Owens Interest Expense from 2010 to 2024

OC Stock  USD 202.77  5.19  2.63%   
Owens Corning's Interest Expense is increasing over the years with stable fluctuation. Overall, Interest Expense is expected to go to about 78.8 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
64 M
Current Value
70 M
Quarterly Volatility
91.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Owens Corning financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Owens Corning's main balance sheet or income statement drivers, such as Depreciation And Amortization of 524 M, Interest Expense of 78.8 M or Total Revenue of 5.5 B, as well as many indicators such as Price To Sales Ratio of 1.45, Dividend Yield of 0.0096 or PTB Ratio of 2.71. Owens financial statements analysis is a perfect complement when working with Owens Corning Valuation or Volatility modules.
  
Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.

Latest Owens Corning's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Owens Corning over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Owens Corning's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Owens Corning's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Pretty Stable
   Interest Expense   
       Timeline  

Owens Interest Expense Regression Statistics

Arithmetic Mean102,189,550
Geometric Mean0.00
Coefficient Of Variation31.70
Mean Deviation20,521,994
Median109,000,000
Standard Deviation32,398,960
Sample Variance1049.7T
Range132M
R-Value0.25
Mean Square Error1057.3T
R-Squared0.06
Significance0.36
Slope1,842,510
Total Sum of Squares14695.7T

Owens Interest Expense History

202478.8 M
202376 M
2022109 M
2021126 M
2020132 M
2019131 M
2018117 M

About Owens Corning Financial Statements

Owens Corning stakeholders use historical fundamental indicators, such as Owens Corning's Interest Expense, to determine how well the company is positioned to perform in the future. Although Owens Corning investors may analyze each financial statement separately, they are all interrelated. For example, changes in Owens Corning's assets and liabilities are reflected in the revenues and expenses on Owens Corning's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Owens Corning. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Expense76 M78.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Owens Corning Correlation against competitors.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Building Products space 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
(0.02)
Dividend Share
2.4
Earnings Share
11.78
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
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.