Goodyear Tire Rubber Stock Working Capital

GT Stock

USD 9.31 0.27 2.99%

Goodyear Tire Rubber fundamentals help investors to digest information that contributes to Goodyear Tire's financial success or failures. It also enables traders to predict the movement of Goodyear Stock. The fundamental analysis module provides a way to measure Goodyear Tire's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Goodyear Tire stock.

	Last Reported	Projected for Next Year
Net Working Capital	295 M	280.2 M
Change In Working Capital	-182 M	-172.9 M

Net Working Capital is likely to drop to about 280.2 M in 2025. Change In Working Capital is likely to gain to about (172.9 M) in 2025.

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Goodyear Tire Rubber Company Working Capital Analysis

Goodyear Tire's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Goodyear Tire Working Capital

295 M

Most of Goodyear Tire's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Goodyear Tire Rubber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Goodyear Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Goodyear Tire is extremely important. It helps to project a fair market value of Goodyear Stock properly, considering its historical fundamentals such as Working Capital. Since Goodyear Tire's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Goodyear Tire's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Goodyear Tire's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.3	0.69	0.31	0.8	0.91	0.73	0.43	0.96	0.41	0.03	0.93	0.59	0.81	0.54	0.33	0.46	0.73	0.33	0.42	0.43	0.45	0.55	-0.09	0.55
Total Stockholder Equity	0.3		0.59	0.94	-0.21	-0.13	-0.36	0.51	0.21	0.44	-0.5	0.3	0.27	0.55	0.04	0.64	0.74	0.4	0.01	0.79	0.78	0.69	0.43	-0.07	0.41
Net Debt	0.69	0.59		0.53	0.41	0.45	0.21	0.89	0.62	0.72	-0.29	0.74	0.56	0.83	0.37	0.7	0.87	0.75	-0.04	0.66	0.72	0.79	0.75	-0.52	0.86
Retained Earnings	0.31	0.94	0.53		-0.24	-0.09	-0.36	0.47	0.18	0.19	-0.5	0.26	0.06	0.48	-0.09	0.67	0.69	0.22	-0.23	0.86	0.84	0.67	0.21	-0.05	0.21
Net Receivables	0.8	-0.21	0.41	-0.24		0.93	0.94	0.21	0.84	0.31	0.4	0.73	0.57	0.48	0.57	0.01	0.15	0.55	0.35	-0.03	-0.01	0.12	0.5	-0.05	0.46
Total Liab	0.91	-0.13	0.45	-0.09	0.93		0.92	0.22	0.91	0.23	0.25	0.83	0.5	0.61	0.55	0.07	0.15	0.59	0.35	0.08	0.1	0.17	0.39	-0.07	0.39
Total Current Assets	0.73	-0.36	0.21	-0.36	0.94	0.92		0.0	0.77	0.12	0.47	0.68	0.47	0.35	0.62	-0.19	-0.04	0.45	0.4	-0.22	-0.21	-0.1	0.32	0.11	0.26
Short Term Debt	0.43	0.51	0.89	0.47	0.21	0.22	0.0		0.39	0.62	-0.15	0.41	0.37	0.69	0.17	0.7	0.8	0.53	-0.28	0.69	0.75	0.88	0.62	-0.68	0.77
Accounts Payable	0.96	0.21	0.62	0.18	0.84	0.91	0.77	0.39		0.5	0.17	0.87	0.68	0.79	0.65	0.34	0.34	0.73	0.4	0.32	0.34	0.37	0.61	-0.03	0.59
Intangible Assets	0.41	0.44	0.72	0.19	0.31	0.23	0.12	0.62	0.5		-0.15	0.5	0.84	0.65	0.48	0.52	0.53	0.72	0.36	0.26	0.32	0.46	0.92	-0.33	0.95
Common Stock	0.03	-0.5	-0.29	-0.5	0.4	0.25	0.47	-0.15	0.17	-0.15		-0.13	0.0	-0.26	0.14	-0.31	-0.37	-0.2	0.07	-0.36	-0.36	-0.3	-0.11	0.11	-0.14
Long Term Debt	0.93	0.3	0.74	0.26	0.73	0.83	0.68	0.41	0.87	0.5	-0.13		0.62	0.78	0.6	0.32	0.53	0.83	0.36	0.31	0.35	0.37	0.61	-0.13	0.63
Good Will	0.59	0.27	0.56	0.06	0.57	0.5	0.47	0.37	0.68	0.84	0.0	0.62		0.59	0.7	0.31	0.3	0.66	0.53	0.09	0.13	0.23	0.89	0.05	0.8
Property Plant Equipment	0.81	0.55	0.83	0.48	0.48	0.61	0.35	0.69	0.79	0.65	-0.26	0.78	0.59		0.39	0.63	0.63	0.88	0.19	0.58	0.61	0.76	0.67	-0.41	0.75
Current Deferred Revenue	0.54	0.04	0.37	-0.09	0.57	0.55	0.62	0.17	0.65	0.48	0.14	0.6	0.7	0.39		0.03	0.22	0.54	0.48	-0.05	-0.01	0.0	0.62	0.34	0.5
Short Term Investments	0.33	0.64	0.7	0.67	0.01	0.07	-0.19	0.7	0.34	0.52	-0.31	0.32	0.31	0.63	0.03		0.6	0.39	-0.39	0.71	0.7	0.68	0.42	-0.39	0.54
Net Tangible Assets	0.46	0.74	0.87	0.69	0.15	0.15	-0.04	0.8	0.34	0.53	-0.37	0.53	0.3	0.63	0.22	0.6		0.61	-0.15	0.72	0.76	0.8	0.62	-0.41	0.67
Long Term Debt Total	0.73	0.4	0.75	0.22	0.55	0.59	0.45	0.53	0.73	0.72	-0.2	0.83	0.66	0.88	0.54	0.39	0.61		0.43	0.28	0.33	0.53	0.77	-0.34	0.81
Capital Surpluse	0.33	0.01	-0.04	-0.23	0.35	0.35	0.4	-0.28	0.4	0.36	0.07	0.36	0.53	0.19	0.48	-0.39	-0.15	0.43		-0.29	-0.28	-0.24	0.37	0.31	0.26
Deferred Long Term Liab	0.42	0.79	0.66	0.86	-0.03	0.08	-0.22	0.69	0.32	0.26	-0.36	0.31	0.09	0.58	-0.05	0.71	0.72	0.28	-0.29		0.99	0.84	0.28	-0.26	0.35
Long Term Investments	0.43	0.78	0.72	0.84	-0.01	0.1	-0.21	0.75	0.34	0.32	-0.36	0.35	0.13	0.61	-0.01	0.7	0.76	0.33	-0.28	0.99		0.87	0.34	-0.32	0.42
Short Long Term Debt	0.45	0.69	0.79	0.67	0.12	0.17	-0.1	0.88	0.37	0.46	-0.3	0.37	0.23	0.76	0.0	0.68	0.8	0.53	-0.24	0.84	0.87		0.5	-0.59	0.6
Net Invested Capital	0.55	0.43	0.75	0.21	0.5	0.39	0.32	0.62	0.61	0.92	-0.11	0.61	0.89	0.67	0.62	0.42	0.62	0.77	0.37	0.28	0.34	0.5		-0.19	0.94
Net Working Capital	-0.09	-0.07	-0.52	-0.05	-0.05	-0.07	0.11	-0.68	-0.03	-0.33	0.11	-0.13	0.05	-0.41	0.34	-0.39	-0.41	-0.34	0.31	-0.26	-0.32	-0.59	-0.19		-0.46
Capital Stock	0.55	0.41	0.86	0.21	0.46	0.39	0.26	0.77	0.59	0.95	-0.14	0.63	0.8	0.75	0.5	0.54	0.67	0.81	0.26	0.35	0.42	0.6	0.94	-0.46

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Goodyear Tire

Working Capital Over Time

Goodyear Capital Surpluse

Capital Surpluse

2.16 Billion

At this time, Goodyear Tire's Capital Surpluse is comparatively stable compared to the past year.

According to the company's disclosures, Goodyear Tire Rubber has a Working Capital of 295 M. This is 95.06% lower than that of the Automobile Components sector and 55.82% lower than that of the Consumer Discretionary industry. The working capital for all United States stocks is 80.04% higher than that of the company.

Goodyear Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodyear Tire's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Goodyear Tire could also be used in its relative valuation, which is a method of valuing Goodyear Tire by comparing valuation metrics of similar companies.

Goodyear Tire is currently under evaluation in working capital category among its peers.

Goodyear Tire ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Goodyear Tire's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Goodyear Tire's managers, analysts, and investors.

Environmental

Governance

Social

Goodyear Fundamentals

	Return On Equity	0.0123
	Return On Asset	0.0207
	Profit Margin	0 %
	Operating Margin	0.03 %
	Current Valuation	10.55 B
	Shares Outstanding	285.11 M
	Shares Owned By Insiders	9.49 %
	Shares Owned By Institutions	86.43 %
	Number Of Shares Shorted	21.06 M
	Price To Earning	3.22 X
	Price To Book	0.54 X
	Price To Sales	0.14 X
	Revenue	18.88 B
	Gross Profit	3.58 B
	EBITDA	1.73 B
	Net Income	60 M
	Cash And Equivalents	1.25 B
	Cash Per Share	4.41 X
	Total Debt	8.79 B
	Debt To Equity	1.77 %
	Current Ratio	1.29 X
	Book Value Per Share	16.69 X
	Cash Flow From Operations	698 M
	Short Ratio	3.45 X
	Earnings Per Share	0.24 X
	Price To Earnings To Growth	1.67 X
	Target Price	11.54
	Number Of Employees	68 K
	Beta	1.71
	Market Capitalization	2.58 B
	Total Asset	20.96 B
	Retained Earnings	5.16 B
	Working Capital	295 M
	Current Asset	5.18 B
	Current Liabilities	3.95 B
	Five Year Return	2.81 %
	Net Asset	20.96 B

About Goodyear Tire Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goodyear Tire Rubber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodyear Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodyear Tire Rubber based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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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