Goodyear Tire & Rubber GT
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Goodyear Tire & Rubber (GT) Business Model and Operations Summary
Goodyear Tire & Rubber Co manufactures and sells a variety of rubber tires under the Goodyear brand name. The firm's tires are used for automobiles, trucks, buses, aircraft, motorcycles, mining equipment, farm equipment, and industrial equipment. The company operates its business through three operating segments representing its regional tire businesses: Americas; Europe, the Middle East, and Africa (EMEA); and the Asia Pacific.
Key Insights
Goodyear Tire & Rubber (GT) Core Market Data and Business Metrics
Latest Closing Price
$8.94Market Cap
$2.54 BillionPrice-Earnings Ratio
-8.60Total Outstanding Shares
285.11 Million SharesTotal Employees
68,000Dividend
$0.16 Per Share QuarterlyIPO Date
September 11, 1951SIC Description
Tires & Inner TubesPrimary Exchange
NASDAQHeadquarters
200 Innovation Way, Akron, OH, 44316
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Cash Flow Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Operating Activities | $645 Million |
| Net Cash Flow From Financing Activities, Continuing | $208 Million |
| Net Cash Flow From Operating Activities, Continuing | $645 Million |
| Net Cash Flow From Investing Activities, Continuing | $-976 Million |
| Exchange Gains/Losses | $5 Million |
| Net Cash Flow, Continuing | $-123 Million |
Income Statement
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Operating Expenses | $684 Million |
| Selling, General, and Administrative Expenses | $2.86 Billion |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
| Basic Average Shares | $860 Million |
| Revenues | $19.05 Billion |
| Income/Loss From Continuing Operations After Tax | $-225 Million |
Comprehensive Income
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Other Comprehensive Income/Loss Attributable To Noncontrolling Interest | $9 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $-2 Million |
| Comprehensive Income/Loss Attributable To Parent | $-275 Million |
| Other Comprehensive Income/Loss | $31 Million |
| Comprehensive Income/Loss | $-277 Million |
Balance Sheet
October 1, 2023 to September 30, 2024
| Metric | Value |
|---|---|
| Equity | $4.90 Billion |
| Other Non-current Assets | $12.83 Billion |
| Liabilities And Equity | $22.55 Billion |
| Current Liabilities | $7.80 Billion |
| Intangible Assets | $814 Million |
| Other Non-current Liabilities | $1.67 Billion |
Historical Dividends
Current dividend: $0.16 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Jan 15, 2020 | Mar 2, 2020 | Feb 3, 2020 | $0.16 | Quarterly |
| Oct 8, 2019 | Dec 2, 2019 | Nov 1, 2019 | $0.16 | Quarterly |
| Jul 15, 2019 | Sep 3, 2019 | Aug 1, 2019 | $0.16 | Quarterly |
| Apr 9, 2019 | Jun 3, 2019 | May 1, 2019 | $0.16 | Quarterly |
| Jan 15, 2019 | Mar 1, 2019 | Feb 1, 2019 | $0.16 | Quarterly |
| Oct 10, 2018 | Dec 3, 2018 | Nov 1, 2018 | $0.16 | Quarterly |