Goodyear Lastikleri Tas Stock Current Asset

GOODY Stock  TRY 15.58  0.52  3.23%   
Goodyear Lastikleri TAS fundamentals help investors to digest information that contributes to Goodyear Lastikleri'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 Lastikleri'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 Lastikleri stock.
  
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Goodyear Lastikleri TAS Company Current Asset Analysis

Goodyear Lastikleri's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.

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Current Goodyear Lastikleri Current Asset

    
  543 M  
Most of Goodyear Lastikleri's fundamental indicators, such as Current Asset, 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 Lastikleri TAS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
Competition

In accordance with the recently published financial statements, Goodyear Lastikleri TAS has a Current Asset of 543 M. This is 98.95% lower than that of the Auto Components sector and 70.05% lower than that of the Consumer Discretionary industry. The current asset for all Turkey stocks is 94.19% higher than that of the company.

Goodyear Current Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodyear Lastikleri's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Goodyear Lastikleri could also be used in its relative valuation, which is a method of valuing Goodyear Lastikleri by comparing valuation metrics of similar companies.
Goodyear Lastikleri is currently under evaluation in current asset category among its peers.

Goodyear Fundamentals

About Goodyear Lastikleri Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Goodyear Lastikleri TAS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodyear Lastikleri using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodyear Lastikleri TAS 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.

Thematic Opportunities

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Other Information on Investing in Goodyear Stock

Goodyear Lastikleri financial ratios help investors to determine whether Goodyear Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Goodyear with respect to the benefits of owning Goodyear Lastikleri security.