O I Accumulated Depreciation vs Capital Surpluse Analysis

OI Stock  USD 12.58  2.38  15.91%   
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 Accumulated Depreciation and its Capital Surpluse 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.

Accumulated Depreciation vs Capital Surpluse

Accumulated Depreciation vs Capital Surpluse Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of O I Glass Accumulated Depreciation account and Capital Surpluse. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between O I's Accumulated Depreciation and Capital Surpluse is -0.01. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Capital Surpluse 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 Accumulated Depreciation and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of O I Glass are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Accumulated Depreciation i.e., O I's Accumulated Depreciation and Capital Surpluse go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for O I Glass fixed asset that has been charged to O I expense since that asset was acquired and made available for O I use. The accumulated depreciation account is O I Glass asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by O I Glass.

Capital Surpluse

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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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
(0.67)
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.