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Goodyear Tire & Rubber Co (Goodyear Tire & Rubber Co) Scaled Net Operating Assets : 0.56 (As of Dec. 2023)


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What is Goodyear Tire & Rubber Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Goodyear Tire & Rubber Co's operating assets for the quarter that ended in Dec. 2023 was $20,680 Mil. Goodyear Tire & Rubber Co's operating liabilities for the quarter that ended in Dec. 2023 was $8,096 Mil. Goodyear Tire & Rubber Co's Total Assets for the quarter that ended in Sep. 2023 was $22,499 Mil. Therefore, Goodyear Tire & Rubber Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.56.


Goodyear Tire & Rubber Co Scaled Net Operating Assets Historical Data

The historical data trend for Goodyear Tire & Rubber Co's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Goodyear Tire & Rubber Co Scaled Net Operating Assets Chart

Goodyear Tire & Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.50 0.76 0.61 0.56

Goodyear Tire & Rubber Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.64 0.61 0.61 0.56

Competitive Comparison of Goodyear Tire & Rubber Co's Scaled Net Operating Assets

For the Auto Parts subindustry, Goodyear Tire & Rubber Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Goodyear Tire & Rubber Co's Scaled Net Operating Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear Tire & Rubber Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Goodyear Tire & Rubber Co's Scaled Net Operating Assets falls into.



Goodyear Tire & Rubber Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Goodyear Tire & Rubber Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(20680-8096)/22431
=0.56

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21582 - 902
=20680

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16745 - 7656 - 993
=8096

Goodyear Tire & Rubber Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(20680-8096)/22499
=0.56

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=21582 - 902
=20680

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=16745 - 7656 - 993
=8096

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Goodyear Tire & Rubber Co Scaled Net Operating Assets Related Terms

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Goodyear Tire & Rubber Co (Goodyear Tire & Rubber Co) Business Description

Traded in Other Exchanges
Address
200 Innovation Way, Akron, OH, USA, 44316-0001
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.
Executives
Darren R Wells officer: Vice President & Treasurer THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Roger Wood director 3850 HAMLIN RD., AUBURN HILLS MI 48326
Max H Mitchell director CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Joseph R Hinrichs director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Margaret V Snyder officer: Vice President and Controller 200 INNOVATION WAY, AKRON OH 44316
Christina L Zamarro officer: EVP & Chief Financial Officer 200 INNOVATION WAY, AKRON OH 44316
Norma Clayton director 1915 REXFORD ROAD, CHARLOTTE NC 28211
Richard J Kramer officer: Senior Vice President THE GOODYEAR TIRE & RUBBER COMPANY, 1144 EAST MARKET STREET, AKRON OH 44316-0001
Stephen R Mcclellan officer: Pres., NAT Consumer Business 1144 EAST MARKET STREET, AKRON OH 44316
Prashanth Mahendra-rajah director C/O WABCO HOLDINGS INC., ONE CENTENNIAL AVENUE, PISCATAWAY NJ 08855
Karla R Lewis director C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Nathaniel Madarang officer: President, Asia Pacific 200 INNOVATION WAY, AKRON OH 44316
Jonathan Bellissimo officer: SR VP Global Operations & Tech 200 INNOVATION WAY, AKRON OH 44316
Hera K Siu director 200 INNOVATION WAY, AKRON OH 44316
David Emmitt Phillips officer: Sr VP and General Counsel 200 INNOVATION WAY, AKRON OH 44316