Goodyear Tire & Rubber Equity 2024

Goodyear Tire & Rubber Equity

4.67 B USD

Goodyear Tire & Rubber Dividend yield

1.24 %

Ticker

GT

ISIN

US3825501014

WKN

851204

In 2024, Goodyear Tire & Rubber's equity was 4.67 B USD, a -11.92% increase from the 5.3 B USD equity in the previous year.

Goodyear Tire & Rubber Aktienanalyse

What does Goodyear Tire & Rubber do?

Goodyear Tire & Rubber Co is an American company that specializes in the production of tires and other rubber products. The company should be familiar to many people as Goodyear tires are sold in many countries worldwide and have become one of the most well-known brands in the tire industry. The history of Goodyear Tire & Rubber Co dates back to 1898. The founder of the company, Frank Seiberling, was looking for a name for his new venture and ultimately decided on the name "Goodyear" as a tribute to the inventor of the rubber tire, Charles Goodyear. From that point on, the company began to focus on the manufacturing of tires and other rubber products. Today, Goodyear Tire & Rubber Co is a globally operating company with business divisions in North America, Europe, Asia, and Africa. The various divisions include the production of tires for passenger cars, vans, industrial machinery, agricultural vehicles, and racing vehicles. The product range also includes hoses, rubber mats, seals, dampers, and other rubber-made products. Goodyear Tire & Rubber Co benefits from the increasing demand for high-quality tires. Most of the products are manufactured in the United States and various European countries. The company strives to offer its customers a wide range of tires suitable for all types of vehicles. The business model of Goodyear Tire & Rubber Co is based on the production of technologically advanced products that meet customer requirements. The company utilizes cutting-edge technologies to improve the lifespan and performance of its products. It works closely with automobile manufacturers to ensure that the tires are perfectly matched to the respective vehicle types. In recent years, Goodyear Tire & Rubber Co has built a strong presence in many countries. The company has introduced its products to the market and built a strong customer base. Today, Goodyear Tire & Rubber Co products are available in more than 180 countries worldwide. In summary, Goodyear Tire & Rubber Co is a successful company specializing in the production of tires and other rubber products. The company has a long history and extensive experience in the industry. With a business model focused on customer needs and product development, Goodyear Tire & Rubber Co has established itself as one of the market leaders in the tire industry. Goodyear Tire & Rubber ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Goodyear Tire & Rubber's Equity

Goodyear Tire & Rubber's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Goodyear Tire & Rubber's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Goodyear Tire & Rubber's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Goodyear Tire & Rubber's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Goodyear Tire & Rubber’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Goodyear Tire & Rubber Stock

What is the equity of Goodyear Tire & Rubber this year?

Goodyear Tire & Rubber has equity of 4.67 B USD this year.

What was the equity of Goodyear Tire & Rubber compared to the previous year?

The equity of Goodyear Tire & Rubber has increased/decreased by -11.92% decreased compared to the previous year.

What impact does a high equity have on investors of Goodyear Tire & Rubber?

A high equity is advantageous for investors of Goodyear Tire & Rubber as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Goodyear Tire & Rubber?

A low equity can be a risk for investors of Goodyear Tire & Rubber, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Goodyear Tire & Rubber affect the company?

An increase in equity of Goodyear Tire & Rubber can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Goodyear Tire & Rubber affect the company?

A reduction in equity of Goodyear Tire & Rubber can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Goodyear Tire & Rubber?

Some factors that can affect the equity of Goodyear Tire & Rubber include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Goodyear Tire & Rubber so important for investors?

The equity of Goodyear Tire & Rubber is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Goodyear Tire & Rubber take to change the equity?

To change equity, Goodyear Tire & Rubber can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Goodyear Tire & Rubber pay?

Over the past 12 months, Goodyear Tire & Rubber paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 1.24 %. For the coming 12 months, Goodyear Tire & Rubber is expected to pay a dividend of 0 USD.

What is the dividend yield of Goodyear Tire & Rubber?

The current dividend yield of Goodyear Tire & Rubber is 1.24 %.

When does Goodyear Tire & Rubber pay dividends?

Goodyear Tire & Rubber pays a quarterly dividend. This is distributed in the months of May, August, November, February.

How secure is the dividend of Goodyear Tire & Rubber?

Goodyear Tire & Rubber paid dividends every year for the past 4 years.

What is the dividend of Goodyear Tire & Rubber?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Goodyear Tire & Rubber located?

Goodyear Tire & Rubber is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Goodyear Tire & Rubber kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Goodyear Tire & Rubber from 3/2/2020 amounting to 0.16 USD, you needed to have the stock in your portfolio before the ex-date on 1/31/2020.

When did Goodyear Tire & Rubber pay the last dividend?

The last dividend was paid out on 3/2/2020.

What was the dividend of Goodyear Tire & Rubber in the year 2023?

In the year 2023, Goodyear Tire & Rubber distributed 0 USD as dividends.

In which currency does Goodyear Tire & Rubber pay out the dividend?

The dividends of Goodyear Tire & Rubber are distributed in USD.

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Andere Kennzahlen von Goodyear Tire & Rubber

Our stock analysis for Goodyear Tire & Rubber Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Goodyear Tire & Rubber Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.