Goodyear Tire and Rubber Company Data Analysis Chapter

Open, View, and/or
Download this Document

Total Length: 580 words ( 2 double-spaced pages)

Total Sources: 2

Page 1 of 2

61 billion / $1.3 million. In this aspect, CTB is a stronger company in comparison with Goodyear, as they are more effectively using their assets to increase sales. ("Cooper Tire and Rubber Annual Report," 2010)

The Debt Ratio

The debt ratio is used by investors to determine the overall risks to the business from: various loans and other financial obligations they have. During times of financial challenges, the total amounts of debt could have an impact on future company's revenues (which may affect the financial strength of the business itself). This ratio is calculated by dividing the total debt into the total amount of assets. Any kind of reading higher than 1.0 indicates that the company has more than enough assets to meets its financial obligations. ("Debt Ratio," 2011) In the case of GT, the company has a debt ratio of .28. This was determined by dividing $4.

Stuck Writing Your "Goodyear Tire and Rubber Company" Data Analysis Chapter?

View All Our Example Goodyear Tire and Rubber Company Data Analysis Chapter

Have A Custom Example Essay Written

475 billion into $15.63 billion. While CTB, has a debt ratio of .90. This was calculated by dividing $21 billion into $23 billion. In this aspect, CTB has lower amounts of debt in comparison with Goodyear. ("Goodyear Tire and Rubber Annual Report," 2010) ("Cooper Tire and Rubber Annual Report," 2010)

The Debt to Equity Ratio

The debt to equity ratio is designed to tell investors how much debt and equity a company is using to finance its expansion. The higher the number is, the greater the chances that an organization has been using its debt to finance their growth. This number is calculated by dividing the total liabilities into the shareholder equity. ("Debt to Equity Ratio," 2011) As far as GT is concerned, the company has a debt to equity ratio of 50.99. This was.....

Show More ⇣

     Open the full completed essay and source list


OR

     Order a one-of-a-kind custom essay on this topic


sample essay writing service

Cite This Resource:

Latest APA Format (6th edition)

Copy Reference
"Goodyear Tire And Rubber Company" (2011, July 09) Retrieved June 5, 2026, from
https://www.aceyourpaper.com/essays/goodyear-tire-rubber-company-43183

Latest MLA Format (8th edition)

Copy Reference
"Goodyear Tire And Rubber Company" 09 July 2011. Web.5 June. 2026. <
https://www.aceyourpaper.com/essays/goodyear-tire-rubber-company-43183>

Latest Chicago Format (16th edition)

Copy Reference
"Goodyear Tire And Rubber Company", 09 July 2011, Accessed.5 June. 2026,
https://www.aceyourpaper.com/essays/goodyear-tire-rubber-company-43183
   

Open, View, and/or
Download this Document
order custom essay example