Goodyear Tire Financials

Goodyear Tire Stock Summary

Goodyear Tire competes with Bridgestone, Advanced Drainage, Sumitomo Rubber, and Zeon. The Goodyear Tire Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. The Goodyear Tire Rubber Company was founded in 1898 and is headquartered in Akron, Ohio. GOODYEAR TIRE operates under Rubber Plastics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 64000 people.

Goodyear Tire Key Financial Ratios

There are many critical financial ratios that Goodyear Tire's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Goodyear Tire reports annually and quarterly.

Goodyear Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Goodyear Tire's current stock value. Our valuation model uses many indicators to compare Goodyear Tire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goodyear Tire competition to find correlations between indicators driving Goodyear Tire's intrinsic value. More Info.The Goodyear Tire is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.66  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for The Goodyear Tire is roughly  1.52 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Goodyear Tire's earnings, one of the primary drivers of an investment's value.

Goodyear Tire Systematic Risk

Along with financial statement analysis, the daily predictive indicators of Goodyear Tire help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of The Goodyear Tire. We use our internally-developed statistical techniques to arrive at the intrinsic value of The Goodyear Tire based on widely used predictive technical indicators. In general, we focus on analyzing Goodyear Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Goodyear Tire's daily price indicators and compare them against related drivers.

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.