O I Accounts Payable vs Non Currrent Assets Other Analysis

OI Stock  USD 12.93  0.22  1.67%   
O I financial indicator trend analysis is much more than just breaking down O I Glass prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether O I Glass is a good investment. Please check the relationship between O I Accounts Payable and its Non Currrent Assets Other accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Accounts Payable vs Non Currrent Assets Other

Accounts Payable vs Non Currrent Assets Other Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of O I Glass Accounts Payable account and Non Currrent Assets Other. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between O I's Accounts Payable and Non Currrent Assets Other is -0.6. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of O I Glass, assuming nothing else is changed. The correlation between historical values of O I's Accounts Payable and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of O I Glass are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Accounts Payable i.e., O I's Accounts Payable and Non Currrent Assets Other go up and down completely randomly.

Correlation Coefficient

-0.6
Relationship DirectionNegative 
Relationship StrengthWeak

Accounts Payable

An accounting item on the balance sheet that represents O I obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of O I Glass are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most indicators from O I's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into O I Glass current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
The O I's current Discontinued Operations is estimated to increase to about 14.4 M, while Selling General Administrative is projected to decrease to under 380.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.5B1.4B
Total Revenue6.4B6.9B7.1B6.6B

O I fundamental ratios Correlations

0.80.50.820.230.940.720.530.890.640.97-0.790.640.290.810.820.750.730.820.940.420.850.12-0.270.920.66
0.80.110.39-0.180.780.980.430.660.50.89-0.510.5-0.250.370.930.30.920.390.90.350.42-0.35-0.190.560.53
0.50.110.680.210.290.12-0.030.48-0.060.45-0.43-0.060.440.750.280.750.120.660.44-0.260.50.27-0.290.610.81
0.820.390.680.570.760.270.430.890.470.7-0.740.470.540.870.410.860.40.850.650.240.920.53-0.260.910.6
0.23-0.180.210.570.34-0.340.590.460.470.07-0.210.470.420.31-0.330.39-0.130.29-0.10.490.540.47-0.290.33-0.16
0.940.780.290.760.340.670.60.870.730.89-0.740.730.230.640.730.690.680.670.840.550.840.1-0.260.820.41
0.720.980.120.27-0.340.670.30.520.360.85-0.460.36-0.30.310.940.250.890.320.860.220.28-0.4-0.110.460.58
0.530.43-0.030.430.590.60.30.540.910.5-0.340.910.00.350.230.170.390.360.330.880.470.01-0.530.46-0.06
0.890.660.480.890.460.870.520.540.570.81-0.60.570.210.720.610.710.680.720.780.350.860.14-0.390.870.56
0.640.5-0.060.470.470.730.360.910.570.58-0.511.00.170.470.380.290.380.520.470.930.620.09-0.420.6-0.06
0.970.890.450.70.070.890.850.50.810.58-0.730.580.110.720.90.640.80.710.970.370.69-0.05-0.260.830.7
-0.79-0.51-0.43-0.74-0.21-0.74-0.46-0.34-0.6-0.51-0.73-0.51-0.53-0.78-0.58-0.68-0.39-0.76-0.71-0.35-0.75-0.48-0.13-0.78-0.56
0.640.5-0.060.470.470.730.360.910.571.00.58-0.510.170.470.380.290.380.520.470.930.620.09-0.420.6-0.06
0.29-0.250.440.540.420.23-0.30.00.210.170.11-0.530.170.6-0.060.55-0.280.640.120.120.630.770.250.50.14
0.810.370.750.870.310.640.310.350.720.470.72-0.780.470.60.520.830.340.980.70.220.830.44-0.30.950.69
0.820.930.280.41-0.330.730.940.230.610.380.9-0.580.38-0.060.520.420.840.530.960.190.47-0.28-0.120.650.67
0.750.30.750.860.390.690.250.170.710.290.64-0.680.290.550.830.420.270.810.620.060.820.43-0.270.820.61
0.730.920.120.4-0.130.680.890.390.680.380.8-0.390.38-0.280.340.840.270.350.820.250.41-0.35-0.240.540.53
0.820.390.660.850.290.670.320.360.720.520.71-0.760.520.640.980.530.810.350.710.270.860.46-0.280.960.61
0.940.90.440.65-0.10.840.860.330.780.470.97-0.710.470.120.70.960.620.820.710.230.68-0.07-0.180.820.74
0.420.35-0.260.240.490.550.220.880.350.930.37-0.350.930.120.220.190.060.250.270.230.440.0-0.290.34-0.28
0.850.420.50.920.540.840.280.470.860.620.69-0.750.620.630.830.470.820.410.860.680.440.45-0.230.920.42
0.12-0.350.270.530.470.1-0.40.010.140.09-0.05-0.480.090.770.44-0.280.43-0.350.46-0.070.00.450.320.340.04
-0.27-0.19-0.29-0.26-0.29-0.26-0.11-0.53-0.39-0.42-0.26-0.13-0.420.25-0.3-0.12-0.27-0.24-0.28-0.18-0.29-0.230.32-0.34-0.09
0.920.560.610.910.330.820.460.460.870.60.83-0.780.60.50.950.650.820.540.960.820.340.920.34-0.340.63
0.660.530.810.6-0.160.410.58-0.060.56-0.060.7-0.56-0.060.140.690.670.610.530.610.74-0.280.420.04-0.090.63
Click cells to compare fundamentals

O I Account Relationship Matchups

O I fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6B8.9B8.8B9.1B9.7B9.4B
Short Long Term Debt Total5.6B5.1B4.8B4.7B5.2B4.9B
Other Current Liab595M575M564M657M527M608.3M
Total Current Liabilities2.0B1.9B1.8B2.4B2.3B1.9B
Total Stockholder Equity564M401M827M1.5B1.6B891.9M
Property Plant And Equipment Net3.3B2.9B2.8B3.0B3.8B3.1B
Net Debt5.0B4.6B4.1B3.9B4.3B4.5B
Retained Earnings(89M)152M301M885M782M821.1M
Accounts Payable1.3B1.1B1.2B1.4B1.4B902.4M
Cash551M563M725M773M913M958.7M
Non Current Assets Total7.1B6.6B6.3B6.5B6.8B7.1B
Non Currrent Assets Other672M551M575M609M391M371.5M
Cash And Short Term Investments551M563M725M773M913M958.7M
Net Receivables621M623M692M760M671M819.3M
Common Stock Shares Outstanding155.3M158.8M160.3M159.0M154.7M167.1M
Liabilities And Stockholders Equity9.6B8.9B8.8B9.1B9.7B9.4B
Non Current Liabilities Total7.1B6.6B6.2B5.2B5.6B6.2B
Inventory1.0B841M816M848M1.1B958.9M
Other Current Assets278M271M270M237M222M163.7M
Other Stockholder Equity2.5B2.5B2.5B2.5B2.4B2.6B
Total Liab9.0B8.5B8.0B7.5B7.9B8.1B
Property Plant And Equipment Gross3.5B3.0B6.9B7.1B8.3B8.7B
Total Current Assets2.5B2.3B2.5B2.6B2.9B2.4B
Accumulated Other Comprehensive Income(1.8B)(2.3B)(2.0B)(1.9B)(1.6B)(1.7B)
Short Term Debt124M197M72M345M292M284.5M
Intangible Assets371M325M286M262M296M281.2M
Good Will1.9B2.0B1.8B1.8B1.5B1.8B
Other Liab1.5B1.6B1.4B616M708.4M673.0M
Other Assets573M1.4B1.4B1.4B1.3B862.7M
Long Term Debt5.4B4.9B4.8B4.4B4.7B3.6B
Treasury Stock(705M)(733M)(714M)(701M)(630.9M)(662.4M)
Property Plant Equipment3.3B2.9B2.8B3.0B2.7B2.4B
Net Tangible Assets(1.8B)(1.5B)(1.3B)(658M)(592.2M)(621.8M)
Noncontrolling Interest In Consolidated Entity97M104M107M111M99.9M100.6M
Retained Earnings Total Equity(89M)152M301M885M1.0B1.1B
Long Term Debt Total5.4B4.9B4.8B4.4B5.0B4.8B

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for O I Stock analysis

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
(1.51)
Revenue Per Share
44.434
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0473
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.