Goodyear Interest Expense from 2010 to 2024

GT Stock  USD 10.74  0.13  1.23%   
Goodyear Tire Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
130 M
Current Value
135 M
Quarterly Volatility
74.8 M
 
Dot-com Bubble
 
Housing Crash
 
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 Tire's main balance sheet or income statement drivers, such as Depreciation And Amortization of 588.2 M, Interest Expense of 558.6 M or Total Revenue of 16.7 B, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0282 or PTB Ratio of 0.84. Goodyear financial statements analysis is a perfect complement when working with Goodyear Tire Valuation or Volatility modules.
  
Check out the analysis of Goodyear Tire Correlation against competitors.

Latest Goodyear Tire's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Goodyear Tire Rubber over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Goodyear Tire's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Goodyear Interest Expense Regression Statistics

Arithmetic Mean369,306,667
Geometric Mean0.00
Coefficient Of Variation33.91
Mean Deviation77,086,222
Median372,000,000
Standard Deviation125,237,988
Sample Variance15684.6T
Range558.6M
R-Value0.65
Mean Square Error9842.6T
R-Squared0.42
Significance0.01
Slope18,090,000
Total Sum of Squares219583.7T

Goodyear Interest Expense History

2024558.6 M
2023532 M
2022451 M
2021387 M
2020324 M
2019340 M
2018321 M

About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Interest Expense, to determine how well the company is positioned to perform in the future. Although Goodyear Tire investors may analyze each financial statement separately, they are all interrelated. The changes in Goodyear Tire's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goodyear Tire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense532 M558.6 M

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Additional 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.