Goodyear Net Working Capital from 2010 to 2024

GT Stock  USD 10.13  0.42  4.33%   
Goodyear Tire Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital is likely to outpace its year average in 2024. From the period from 2010 to 2024, Goodyear Tire Net Working Capital quarterly data regression had r-value of (0.42) and coefficient of variation of  29.01. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
503 M
Current Value
697.8 M
Quarterly Volatility
274.3 M
 
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 Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Goodyear Tire Rubber over the last few years. It is Goodyear Tire's Net Working Capital 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 Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Goodyear Net Working Capital Regression Statistics

Arithmetic Mean945,455,238
Geometric Mean904,806,236
Coefficient Of Variation29.01
Mean Deviation219,526,349
Median1,054,000,000
Standard Deviation274,271,061
Sample Variance75224.6T
Range1B
R-Value(0.42)
Mean Square Error67052T
R-Squared0.17
Significance0.12
Slope(25,457,857)
Total Sum of Squares1053144.6T

Goodyear Net Working Capital History

2024697.8 M
2023503 M
20221.5 B
2021719 M
2020514 M
2019647 M
20181.1 B

About Goodyear Tire Financial Statements

Goodyear Tire shareholders use historical fundamental indicators, such as Net Working Capital, 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 Working Capital503 M697.8 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.