O I Tax Provision from 2010 to 2024

OI Stock  USD 13.17  0.08  0.61%   
O I's Tax Provision is increasing with slightly volatile movements from year to year. Tax Provision is predicted to flatten to about 134 M. Tax Provision is the amount set aside by O I Glass to cover any estimated taxes for the current period. It reflects O I's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
25 M
Current Value
41 M
Quarterly Volatility
19.9 M
 
Covid
Check O I financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among O I main balance sheet or income statement drivers, such as Depreciation And Amortization of 468.5 M, Interest Expense of 176.8 M or Total Revenue of 6.6 B, as well as many exotic indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0047 or PTB Ratio of 2.72. O I financial statements analysis is a perfect complement when working with O I Valuation or Volatility modules.
  
This module can also supplement O I's financial leverage analysis and stock options assessment as well as various O I Technical models . Check out the analysis of O I Correlation against competitors.

Latest O I's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of O I Glass over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. O I's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in O I's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

O I Tax Provision Regression Statistics

Arithmetic Mean117,330,370
Geometric Mean114,401,790
Coefficient Of Variation23.77
Mean Deviation20,396,444
Median106,000,000
Standard Deviation27,887,342
Sample Variance777.7T
Range108M
R-Value0.56
Mean Square Error578.1T
R-Squared0.31
Significance0.03
Slope3,470,317
Total Sum of Squares10887.9T

O I Tax Provision History

2024134 M
2023141 M
2022178 M
2021167 M
202089 M
2019118 M
2018108 M

About O I Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include O I income statement, its balance sheet, and the statement of cash flows. O I investors use historical funamental indicators, such as O I's Tax Provision, to determine how well the company is positioned to perform in the future. Although O I investors may use each financial statement separately, they are all related. The changes in O I's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on O I'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 O I Financial Statements. Understanding these patterns can help to make the right decision on long term investment in O I. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Tax Provision141 M134 M

O I Investors Sentiment

The influence of O I's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in O I. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to O I's public news can be used to forecast risks associated with an investment in O I. The trend in average sentiment can be used to explain how an investor holding O I can time the market purely based on public headlines and social activities around O I Glass. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
O I's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for O I's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average O I's news discussions. The higher the estimated score, the more favorable is the investor's outlook on O I.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards O I in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, O I's short interest history, or implied volatility extrapolated from O I options trading.

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When determining whether O I Glass offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of O I'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 O I Glass Stock. Outlined below are crucial reports that will aid in making a well-informed decision on O I Glass Stock:
Check out the analysis of O I Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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When running O I's price analysis, check to measure O I'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 O I is operating at the current time. Most of O I's value examination focuses on studying past and present price action to predict the probability of O I's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move O I's price. Additionally, you may evaluate how the addition of O I to your portfolios can decrease your overall portfolio volatility.
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Is O I'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 O I. If investors know O I 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 O I 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
(0.65)
Earnings Share
(1.54)
Revenue Per Share
44.434
Quarterly Revenue Growth
(0.13)
Return On Assets
0.047
The market value of O I Glass is measured differently than its book value, which is the value of O I that is recorded on the company's balance sheet. Investors also form their own opinion of O I's value that differs from its market value or its book value, called intrinsic value, which is O I'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 O I's market value can be influenced by many factors that don't directly affect O I'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 O I's value and its price as these two are different measures arrived at by different means. Investors typically determine if O I is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, O I'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.