735707-24-000025.txt : 20240425 0001735707-24-000025.hdr.sgml : 20240425 20240425070205 ACCESSION NUMBER: 0001735707-24-000025 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 106 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240425 DATE AS OF CHANGE: 20240425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Garrett Motion Inc. CENTRAL INDEX KEY: 0001735707 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 824873189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-38636 FILM NUMBER: 24872840 BUSINESS ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 BUSINESS PHONE: 41-21-695-3000 MAIL ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 FORMER COMPANY: FORMER CONFORMED NAME: Garrett Transportation Systems Inc. DATE OF NAME CHANGE: 20180327 10-Q 1 gtx-20240331.htm 10-Q gtx-20240331 FALSE 2024 Q1 0001735707 12-31 1 1 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 0001735707 2024-01-01 2024-03-31 0001735707 2024-04-19 xbrli:shares iso4217:USD 0001735707 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0001735707 2024-03-31 0001735707 2023-12-31 0001735707 2022-12-31 0001735707 2023-03-31 0001735707 us-gaap:PreferredStockMember 2023-12-31 0001735707 us-gaap:CommonStockMember 2023-12-31 0001735707 us-gaap:TreasuryStockCommonMember 2023-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001735707 us-gaap:RetainedEarningsMember 2023-12-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001735707 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001735707 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001735707 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001735707 us-gaap:PreferredStockMember 2024-03-31 0001735707 us-gaap:CommonStockMember 2024-03-31 0001735707 us-gaap:TreasuryStockCommonMember 2024-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001735707 us-gaap:RetainedEarningsMember 2024-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001735707 us-gaap:PreferredStockMember 2022-12-31 0001735707 us-gaap:CommonStockMember 2022-12-31 0001735707 us-gaap:TreasuryStockCommonMember 2022-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001735707 us-gaap:RetainedEarningsMember 2022-12-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001735707 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001735707 us-gaap:PreferredStockMember 2023-03-31 0001735707 us-gaap:CommonStockMember 2023-03-31 0001735707 us-gaap:TreasuryStockCommonMember 2023-03-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001735707 us-gaap:RetainedEarningsMember 2023-03-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 gtx:Segment 0001735707 gtx:OriginalEquipmentManufacturersMember country:US 2024-01-01 2024-03-31 0001735707 country:US gtx:AftermarketMember 2024-01-01 2024-03-31 0001735707 country:US gtx:Oth