Goodyear Net Working Capital from 2010 to 2024

GT Stock  USD 11.84  0.10  0.85%   
Goodyear Tire Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. From the period from 2010 to 2024, Goodyear Tire Net Working Capital quarterly data regression had r-value of (0.42) and coefficient of variation of  29.01. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
503 M
Current Value
697.8 M
Quarterly Volatility
274.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goodyear Tire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goodyear main balance sheet or income statement drivers, such as Depreciation And Amortization of 675.1 M, Interest Expense of 558.6 M or Total Revenue of 16.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0284 or PTB Ratio of 0.84. Goodyear financial statements analysis is a perfect complement when working with Goodyear Tire Valuation or Volatility modules.
  
This module can also supplement Goodyear Tire's financial leverage analysis and stock options assessment as well as various Goodyear Tire Technical models . Check out the analysis of Goodyear Tire Correlation against competitors.

Latest Goodyear Tire's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Goodyear Tire Rubber over the last few years. It is Goodyear Tire's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goodyear Tire's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Goodyear Net Working Capital Regression Statistics

Arithmetic Mean945,455,238
Geometric Mean904,806,236
Coefficient Of Variation29.01
Mean Deviation219,526,349
Median1,054,000,000
Standard Deviation274,271,061
Sample Variance75224.6T
Range1B
R-Value(0.42)
Mean Square Error67052T
R-Squared0.17
Significance0.12
Slope(25,457,857)
Total Sum of Squares1053144.6T

Goodyear Net Working Capital History

2024697.8 M
2023503 M
20221.5 B
2021719 M
2020514 M
2019647 M
20181.1 B

About Goodyear Tire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Goodyear Tire income statement, its balance sheet, and the statement of cash flows. Goodyear Tire investors use historical funamental indicators, such as Goodyear Tire's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Goodyear Tire investors may use each financial statement separately, they are all related. The changes in Goodyear Tire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goodyear Tire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Goodyear Tire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Goodyear Tire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital503 M697.8 M

Goodyear Tire Investors Sentiment

The influence of Goodyear Tire's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Goodyear. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Goodyear Tire's public news can be used to forecast risks associated with an investment in Goodyear. The trend in average sentiment can be used to explain how an investor holding Goodyear can time the market purely based on public headlines and social activities around Goodyear Tire Rubber. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Goodyear Tire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Goodyear Tire's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Goodyear Tire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Goodyear Tire.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Goodyear Tire in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Goodyear Tire's short interest history, or implied volatility extrapolated from Goodyear Tire options trading.

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When determining whether Goodyear Tire Rubber is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Goodyear Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Goodyear Tire Rubber Stock. Highlighted below are key reports to facilitate an investment decision about Goodyear Tire Rubber Stock:
Check out the analysis of Goodyear Tire Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Goodyear Stock analysis

When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.
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Is Goodyear Tire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goodyear Tire. If investors know Goodyear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goodyear Tire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Earnings Share
(2.42)
Revenue Per Share
70.407
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0152
The market value of Goodyear Tire Rubber is measured differently than its book value, which is the value of Goodyear that is recorded on the company's balance sheet. Investors also form their own opinion of Goodyear Tire's value that differs from its market value or its book value, called intrinsic value, which is Goodyear Tire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goodyear Tire's market value can be influenced by many factors that don't directly affect Goodyear Tire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goodyear Tire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodyear Tire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodyear Tire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.