Goodyear Good Will from 2010 to 2024

GT Stock  USD 9.71  0.42  4.52%   
Goodyear Tire Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will will likely drop to about 732.8 M in 2024. Good Will is an intangible asset that arises when Goodyear Tire Rubber acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2000-12-31
Previous Quarter
779 M
Current Value
759 M
Quarterly Volatility
144.2 M
 
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 Good Will Growth Pattern

Below is the plot of the Good Will of Goodyear Tire Rubber over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Goodyear Tire's Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Goodyear Good Will Regression Statistics

Arithmetic Mean662,281,944
Geometric Mean644,810,299
Coefficient Of Variation25.00
Mean Deviation118,685,000
Median601,000,000
Standard Deviation165,600,107
Sample Variance27423.4T
Range606M
R-Value0.42
Mean Square Error24353.5T
R-Squared0.18
Significance0.12
Slope15,507,158
Total Sum of Squares383927.5T

Goodyear Good Will History

2024732.8 M
2023781 M
2022B
2021B
2020408 M
2019565 M
2018569 M

About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Good Will, 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
Good Will781 M732.8 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.