Owens Short Term Investments vs Total Stockholder Equity Analysis

OC Stock

USD 168.50 3.46 2.10%

Owens Corning financial indicator trend analysis is much more than just breaking down Owens Corning prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Owens Corning is a good investment. Please check the relationship between Owens Corning Short Term Investments and its Total Stockholder Equity accounts. 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.

Short Term Investments vs Total Stockholder Equity

Short Term Investments vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Owens Corning Short Term Investments account and Total Stockholder Equity. At this time, the significance of the direction appears to have pay attention.

The correlation between Owens Corning's Short Term Investments and Total Stockholder Equity is -0.92. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Owens Corning, assuming nothing else is changed. The correlation between historical values of Owens Corning's Short Term Investments and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Owens Corning are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Investments i.e., Owens Corning's Short Term Investments and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.92

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Owens Corning balance sheet. It contains any investments Owens Corning undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Owens Corning can easily liquidate in the marketplace.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

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.At present, Owens Corning's Enterprise Value is projected to increase significantly based on the last few years of reporting.

	2021	2022	2023	2024 (projected)
Gross Profit	2.2B	2.6B	2.7B	2.8B
Total Revenue	8.5B	9.8B	9.7B	5.5B

Gross Profit Total Revenue

Owens Corning fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Good Will	Common Stock	Other Liab
Total Assets		0.82	0.05	0.8	0.85	0.98	0.47	0.67	0.42	0.96	0.15	0.42	0.91	0.53	0.78	0.95	-0.05	0.18	0.82	0.63	0.01	0.74	0.95	0.75	-0.8	-0.8
Short Long Term Debt Total	0.82		0.04	0.77	0.48	0.85	0.66	0.55	0.39	0.74	-0.2	0.39	0.86	0.1	0.73	0.83	-0.3	-0.13	0.8	0.52	-0.03	0.84	0.89	0.57	-0.37	-0.36
Other Current Liab	0.05	0.04		0.26	0.04	-0.02	-0.17	0.22	0.28	-0.06	0.23	0.28	0.16	-0.16	0.16	0.24	0.09	-0.28	0.23	0.33	-0.08	0.38	0.0	-0.16	0.02	0.03
Total Current Liabilities	0.8	0.77	0.26		0.63	0.74	0.08	0.84	0.78	0.62	0.25	0.78	0.9	-0.01	0.67	0.83	-0.22	-0.39	0.85	0.84	0.4	0.95	0.69	0.37	-0.42	-0.42
Total Stockholder Equity	0.85	0.48	0.04	0.63		0.79	0.22	0.77	0.51	0.86	0.58	0.51	0.67	0.61	0.81	0.75	0.04	0.21	0.77	0.72	0.25	0.49	0.76	0.71	-0.92	-0.92
Property Plant And Equipment Net	0.98	0.85	-0.02	0.74	0.79		0.56	0.58	0.33	0.97	0.02	0.33	0.91	0.55	0.76	0.91	-0.1	0.25	0.77	0.54	-0.1	0.7	0.98	0.75	-0.78	-0.77
Net Debt	0.47	0.66	-0.17	0.08	0.22	0.56		-0.02	-0.32	0.59	-0.49	-0.32	0.34	0.34	0.45	0.45	-0.21	0.38	0.32	-0.12	-0.52	0.21	0.69	0.69	-0.28	-0.28
Retained Earnings	0.67	0.55	0.22	0.84	0.77	0.58	-0.02		0.9	0.54	0.63	0.9	0.67	-0.04	0.81	0.63	-0.26	-0.46	0.91	0.96	0.65	0.76	0.57	0.38	-0.47	-0.48
Cash	0.42	0.39	0.28	0.78	0.51	0.33	-0.32	0.9		0.22	0.65	1.0	0.54	-0.3	0.63	0.41	-0.19	-0.68	0.78	0.95	0.77	0.7	0.3	-0.03	-0.2	-0.21
Non Current Assets Total	0.96	0.74	-0.06	0.62	0.86	0.97	0.59	0.54	0.22		0.1	0.22	0.79	0.69	0.75	0.88	-0.05	0.4	0.71	0.47	-0.13	0.56	0.95	0.87	-0.87	-0.87
Non Currrent Assets Other	0.15	-0.2	0.23	0.25	0.58	0.02	-0.49	0.63	0.65	0.1		0.65	0.04	0.1	0.42	0.09	0.16	-0.22	0.4	0.66	0.67	0.08	-0.01	0.01	-0.41	-0.42
Cash And Short Term Investments	0.42	0.39	0.28	0.78	0.51	0.33	-0.32	0.9	1.0	0.22	0.65		0.54	-0.3	0.63	0.41	-0.19	-0.68	0.78	0.95	0.77	0.7	0.3	-0.03	-0.2	-0.21
Net Receivables	0.91	0.86	0.16	0.9	0.67	0.91	0.34	0.67	0.54	0.79	0.04	0.54		0.27	0.69	0.87	-0.17	-0.06	0.81	0.68	0.07	0.88	0.87	0.5	-0.58	-0.58
Common Stock Shares Outstanding	0.53	0.1	-0.16	-0.01	0.61	0.55	0.34	-0.04	-0.3	0.69	0.1	-0.3	0.27		0.24	0.41	0.37	0.9	0.09	-0.06	-0.45	-0.13	0.5	0.61	-0.86	-0.86
Non Current Liabilities Total	0.78	0.73	0.16	0.67	0.81	0.76	0.45	0.81	0.63	0.75	0.42	0.63	0.69	0.24		0.73	-0.17	-0.12	0.95	0.79	0.24	0.67	0.82	0.57	-0.63	-0.63
Inventory	0.95	0.83	0.24	0.83	0.75	0.91	0.45	0.63	0.41	0.88	0.09	0.41	0.87	0.41	0.73		0.02	0.09	0.79	0.63	-0.04	0.8	0.89	0.7	-0.68	-0.68
Other Current Assets	-0.05	-0.3	0.09	-0.22	0.04	-0.1	-0.21	-0.26	-0.19	-0.05	0.16	-0.19	-0.17	0.37	-0.17	0.02		0.39	-0.23	-0.09	-0.22	-0.32	-0.18	-0.15	-0.21	-0.21
Other Stockholder Equity	0.18	-0.13	-0.28	-0.39	0.21	0.25	0.38	-0.46	-0.68	0.4	-0.22	-0.68	-0.06	0.9	-0.12	0.09	0.39		-0.3	-0.48	-0.69	-0.45	0.22	0.42	-0.55	-0.55
Total Liab	0.82	0.8	0.23	0.85	0.77	0.77	0.32	0.91	0.78	0.71	0.4	0.78	0.81	0.09	0.95	0.79	-0.23	-0.3		0.9	0.37	0.84	0.81	0.5	-0.55	-0.55
Total Current Assets	0.63	0.52	0.33	0.84	0.72	0.54	-0.12	0.96	0.95	0.47	0.66	0.95	0.68	-0.06	0.79	0.63	-0.09	-0.48	0.9		0.63	0.77	0.52	0.21	-0.45	-0.45
Short Term Debt	0.01	-0.03	-0.08	0.4	0.25	-0.1	-0.52	0.65	0.77	-0.13	0.67	0.77	0.07	-0.45	0.24	-0.04	-0.22	-0.69	0.37	0.63		0.24	-0.13	-0.17	0.07	0.06
Accounts Payable	0.74	0.84	0.38	0.95	0.49	0.7	0.21	0.76	0.7	0.56	0.08	0.7	0.88	-0.13	0.67	0.8	-0.32	-0.45	0.84	0.77	0.24		0.7	0.34	-0.28	-0.28
Intangible Assets	0.95	0.89	0.0	0.69	0.76	0.98	0.69	0.57	0.3	0.95	-0.01	0.3	0.87	0.5	0.82	0.89	-0.18	0.22	0.81	0.52	-0.13	0.7		0.78	-0.73	-0.72
Good Will	0.75	0.57	-0.16	0.37	0.71	0.75	0.69	0.38	-0.03	0.87	0.01	-0.03	0.5	0.61	0.57	0.7	-0.15	0.42	0.5	0.21	-0.17	0.34	0.78		-0.71	-0.71
Common Stock	-0.8	-0.37	0.02	-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	-0.45	0.07	-0.28	-0.73	-0.71		1.0
Other Liab	-0.8	-0.36	0.03	-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	-0.45	0.06	-0.28	-0.72	-0.71	1.0

Click cells to compare fundamentals

Owens Corning Account Relationship Matchups

Owens Corning fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.0B	9.5B	10.0B	10.8B	11.2B	7.1B
Short Long Term Debt Total	3.1B	3.2B	3.1B	3.2B	3.3B	1.9B
Other Current Liab	276M	313M	553M	691M	300M	486.4M
Total Current Liabilities	1.3B	1.4B	1.7B	2.1B	2.3B	1.3B
Total Stockholder Equity	4.6B	3.9B	4.3B	4.6B	5.2B	5.4B
Property Plant And Equipment Net	4.1B	4.0B	4.0B	3.9B	4.1B	2.5B
Net Debt	3.0B	2.5B	2.2B	2.1B	1.7B	1.5B
Retained Earnings	2.3B	1.8B	2.7B	3.8B	4.8B	5.0B
Cash	172M	717M	959M	1.1B	1.6B	1.7B
Non Current Assets Total	7.9B	6.9B	6.9B	7.2B	7.3B	5.2B
Non Currrent Assets Other	136M	173M	203M	235M	284M	489.8M
Cash And Short Term Investments	172M	717M	959M	1.1B	1.6B	1.7B
Net Receivables	770M	919M	939M	961M	987M	629.4M
Common Stock Shares Outstanding	110.1M	108.6M	104.3M	97.7M	91M	89.1M
Liabilities And Stockholders Equity	10.0B	9.5B	10.0B	10.8B	11.2B	7.1B
Non Current Liabilities Total	4.0B	4.1B	4.0B	4.0B	3.7B	4.5B
Inventory	1.0B	855M	1.1B	1.3B	1.2B	656.4M
Other Current Assets	86M	115M	121M	117M	105.3M	111.8M
Other Stockholder Equity	2.9B	2.7B	2.2B	1.5B	874M	830.3M
Total Liab	5.3B	5.5B	5.7B	6.1B	6.0B	6.0B
Total Current Assets	2.1B	2.6B	3.1B	3.6B	3.9B	4.1B
Short Term Debt	66M	55M	49M	52M	493M	517.7M
Accounts Payable	815M	875M	1.1B	1.3B	1.2B	719.5M
Intangible Assets	1.7B	1.7B	1.6B	1.6B	1.5B	984.4M
Good Will	1.9B	989M	990M	1.4B	1.4B	1.0B
Accumulated Other Comprehensive Income	(610M)	(588M)	(581M)	(681M)	(503M)	(477.9M)
Other Liab	882M	875M	914M	883M	794.7M	755.0M
Other Assets	162M	410M	280M	124M	111.6M	106.0M
Long Term Debt	3.0B	3.1B	3.0B	2.9B	2.6B	2.0B
Property Plant Equipment	3.9B	3.8B	3.9B	3.7B	4.3B	3.1B
Property Plant And Equipment Gross	4.1B	4.0B	3.9B	3.7B	7.7B	8.1B
Treasury Stock	(1.1B)	(1.4B)	(1.9B)	(2.7B)	(2.4B)	(2.3B)
Net Tangible Assets	3.0B	2.3B	2.8B	3.0B	3.4B	2.0B
Retained Earnings Total Equity	2.3B	1.8B	2.7B	3.8B	4.4B	4.6B

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:

How To Invest In Owens

Details

Is Owens Stock a good investment?

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What is Owens Corning's Net Worth?

Details

Largest Building Products Companies

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Largest Building Products & Equipment Companies

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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Owens Stock analysis

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

(0.18)

Dividend Share

2.24

Earnings Share

12.37

Revenue Per Share

108.26

Quarterly Revenue Growth

(0.01)

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.

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Owens Short Term Investments vs Total Stockholder Equity Analysis

Short Term Investments vs Total Stockholder Equity

Short Term Investments vs Total Stockholder Equity Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Stockholder Equity

Owens Corning fundamental ratios Correlations

Owens Corning Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Owens Corning fundamental ratios Accounts

Owens Corning Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Owens Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Other Liab	+ 1.0	Common Stock
Property Plant And Equipment Net	+ 0.98	Total Assets
Intangible Assets	+ 0.98	Property Plant And Equipment Net
Non Current Assets Total	+ 0.97	Property Plant And Equipment Net
Non Current Assets Total	+ 0.96	Total Assets

Other Liab	- 0.92	Total Stockholder Equity
Common Stock	- 0.92	Total Stockholder Equity
Other Liab	- 0.87	Non Current Assets Total
Common Stock	- 0.87	Non Current Assets Total
Other Liab	- 0.86	Common Stock Shares Outstanding
Common Stock	- 0.86	Common Stock Shares Outstanding