GOODYEAR T & RUBBER
GOODYEAR T & RUBBER operates in Diversified Metals & Mining.
GOODYEAR T & RUBBER (GTR) - Total Assets
Latest total assets as of June 2024: €22.02 Billion EUR
Based on the latest financial reports, GOODYEAR T & RUBBER (GTR) holds total assets worth €22.02 Billion EUR as of June 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
GOODYEAR T & RUBBER - Total Assets Trend (2016–2023)
This chart illustrates how GOODYEAR T & RUBBER’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
GOODYEAR T & RUBBER - Asset Composition Analysis
Current Asset Composition (December 2023)
GOODYEAR T & RUBBER's total assets of €22.02 Billion consist of 35.5% current assets and 64.6% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 4.2% |
| Accounts Receivable | €2.73 Billion | 12.7% |
| Inventory | €3.70 Billion | 17.1% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €969.00 Million | 4.5% |
| Goodwill | €781.00 Million | 3.6% |
Asset Composition Trend (2016–2023)
This chart illustrates how GOODYEAR T & RUBBER's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: GOODYEAR T & RUBBER's current assets represent 35.5% of total assets in 2023, an increase from 34.6% in 2016.
- Cash Position: Cash and equivalents constituted 4.2% of total assets in 2023, down from 6.9% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 3.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 17.1% of total assets.
GOODYEAR T & RUBBER Competitors by Total Assets
Key competitors of GOODYEAR T & RUBBER based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
MANHATTAN ASSOC
BE:MHT
|
Germany | €698.14 Million |
|
TV BROADCAST
MU:TBCN
|
Germany | €6.25 Billion |
|
FIRST CITIZENS BC A
BE:FC6A
|
Germany | €220.57 Billion |
|
COSTCO WHSL
MU:CTO
|
Germany | €69.83 Billion |
|
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
|
Germany | €1.73 Trillion |
|
BURCKHARDT COMPRE N
MU:B5H
|
Germany | €1.07 Billion |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
USA | $886.19 Million |
|
2H0
F:2H0
|
Germany | €15.27 Million |
GOODYEAR T & RUBBER - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - GOODYEAR T & RUBBER generates 0.93x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - GOODYEAR T & RUBBER is currently not profitable relative to its asset base.
GOODYEAR T & RUBBER - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.06 | 1.28 | 1.33 |
| Quick Ratio | 0.54 | 0.65 | 0.75 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €495.00 Million | € 1.92 Billion | € 1.69 Billion |
GOODYEAR T & RUBBER - Advanced Valuation Insights
This section examines the relationship between GOODYEAR T & RUBBER's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -3.8% |
| Total Assets | €21.58 Billion |
| Market Capitalization | $59.11K USD |
Valuation Analysis
Below Book Valuation: The market values GOODYEAR T & RUBBER's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: GOODYEAR T & RUBBER's assets decreased by 3.8% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for GOODYEAR T & RUBBER (2016–2023)
The table below shows the annual total assets of GOODYEAR T & RUBBER from 2016 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | €21.58 Billion | -3.78% |
| 2022-12-31 | €22.43 Billion | +4.81% |
| 2021-12-31 | €21.40 Billion | +29.66% |
| 2020-12-31 | €16.51 Billion | -3.95% |
| 2019-12-31 | €17.18 Billion | +1.86% |
| 2018-12-31 | €16.87 Billion | -1.13% |
| 2017-12-31 | €17.06 Billion | +3.35% |
| 2016-12-31 | €16.51 Billion | -- |