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Last $27.23 USD
Change Today +0.17 / 0.63%
Volume 3.8M
GT On Other Exchanges
Symbol
Exchange
NASDAQ GS
Mexico
As of 8:10 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for goodyear tire & rubber co (GT)

The Goodyear Tire & Rubber Company may have more financial risk than other companies in the Auto Components industry. It remains one of the most highly leveraged, despite its Debt to Total Capital ratio shrinking to 59.09% over the last fiscal year. However, an examination of near-term assets and liabilities shows that, even though there are not enough liquid assets to satisfy current obligations, Operating Profits are more than adequate to service the debt. Accounts Receivable are among the industry's worst with 45.65 days worth of sales outstanding. This implies that revenues are not being collected in an efficient manner. Last, inventories seem to be well managed as the Inventory Processing Period is typical for the industry, at 72.05 days.
Currency in
Millions of US Dollars
As of:Dec 31
2011
Dec 31
2012
Dec 31
2013
Dec 31
2014
4 Year
Trend
Assets    
Cash and Equivalents2,772.02,281.02,996.02,161.0
TOTAL CASH AND SHORT TERM INVESTMENTS2,772.02,281.02,996.02,161.0
Accounts Receivable2,804.02,563.02,424.02,113.0
Other Receivables8.0------
TOTAL RECEIVABLES2,812.02,563.02,424.02,113.0
Inventory3,856.03,250.02,816.02,671.0
Prepaid Expenses335.0361.0254.0196.0
Deferred Tax Assets, Current----143.0570.0
Other Current Assets37.043.011.013.0
TOTAL CURRENT ASSETS9,812.08,498.08,644.07,724.0
Gross Property Plant and Equipment15,004.015,947.016,478.016,182.0
Accumulated Depreciation-8,629.0-8,991.0-9,158.0-9,029.0
NET PROPERTY PLANT AND EQUIPMENT6,375.06,956.07,320.07,153.0
Goodwill654.0664.0668.0601.0
Long-Term Investments41.041.049.051.0
Deferred Tax Assets, Long Term145.0186.0157.01,762.0
Other Intangibles157.0140.0138.0138.0
Other Long-Term Assets445.0488.0551.0680.0
TOTAL ASSETS17,629.016,973.017,527.018,109.0
    
LIABILITIES & EQUITY    
Accounts Payable3,668.03,223.03,097.02,878.0
Accrued Expenses810.0728.0769.0733.0
Short-Term Borrowings256.0102.014.030.0
Current Portion of Long-Term Debt/Capital Lease156.096.073.0148.0
Current Portion of Capital Lease Obligations------10.0
Other Current Liabilities, Total1,039.01,173.01,072.0947.0
TOTAL CURRENT LIABILITIES5,929.05,322.05,025.04,736.0
Long-Term Debt4,789.04,888.06,162.06,167.0
Capital Leases------49.0
Minority Interest875.0789.0839.0817.0
Pension & Other Post-Retirement Benefits3,623.03,955.02,278.01,291.0
Deferred Tax Liability Non-Current244.0264.0256.0181.0
Other Non-Current Liabilities1,420.01,385.01,361.01,258.0
TOTAL LIABILITIES16,005.015,814.015,082.013,682.0
Preferred Stock Convertible500.0500.0500.0--
TOTAL PREFERRED EQUITY500.0500.0500.0--
Common Stock245.0245.0248.0269.0
Additional Paid in Capital2,808.02,815.02,847.03,141.0
Retained Earnings1,187.01,370.01,958.04,343.0
Comprehensive Income and Other-3,991.0-4,560.0-3,947.0-4,143.0
TOTAL COMMON EQUITY249.0-130.01,106.03,610.0
TOTAL EQUITY1,624.01,159.02,445.04,427.0
TOTAL LIABILITIES AND EQUITY17,629.016,973.017,527.018,109.0
 

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GT:US $27.23 USD +0.17

GT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Carlisle Cos Inc $91.87 USD -2.09
Isuzu Motors Ltd ¥1,596 JPY +19.50
LANXESS AG €47.83 EUR -1.99
Pirelli & C. SpA €15.36 EUR +0.03
Yokohama Rubber Co Ltd/The ¥1,301 JPY +12.00
View Industry Companies
 

Industry Analysis

GT

Industry Average

Valuation GT Industry Range
Price/Earnings 3.1x
Price/Sales 0.4x
Price/Book 2.0x
Price/Cash Flow 3.0x
TEV/Sales NM Not Meaningful
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