Goodyear Tire & Rubber Co /Oh/ financial data

Symbol
GT on Nasdaq
Industry
Tires & Inner Tubes
Location
200 Innovation Way, Akron, Ohio
State of incorporation
Ohio
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 120 % -7.35%
Quick Ratio 57 % -10.9%
Debt-to-equity 355 % +4.88%
Return On Equity -12.9 % -13913%
Return On Assets -2.9 % -13415%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 285 M shares +0.44%
Common Stock, Shares, Outstanding 285 M shares +0.71%
Entity Public Float 3.9 B USD +30%
Weighted Average Number of Shares Outstanding, Basic 286 M shares +0.35%
Weighted Average Number of Shares Outstanding, Diluted 286 M shares +0.35%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 19.7 B USD -5.64%
Research and Development Expense 461 M USD -7.98%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -629 M USD -481%
Income Tax Expense (Benefit) 17 M USD -88.7%
Net Income (Loss) Attributable to Parent -645 M USD -13000%
Earnings Per Share, Basic -2.27 USD/shares -11450%
Earnings Per Share, Diluted -2.27 USD/shares -7667%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 893 M USD -17.5%
Accounts Receivable, after Allowance for Credit Loss, Current 3.03 B USD -6.5%
Inventory, Net 3.83 B USD -15.9%
Assets, Current 8.06 B USD -12.5%
Deferred Income Tax Assets, Net 1.66 B USD +11%
Operating Lease, Right-of-Use Asset 993 M USD +2.06%
Intangible Assets, Net (Excluding Goodwill) 962 M USD -3.32%
Goodwill 780 M USD -23.5%
Other Assets, Noncurrent 1.09 B USD -4.7%
Assets 22 B USD -5.09%
Accounts Payable, Current 4.22 B USD -5.14%
Employee-related Liabilities, Current 629 M USD +4.49%
Contract with Customer, Liability, Current 20 M USD +11.1%
Liabilities, Current 7.02 B USD +0.52%
Long-term Debt and Lease Obligation 7.48 B USD -8.79%
Contract with Customer, Liability, Noncurrent 8 M USD -42.9%
Deferred Income Tax Liabilities, Net 80 M USD -35.5%
Operating Lease, Liability, Noncurrent 841 M USD +2.94%
Other Liabilities, Noncurrent 856 M USD +33.8%
Liabilities 17.2 B USD -3.12%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.82 B USD +0.13%
Retained Earnings (Accumulated Deficit) 5.03 B USD -11.4%
Stockholders' Equity Attributable to Parent 4.64 B USD -11.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 4.8 B USD -11.5%
Liabilities and Equity 22 B USD -5.09%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -451 M USD +41.8%
Net Cash Provided by (Used in) Financing Activities 661 M USD -38.5%
Net Cash Provided by (Used in) Investing Activities -231 M USD +49.3%
Common Stock, Shares Authorized 450 M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -31 M USD +79.1%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 954 M USD -18%
Interest Paid, Excluding Capitalized Interest, Operating Activities 514 M USD +17.6%
Deferred Tax Assets, Valuation Allowance 1.28 B USD +18.9%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 3.27 B USD +6.65%
Operating Lease, Liability 1.03 B USD +0.49%
Depreciation 967 M USD +4.2%
Payments to Acquire Property, Plant, and Equipment 318 M USD +9.28%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -640 M USD -767%
Lessee, Operating Lease, Liability, to be Paid 1.33 B USD +0.45%
Operating Lease, Liability, Current 200 M USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 221 M USD +4.25%
Lessee, Operating Lease, Liability, to be Paid, Year One 260 M USD +1.96%
Deferred Income Tax Expense (Benefit) -42 M USD +30%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 309 M USD +0.33%
Lessee, Operating Lease, Liability, to be Paid, Year Three 183 M USD +3.98%
Deferred Federal Income Tax Expense (Benefit) -123 M USD -339%
Current Income Tax Expense (Benefit) 240 M USD +48.1%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 147 M USD +4.26%
Operating Lease, Payments 69 M USD -1.43%
Current State and Local Tax Expense (Benefit) 26 M USD +117%
Current Federal Tax Expense (Benefit) 37 M USD
Amortization of Intangible Assets 33 M USD -5.71%
Depreciation, Depletion and Amortization 284 M USD +13.1%
Deferred Tax Assets, Net of Valuation Allowance 2 B USD +0.05%
Share-based Payment Arrangement, Expense 17 M USD +21.4%
Deferred State and Local Income Tax Expense (Benefit) -45 M USD -550%
Interest Expense 531 M USD +12%