Goodyear Tire reports 7.41
B of total liabilities with total debt to equity ratio (D/E) of 2.0, which is normal for its line of buisiness. The entity has a current ratio of 1.15, indicating that it is not liquid enough and may have problems paying out its debt commitments in time. We provide advice to complement the regular
expert consensus on Goodyear Tire. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time.
We determine the current worth of Goodyear Tire Rubber using both absolute as well as relative valuation methodologies to arrive at its intrinsic value. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Goodyear Tire Rubber based exclusively on its
fundamental and basic
technical indicators. By analyzing Goodyear Tire's
financials, quarterly and monthly indicators, and related drivers such as
dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of
Goodyear Tire's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Goodyear Tire. We calculate exposure to Goodyear Tire's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Goodyear Tire's related companies.
Goodyear Tire Rubber Investment Alerts
Goodyear investment alerts and warnings help investors to get more proficient at understanding not only critical technical and fundamental signals but also the significant portfolio-centered indicators. These indicators include beta, alpha, and other risk-related measures that will help you in monitoring Goodyear Tire Rubber performance across your portfolios.Please check all
investment alerts for Goodyear
Goodyear Tire Valuation Ratios as Compared to Competition
Our valuation model uses many indicators to compare Goodyear 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 the intrinsic value of Goodyear.
Goodyear Tire Gross Profit
Goodyear Tire Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Goodyear Tire previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Goodyear Tire Gross Profit growth over the last 10 years. Please check Goodyear Tire's
gross profit and other
fundamental indicators for more details.
Detailed Perspective On Goodyear Tire
The firm generated the yearly revenue of 14.2
B. Annual Net Loss to common stockholders was (869
M) with gross profit of 3.15
B.
| 2017 | 2018 | 2019 | 2020 (projected) |
Interest Expense | 335 M | 321 M | 340 M | 387.16 M | Gross Profit | 3.7 B | 3.51 B | 3.14 B | 3.81 B |
Margins Breakdown
Goodyear profit margins show the degree to which it makes money. Margin indicators are used not only by investors but also by creditors or Goodyear Tire itself as indicators of financial health and management effectiveness. Please look more closely at the different varieties of Goodyear Tire profit margins.
| Operating Margin | 4.95 |
| EBITDA Margin | 0.0995 |
| Gross Margin | 0.23 |
| Profit Margin | (0.020526) |
Goodyear Tire Earnings Before Interest Taxes and Depreciation Amortization EBITDA is increasing over the last 8 years. Also, Goodyear Tire Average Assets is increasing over the last 8 years.
Goodyear Tire bad events are not so bad
Newest potential upside is at 10.97. As of the 31st of July, Goodyear Tire retains the Risk Adjusted Performance of 0.1571,
market risk adjusted performance of 0.1994, and Downside Deviation of 5.27. Goodyear Tire
technical analysis makes it possible for you to employ
historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen
technical drivers for Goodyear Tire, which can be compared to its competitors. Please check out
Goodyear Tire variance, as well as the
relationship between the value at risk and
skewness to decide if Goodyear Tire is priced fairly, providing market reflects its last-minute price of 9.71 per share. Given that The Goodyear Tire has
jensen alpha of 0.14, we strongly advise you to confirm Goodyear Tire's regular market performance to make sure the company can sustain itself at a future point.
Whereas other companies under the auto parts industry are still a bit expensive, Goodyear Tire may offer a potential longer-term growth to private investors. With a relatively neutral outlook on the newest economy, it is better to hold off any trading of Goodyear as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Goodyear Tire.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Goodyear Tire Rubber. Please refer to our
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