O I Cash And Short Term Investments vs Net Receivables 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 Cash And Short Term Investments and its Net Receivables 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.
Cash And Short Term Investments vs Net Receivables
Cash And Short Term Investments vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of O I Glass Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have almost no relationship.
The correlation between O I's Cash And Short Term Investments and Net Receivables is 0.17. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables 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 Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of O I Glass are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., O I's Cash And Short Term Investments and Net Receivables go up and down completely randomly.
Correlation Coefficient | 0.17 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of O I Glass balance sheet. This account contains O I investments that will expire within one year. These investments include stocks and bonds that can be liquidated by O I Glass fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Net Receivables
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 Profit | 1.1B | 1.2B | 1.5B | 1.4B | Total Revenue | 6.4B | 6.9B | 7.1B | 6.6B |
O I fundamental ratios Correlations
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O I Account Relationship Matchups
High Positive Relationship
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O I fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 9.6B | 8.9B | 8.8B | 9.1B | 9.7B | 9.4B | |
Short Long Term Debt Total | 5.6B | 5.1B | 4.8B | 4.7B | 5.2B | 4.9B | |
Other Current Liab | 595M | 575M | 564M | 657M | 527M | 608.3M | |
Total Current Liabilities | 2.0B | 1.9B | 1.8B | 2.4B | 2.3B | 1.9B | |
Total Stockholder Equity | 564M | 401M | 827M | 1.5B | 1.6B | 891.9M | |
Property Plant And Equipment Net | 3.3B | 2.9B | 2.8B | 3.0B | 3.8B | 3.1B | |
Net Debt | 5.0B | 4.6B | 4.1B | 3.9B | 4.3B | 4.5B | |
Retained Earnings | (89M) | 152M | 301M | 885M | 782M | 821.1M | |
Accounts Payable | 1.3B | 1.1B | 1.2B | 1.4B | 1.4B | 902.4M | |
Cash | 551M | 563M | 725M | 773M | 913M | 958.7M | |
Non Current Assets Total | 7.1B | 6.6B | 6.3B | 6.5B | 6.8B | 7.1B | |
Non Currrent Assets Other | 672M | 551M | 575M | 609M | 391M | 371.5M | |
Cash And Short Term Investments | 551M | 563M | 725M | 773M | 913M | 958.7M | |
Net Receivables | 621M | 623M | 692M | 760M | 671M | 819.3M | |
Common Stock Shares Outstanding | 155.3M | 158.8M | 160.3M | 159.0M | 154.7M | 167.1M | |
Liabilities And Stockholders Equity | 9.6B | 8.9B | 8.8B | 9.1B | 9.7B | 9.4B | |
Non Current Liabilities Total | 7.1B | 6.6B | 6.2B | 5.2B | 5.6B | 6.2B | |
Inventory | 1.0B | 841M | 816M | 848M | 1.1B | 958.9M | |
Other Current Assets | 278M | 271M | 270M | 237M | 222M | 163.7M | |
Other Stockholder Equity | 2.5B | 2.5B | 2.5B | 2.5B | 2.4B | 2.6B | |
Total Liab | 9.0B | 8.5B | 8.0B | 7.5B | 7.9B | 8.1B | |
Property Plant And Equipment Gross | 3.5B | 3.0B | 6.9B | 7.1B | 8.3B | 8.7B | |
Total Current Assets | 2.5B | 2.3B | 2.5B | 2.6B | 2.9B | 2.4B | |
Accumulated Other Comprehensive Income | (1.8B) | (2.3B) | (2.0B) | (1.9B) | (1.6B) | (1.7B) | |
Short Term Debt | 124M | 197M | 72M | 345M | 292M | 284.5M | |
Intangible Assets | 371M | 325M | 286M | 262M | 296M | 281.2M | |
Good Will | 1.9B | 2.0B | 1.8B | 1.8B | 1.5B | 1.8B | |
Other Liab | 1.5B | 1.6B | 1.4B | 616M | 708.4M | 673.0M | |
Other Assets | 573M | 1.4B | 1.4B | 1.4B | 1.3B | 862.7M | |
Long Term Debt | 5.4B | 4.9B | 4.8B | 4.4B | 4.7B | 3.6B | |
Treasury Stock | (705M) | (733M) | (714M) | (701M) | (630.9M) | (662.4M) | |
Property Plant Equipment | 3.3B | 2.9B | 2.8B | 3.0B | 2.7B | 2.4B | |
Net Tangible Assets | (1.8B) | (1.5B) | (1.3B) | (658M) | (592.2M) | (621.8M) | |
Noncontrolling Interest In Consolidated Entity | 97M | 104M | 107M | 111M | 99.9M | 100.6M | |
Retained Earnings Total Equity | (89M) | 152M | 301M | 885M | 1.0B | 1.1B | |
Long Term Debt Total | 5.4B | 4.9B | 4.8B | 4.4B | 5.0B | 4.8B |
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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.