GT - The Goodyear Tire & Rubber Company
NASDAQ
->
Consumer Cyclical
->
Auto Parts
Akron,
United States
Type: Equity
GT price evolution
GT
| (in millions $) | 31 Dec 2023 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $902 | $1002 | $1049 | $1082 |
| Short term investments | ||||
| Net receivables | $2731 | $3379 | $3033 | $3244 |
| Inventory | $3698 | $3964 | $4360 | $4553 |
| Total current assets | $7650 | $8677 | $8858 | $9213 |
| Long term investments | ||||
| Property, plant & equipment | $9477 | $9175 | $9277 | $9299 |
| Goodwill & intangible assets | $1750 | $1985 | $2001 | $2014 |
| Total noncurrent assets | $13932 | $13822 | $13956 | $13958 |
| Total investments | ||||
| Total assets | $21582 | $22499 | $22814 | $23171 |
| Current liabilities | ||||
| Accounts payable | $4326 | $4110 | $4361 | $4452 |
| Deferred revenue | ||||
| Short long term debt | $993 | $799 | $986 | $1007 |
| Total current liabilities | $7147 | $6694 | $6940 | $6984 |
| Long term debt | $7656 | $8871 | $8848 | $9021 |
| Total noncurrent liabilities | $9598 | $10644 | $10601 | $10763 |
| Total debt | $8649 | $9670 | $9834 | $10028 |
| Total liabilities | $16745 | $17338 | $17541 | $17747 |
| Shareholders' equity | ||||
| Retained earnings | $5086 | $5377 | $5466 | $5674 |
| Other shareholder equity | -$3835 | -$3794 | -$3768 | -$3824 |
| Total shareholder equity | $4668 | $4993 | $5105 | $5253 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $902 | $1227 | $1088 | $1539 |
| Short term investments | ||||
| Net receivables | $2731 | $2610 | $2387 | $1691 |
| Inventory | $3698 | $4571 | $3594 | $2153 |
| Total current assets | $7650 | $8665 | $7331 | $5620 |
| Long term investments | $77 | |||
| Property, plant & equipment | $9477 | $9270 | $9326 | $7924 |
| Goodwill & intangible assets | $1750 | $2018 | $2043 | $543 |
| Total noncurrent assets | $13932 | $13766 | $14071 | $10886 |
| Total investments | ||||
| Total assets | $21582 | $22431 | $21402 | $16506 |
| Current liabilities | ||||
| Accounts payable | $4326 | $4803 | $4148 | $2945 |
| Deferred revenue | ||||
| Short long term debt | $993 | $822 | $953 | $756 |
| Total current liabilities | $7147 | $7140 | $6612 | $5106 |
| Long term debt | $7656 | $7267 | $7467 | $6116 |
| Total noncurrent liabilities | $9598 | $9825 | $9606 | $8141 |
| Total debt | $8649 | $8910 | $8420 | $6872 |
| Total liabilities | $16745 | $17131 | $16218 | $13247 |
| Shareholders' equity | ||||
| Retained earnings | $5086 | $5775 | $5573 | $4809 |
| Other shareholder equity | -$3835 | -$3876 | -$3963 | -$4135 |
| Total shareholder equity | $4668 | $5300 | $4999 | $3078 |
| (in millions $) | 31 Dec 2023 | 30 Oct 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $5116 | $4867 | $4941 | |
| Cost of revenue | $4070 | $4123 | $4193 | |
| Gross Profit | $1046 | $744 | $748 | |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $769 | $708 | $664 | |
| Total operating expenses | $1199 | $780 | $696 | |
| Operating income | -$153 | -$36 | $52 | |
| Income from continuing operations | ||||
| EBIT | -$179 | -$72 | $27 | |
| Income tax expense | -$12 | -$2 | -$1 | |
| Interest expense | $129 | $138 | $127 | |
| Net income | ||||
| Net income | -$296 | -$208 | -$99 | |
| Income (for common shares) | -$296 | -$208 | -$99 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $20066 | $20805 | $17478 | $12321 |
| Cost of revenue | $16557 | $16953 | $13692 | $10337 |
| Gross Profit | $3509 | $3852 | $3786 | $1984 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $2814 | $2798 | $2699 | $2192 |
| Total operating expenses | $3546 | $2927 | $2792 | $2681 |
| Operating income | -$37 | $925 | $994 | -$697 |
| Income from continuing operations | ||||
| EBIT | -$145 | $850 | $900 | -$816 |
| Income tax expense | $10 | $190 | -$267 | $110 |
| Interest expense | $532 | $451 | $387 | $324 |
| Net income | ||||
| Net income | -$687 | $209 | $780 | -$1250 |
| Income (for common shares) | -$687 | $209 | $780 | -$1250 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | -$296 | -$84 | -$208 | -$99 |
| Operating activities | ||||
| Depreciation | $26 | $321 | $329 | $325 |
| Business acquisitions & disposals | $13 | $1 | $2 | |
| Stock-based compensation | ||||
| Total cash flows from operations | $1236 | $230 | $341 | -$775 |
| Investing activities | ||||
| Capital expenditures | -$217 | -$264 | -$179 | -$291 |
| Investments | -$13 | $91 | -$8 | -$157 |
| Total cash flows from investing | -$217 | -$173 | -$189 | -$456 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$1 | -$1 | ||
| Net borrowings | -$1130 | -$95 | -$194 | $1076 |
| Total cash flows from financing | -$1107 | -$102 | -$199 | $1075 |
| Effect of exchange rate | $15 | -$9 | -$4 | $8 |
| Change in cash and equivalents | -$73 | -$54 | -$51 | -$148 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$687 | $209 | $780 | -$1250 |
| Operating activities | ||||
| Depreciation | $1001 | $964 | $883 | $859 |
| Business acquisitions & disposals | $16 | $52 | -$1842 | |
| Stock-based compensation | ||||
| Total cash flows from operations | $1032 | $521 | $1062 | $1115 |
| Investing activities | ||||
| Capital expenditures | -$951 | -$953 | -$981 | -$647 |
| Investments | -$87 | $16 | $23 | -$13 |
| Total cash flows from investing | -$1035 | -$914 | -$2793 | -$667 |
| Financing activities | ||||
| Dividends paid | -$37 | |||
| Sale and purchase of stock | -$2 | -$6 | $9 | |
| Net borrowings | -$343 | $582 | $1406 | $250 |
| Total cash flows from financing | -$333 | $575 | $1309 | $203 |
| Effect of exchange rate | $10 | -$35 | -$38 | -$1 |
| Change in cash and equivalents | -$326 | $147 | -$460 | $650 |
News
Fundamentals
| Market cap | $3.37B |
|---|---|
| Enterprise value | $11.12B |
| Shares outstanding | 283.79M |
| Revenue | N/A |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | N/A |
| Revenue Q/Q | -4.80% |
| Revenue Y/Y | N/A |
| P/E ratio | N/A |
|---|---|
| EV/Sales | N/A |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | N/A |
| P/B ratio | 0.40 |
| Book/Share | 29.96 |
| Cash/Share | 3.18 |
| EPS | N/A |
|---|---|
| ROA | N/A |
| ROE | N/A |
| Debt/Equity | 3.59 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.07 |
| Quick ratio | 0.55 |