Goodyear Minority Interest from 2010 to 2024

GT Stock  USD 10.74  0.13  1.23%   
Goodyear Tire Minority Interest yearly trend continues to be comparatively stable with very little volatility. Minority Interest is likely to outpace its year average in 2024. From the period from 2010 to 2024, Goodyear Tire Minority Interest quarterly data regression had mean square error of 311.9 T and mean deviation of  21,720,000. View All Fundamentals
 
Minority Interest  
First Reported
2000-03-31
Previous Quarter
1000 K
Current Value
M
Quarterly Volatility
34 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 Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Goodyear Tire Rubber over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Goodyear Tire Rubber whose combined shares represent less than 50% of the total outstanding shares issued by Goodyear Tire have a minority interest in Goodyear Tire. It is Goodyear Tire's Minority Interest 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.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Goodyear Minority Interest Regression Statistics

Arithmetic Mean25,720,000
Coefficient Of Variation106.53
Mean Deviation21,720,000
Median19,000,000
Standard Deviation27,399,119
Sample Variance750.7T
Range81M
R-Value(0.78)
Mean Square Error311.9T
R-Squared0.61
Significance0.0005
Slope(4,801,429)
Total Sum of Squares10510T

Goodyear Minority Interest History

2024-5.7 M
2023-6 M
2022-7 M
202116 M
2020M
201914 M
201815 M

About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Minority Interest, 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
Minority Interest-6 M-5.7 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.