Goodyear Net Tangible Assets from 2010 to 2024

GT Stock  USD 9.71  0.42  4.52%   
Goodyear Tire Net Tangible Assets yearly trend continues to be comparatively stable with very little volatility. Net Tangible Assets are likely to outpace its year average in 2024. Net Tangible Assets is the total assets of Goodyear Tire Rubber minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
3.2 B
Current Value
3.1 B
Quarterly Volatility
1.6 B
 
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 Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Goodyear Tire Rubber over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Goodyear Tire's Net Tangible Assets 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 Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Goodyear Net Tangible Assets Regression Statistics

Arithmetic Mean3,092,316,667
Coefficient Of Variation67.85
Mean Deviation1,620,920,000
Median3,453,000,000
Standard Deviation2,098,222,676
Sample Variance4402538.4T
Range6.8B
R-Value0.87
Mean Square Error1193426.2T
R-Squared0.75
Significance0.000031
Slope405,854,464
Total Sum of Squares61635537.6T

Goodyear Net Tangible Assets History

20246.4 B
20236.1 B
20225.3 B
2021B
20202.5 B
20193.6 B
20184.2 B

About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Net Tangible Assets, 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
Net Tangible Assets6.1 B6.4 B

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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.