Goodyear Interest Expense from 2010 to 2024

GT Stock  USD 11.93  0.12  1.00%   
Goodyear Tire Interest Expense yearly trend continues to be comparatively stable with very little volatility. Interest Expense is likely to outpace its year average in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
138 M
Current Value
129 M
Quarterly Volatility
75.9 M
 
Dot-com Bubble
 
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 main balance sheet or income statement drivers, such as Depreciation And Amortization of 675.1 M, Interest Expense of 558.6 M or Total Revenue of 16.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 2.52 or PTB Ratio of 0.84. Goodyear financial statements analysis is a perfect complement when working with Goodyear Tire Valuation or Volatility modules.
  
This module can also supplement Goodyear Tire's financial leverage analysis and stock options assessment as well as various Goodyear Tire Technical models . Check out the analysis of Goodyear Tire Correlation against competitors.

Latest Goodyear Tire's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Goodyear Tire Rubber over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Goodyear Tire's Interest Expense 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.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Goodyear Interest Expense Regression Statistics

Arithmetic Mean369,306,667
Geometric Mean0.00
Coefficient Of Variation33.91
Mean Deviation77,086,222
Median372,000,000
Standard Deviation125,237,988
Sample Variance15684.6T
Range558.6M
R-Value0.65
Mean Square Error9842.6T
R-Squared0.42
Significance0.01
Slope18,090,000
Total Sum of Squares219583.7T

Goodyear Interest Expense History

2024558.6 M
2023532 M
2022451 M
2021387 M
2020324 M
2019340 M
2018321 M

About Goodyear Tire Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Goodyear Tire income statement, its balance sheet, and the statement of cash flows. Goodyear Tire investors use historical funamental indicators, such as Goodyear Tire's Interest Expense, to determine how well the company is positioned to perform in the future. Although Goodyear Tire investors may use each financial statement separately, they are all related. The changes in Goodyear Tire's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Goodyear Tire's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Goodyear Tire Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Goodyear Tire. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense532 M558.6 M

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When determining whether Goodyear Tire Rubber is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Goodyear Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Goodyear Tire Rubber Stock. Highlighted below are key reports to facilitate an investment decision about Goodyear Tire Rubber Stock:
Check out the analysis of Goodyear Tire Correlation against competitors.
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Is Goodyear Tire's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Goodyear Tire. If investors know Goodyear will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Goodyear Tire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.66)
Earnings Share
(2.42)
Revenue Per Share
70.407
Quarterly Revenue Growth
(0.05)
Return On Assets
0.0152
The market value of Goodyear Tire Rubber is measured differently than its book value, which is the value of Goodyear that is recorded on the company's balance sheet. Investors also form their own opinion of Goodyear Tire's value that differs from its market value or its book value, called intrinsic value, which is Goodyear Tire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Goodyear Tire's market value can be influenced by many factors that don't directly affect Goodyear Tire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Goodyear Tire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Goodyear Tire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Goodyear Tire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.