Owens Net Tangible Assets from 2010 to 2024

OC Stock  USD 171.68  3.18  1.89%   
Owens Corning's Net Tangible Assets are increasing over the years with slightly volatile fluctuation. Net Tangible Assets are expected to dwindle to about 2 B. Net Tangible Assets is the total assets of Owens Corning minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-06-30
Previous Quarter
2.1 B
Current Value
2.2 B
Quarterly Volatility
546.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Owens Corning financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Owens main balance sheet or income statement drivers, such as Depreciation And Amortization of 639.5 M, Interest Expense of 78.8 M or Total Revenue of 5.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0091 or PTB Ratio of 2.71. Owens financial statements analysis is a perfect complement when working with Owens Corning Valuation or Volatility modules.
  
This module can also supplement Owens Corning's financial leverage analysis and stock options assessment as well as various Owens Corning Technical models . Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

Latest Owens Corning's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Owens Corning over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Owens Corning's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Owens Corning's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Owens Net Tangible Assets Regression Statistics

Arithmetic Mean1,974,197,436
Geometric Mean1,806,593,712
Coefficient Of Variation40.71
Mean Deviation641,436,923
Median1,889,000,000
Standard Deviation803,648,698
Sample Variance645851.2T
Range2.9B
R-Value0.63
Mean Square Error422398.6T
R-Squared0.39
Significance0.01
Slope112,610,824
Total Sum of Squares9041917.2T

Owens Net Tangible Assets History

2024B
20233.4 B
2022B
20212.8 B
20202.3 B
2019B
2018555 M

About Owens Corning Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Owens Corning income statement, its balance sheet, and the statement of cash flows. Owens Corning investors use historical funamental indicators, such as Owens Corning's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Owens Corning investors may use each financial statement separately, they are all related. The changes in Owens Corning's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Owens Corning's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Owens Corning Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Owens Corning. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets3.4 BB

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When determining whether Owens Corning offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Owens Corning's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Owens Corning Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Owens Corning Stock:
Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
Note that the Owens Corning information on this page should be used as a complementary analysis to other Owens Corning's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Owens Corning's price analysis, check to measure Owens Corning's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Owens Corning is operating at the current time. Most of Owens Corning's value examination focuses on studying past and present price action to predict the probability of Owens Corning's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Owens Corning's price. Additionally, you may evaluate how the addition of Owens Corning to your portfolios can decrease your overall portfolio volatility.
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Is Owens Corning's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Owens Corning. If investors know Owens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.18)
Dividend Share
2.24
Earnings Share
12.37
Revenue Per Share
108.26
Quarterly Revenue Growth
(0.01)
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.