Owens Net Cash Flow Business Acquisitions and Disposals vs Net Cash Flow from Financing Analysis

OC Stock  USD 167.21  3.06  1.86%   
Trend analysis of Owens Corning balance sheet accounts such as Total Current Liabilities of 1.3 B, Total Stockholder Equity of 5.4 B or Property Plant And Equipment Net of 2.5 B provides information on Owens Corning's total assets, liabilities, and equity, which is the actual value of Owens Corning to its prevalent stockholders. By breaking down trends over time using Owens Corning balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

About Owens Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Owens Corning at a specified time, usually calculated after every quarter, six months, or one year. Owens Corning Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Owens Corning and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Owens currently owns. An asset can also be divided into two categories, current and non-current.

Owens Corning Balance Sheet Chart

Owens Corning Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Owens Corning uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Owens Corning's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 5 B, whereas Total Assets are forecasted to decline to about 7.1 B.

Total Assets

Total assets refers to the total amount of Owens Corning assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Owens Corning books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Owens Corning balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Owens Corning are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Owens Corning's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Owens Corning 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 Owens Corning. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.As of March 28, 2024, Selling General Administrative is expected to decline to about 642.6 M. In addition to that, Tax Provision is expected to decline to about 260.8 M
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.6B2.7B2.8B
Total Revenue8.5B9.8B9.7B5.5B

Owens Corning fundamental ratios Correlations

0.820.050.80.850.980.470.670.420.960.170.420.910.530.780.95-0.050.180.820.630.010.740.950.75-0.8-0.8
0.820.040.770.480.850.660.550.390.74-0.170.390.860.10.730.83-0.3-0.130.80.52-0.030.840.890.57-0.37-0.36
0.050.040.260.04-0.02-0.170.220.28-0.060.190.280.16-0.160.160.240.09-0.280.230.33-0.080.380.0-0.160.020.03
0.80.770.260.630.740.080.840.780.620.290.780.9-0.010.670.83-0.22-0.390.850.840.40.950.690.37-0.42-0.42
0.850.480.040.630.790.220.770.510.860.590.510.670.610.810.750.040.210.770.720.250.490.760.71-0.92-0.92
0.980.85-0.020.740.790.560.580.330.970.040.330.910.550.760.91-0.10.250.770.54-0.10.70.980.75-0.78-0.77
0.470.66-0.170.080.220.56-0.02-0.320.59-0.5-0.320.340.340.450.45-0.210.380.32-0.12-0.520.210.690.69-0.28-0.28
0.670.550.220.840.770.58-0.020.90.540.660.90.67-0.040.810.63-0.26-0.460.910.960.650.760.570.38-0.47-0.48
0.420.390.280.780.510.33-0.320.90.220.691.00.54-0.30.630.41-0.19-0.680.780.950.770.70.3-0.03-0.2-0.21
0.960.74-0.060.620.860.970.590.540.220.120.220.790.690.750.88-0.050.40.710.47-0.130.560.950.87-0.87-0.87
0.17-0.170.190.290.590.04-0.50.660.690.120.690.070.080.420.120.15-0.250.420.690.710.120.00.02-0.41-0.42
0.420.390.280.780.510.33-0.320.91.00.220.690.54-0.30.630.41-0.19-0.680.780.950.770.70.3-0.03-0.2-0.21
0.910.860.160.90.670.910.340.670.540.790.070.540.270.690.87-0.17-0.060.810.680.070.880.870.5-0.58-0.58
0.530.1-0.16-0.010.610.550.34-0.04-0.30.690.08-0.30.270.240.410.370.90.09-0.06-0.45-0.130.50.61-0.86-0.86
0.780.730.160.670.810.760.450.810.630.750.420.630.690.240.73-0.17-0.120.950.790.240.670.820.57-0.63-0.63
0.950.830.240.830.750.910.450.630.410.880.120.410.870.410.730.020.090.790.63-0.040.80.890.7-0.68-0.68
-0.05-0.30.09-0.220.04-0.1-0.21-0.26-0.19-0.050.15-0.19-0.170.37-0.170.020.39-0.23-0.09-0.22-0.32-0.18-0.15-0.21-0.21
0.18-0.13-0.28-0.390.210.250.38-0.46-0.680.4-0.25-0.68-0.060.9-0.120.090.39-0.3-0.48-0.69-0.450.220.42-0.55-0.55
0.820.80.230.850.770.770.320.910.780.710.420.780.810.090.950.79-0.23-0.30.90.370.840.810.5-0.55-0.55
0.630.520.330.840.720.54-0.120.960.950.470.690.950.68-0.060.790.63-0.09-0.480.90.630.770.520.21-0.45-0.45
0.01-0.03-0.080.40.25-0.1-0.520.650.77-0.130.710.770.07-0.450.24-0.04-0.22-0.690.370.630.24-0.13-0.170.070.06
0.740.840.380.950.490.70.210.760.70.560.120.70.88-0.130.670.8-0.32-0.450.840.770.240.70.34-0.28-0.28
0.950.890.00.690.760.980.690.570.30.950.00.30.870.50.820.89-0.180.220.810.52-0.130.70.78-0.73-0.72
0.750.57-0.160.370.710.750.690.38-0.030.870.02-0.030.50.610.570.7-0.150.420.50.21-0.170.340.78-0.71-0.71
-0.8-0.370.02-0.42-0.92-0.78-0.28-0.47-0.2-0.87-0.41-0.2-0.58-0.86-0.63-0.68-0.21-0.55-0.55-0.450.07-0.28-0.73-0.711.0
-0.8-0.360.03-0.42-0.92-0.77-0.28-0.48-0.21-0.87-0.42-0.21-0.58-0.86-0.63-0.68-0.21-0.55-0.55-0.450.06-0.28-0.72-0.711.0
Click cells to compare fundamentals

Owens Corning Account Relationship Matchups

Owens Corning fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.0B9.5B10.0B10.8B11.2B7.1B
Short Long Term Debt Total3.1B3.2B3.1B3.2B3.3B1.9B
Other Current Liab276M313M553M691M300M486.4M
Total Current Liabilities1.3B1.4B1.7B2.1B2.3B1.3B
Total Stockholder Equity4.6B3.9B4.3B4.6B5.2B5.4B
Property Plant And Equipment Net4.1B4.0B4.0B3.9B4.1B2.5B
Net Debt3.0B2.5B2.2B2.1B1.7B1.5B
Retained Earnings2.3B1.8B2.7B3.8B4.8B5.0B
Cash172M717M959M1.1B1.6B1.7B
Non Current Assets Total7.9B6.9B6.9B7.2B7.3B5.2B
Non Currrent Assets Other136M173M203M235M313M490.5M
Cash And Short Term Investments172M717M959M1.1B1.6B1.7B
Net Receivables770M919M939M961M987M629.4M
Common Stock Shares Outstanding110.1M108.6M104.3M97.7M91M89.1M
Liabilities And Stockholders Equity10.0B9.5B10.0B10.8B11.2B7.1B
Non Current Liabilities Total4.0B4.1B4.0B4.0B3.7B4.5B
Inventory1.0B855M1.1B1.3B1.2B656.4M
Other Current Assets86M115M121M117M105.3M111.8M
Other Stockholder Equity2.9B2.7B2.2B1.5B874M830.3M
Total Liab5.3B5.5B5.7B6.1B6.0B6.0B
Total Current Assets2.1B2.6B3.1B3.6B3.9B4.1B
Short Term Debt66M55M49M52M493M517.7M
Accounts Payable815M875M1.1B1.3B1.2B719.5M
Intangible Assets1.7B1.7B1.6B1.6B1.5B984.4M
Good Will1.9B989M990M1.4B1.4B1.0B
Accumulated Other Comprehensive Income(610M)(588M)(581M)(681M)(503M)(477.9M)
Other Liab882M875M914M883M794.7M755.0M
Other Assets162M410M280M124M111.6M106.0M
Long Term Debt3.0B3.1B3.0B2.9B2.6B2.0B
Property Plant Equipment3.9B3.8B3.9B3.7B4.3B3.1B
Property Plant And Equipment Gross4.1B4.0B3.9B3.7B7.7B8.1B
Treasury Stock(1.1B)(1.4B)(1.9B)(2.7B)(2.4B)(2.3B)
Net Tangible Assets3.0B2.3B2.8B3.0B3.4B2.0B
Retained Earnings Total Equity2.3B1.8B2.7B3.8B4.4B4.6B

Owens Corning Investors Sentiment

The influence of Owens Corning'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 Owens. 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 Owens Corning's public news can be used to forecast risks associated with an investment in Owens. The trend in average sentiment can be used to explain how an investor holding Owens can time the market purely based on public headlines and social activities around Owens Corning. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Owens Corning'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 Owens Corning'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 Owens Corning's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Owens Corning.
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 Owens Corning 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, Owens Corning's short interest history, or implied volatility extrapolated from Owens Corning options trading.

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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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in Owens Corning. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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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
0.114
Dividend Share
2.16
Earnings Share
13.13
Revenue Per Share
107.403
Quarterly Revenue Growth
0.008
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.