O I Income Tax Expense from 2010 to 2024

OI Stock  USD 12.93  0.08  0.62%   
O I's Income Tax Expense is decreasing with slightly volatile movements from year to year. Income Tax Expense is estimated to finish at about -144.4 M this year. For the period between 2010 and 2024, O I, Income Tax Expense quarterly trend regression had mean deviation of  62,283,556 and range of 330 M. View All Fundamentals
 
Income Tax Expense  
First Reported
1992-03-31
Previous Quarter
42 M
Current Value
19 M
Quarterly Volatility
52.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check O I financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among O I's main balance sheet or income statement drivers, such as Depreciation And Amortization of 461.9 M, Interest Expense of 176.8 M or Total Revenue of 6.6 B, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0047 or PTB Ratio of 2.72. O I financial statements analysis is a perfect complement when working with O I Valuation or Volatility modules.
  
Check out the analysis of O I Correlation against competitors.

Latest O I's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of O I Glass over the last few years. It is O I's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in O I's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

O I Income Tax Expense Regression Statistics

Arithmetic Mean74,806,667
Geometric Mean109,448,740
Coefficient Of Variation128.10
Mean Deviation62,283,556
Median106,000,000
Standard Deviation95,830,598
Sample Variance9183.5T
Range330M
R-Value(0.38)
Mean Square Error8436.3T
R-Squared0.15
Significance0.16
Slope(8,215,357)
Total Sum of Squares128569T

O I Income Tax Expense History

2024-144.4 M
2023-152 M
2022178 M
2021167 M
202089 M
2019118 M

About O I Financial Statements

Investors use fundamental indicators, such as O I's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although O I's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Income Tax Expense-152 M-144.4 M

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Is Metal, Glass & Plastic Containers 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 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
(0.48)
Earnings Share
(2.73)
Revenue Per Share
42.97
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0336
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.