GOODYEAR T & RUBBER
GOODYEAR T & RUBBER operates in Diversified Metals & Mining.
GOODYEAR T & RUBBER (GTR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.014x
Based on the latest financial reports, GOODYEAR T & RUBBER (GTR) has a cash flow conversion efficiency ratio of -0.014x as of June 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-67.00 Million) by net assets (€4.86 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
GOODYEAR T & RUBBER - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how GOODYEAR T & RUBBER's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
GOODYEAR T & RUBBER Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of GOODYEAR T & RUBBER ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
HBTS5F
SA:HBTS5F
|
N/A |
|
CURY3F
SA:CURY3F
|
N/A |
|
ARCOS DOR HLDG A
BE:AD8
|
0.155x |
|
Telemasters Holdings Ltd
JSE:TLM
|
0.179x |
|
Tae Kyung Chemical Co. Ltd.
KQ:006890
|
N/A |
|
Beroni Group Limited
OTCQB:BNIGF
|
-0.132x |
|
Turn Cloud Technology Service Inc.
TWO:6870
|
N/A |
|
THG Holdings PLC
LSE:THG
|
-0.134x |
Annual Cash Flow Conversion Efficiency for GOODYEAR T & RUBBER (2016–2023)
The table below shows the annual cash flow conversion efficiency of GOODYEAR T & RUBBER from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €4.84 Billion | €1.03 Billion | 0.213x | +123.84% |
| 2022-12-31 | €5.47 Billion | €521.00 Million | 0.095x | -53.47% |
| 2021-12-31 | €5.18 Billion | €1.06 Billion | 0.205x | -40.12% |
| 2020-12-31 | €3.26 Billion | €1.11 Billion | 0.342x | +28.83% |
| 2019-12-31 | €4.54 Billion | €1.21 Billion | 0.266x | +46.99% |
| 2018-12-31 | €5.07 Billion | €916.00 Million | 0.181x | -24.33% |
| 2017-12-31 | €4.85 Billion | €1.16 Billion | 0.239x | -24.99% |
| 2016-12-31 | €4.72 Billion | €1.50 Billion | 0.318x | -- |