O I Glass Stock Return On Asset

OI Stock  USD 12.97  0.04  0.31%   
O I Glass fundamentals help investors to digest information that contributes to O I's financial success or failures. It also enables traders to predict the movement of O I Stock. The fundamental analysis module provides a way to measure O I's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to O I stock.
The O I's current Return On Assets is estimated to increase to -0.01.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

O I Glass Company Return On Asset Analysis

O I's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

 = 

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current O I Return On Asset

    
  0.0336  
Most of O I's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, O I Glass is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

O I Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for O I is extremely important. It helps to project a fair market value of O I Stock properly, considering its historical fundamentals such as Return On Asset. Since O I's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of O I's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of O I's interrelated accounts and indicators.
0.230.720.530.890.290.940.850.08-0.270.920.660.37-0.07-0.74-0.19-0.56-0.350.660.48-0.530.69-0.02-0.510.26-0.10.27-0.21
0.23-0.340.590.460.42-0.10.540.32-0.290.33-0.160.18-0.54-0.09-0.48-0.450.61-0.270.4-0.110.26-0.060.410.55-0.030.07-0.23
0.72-0.340.30.52-0.30.860.28-0.37-0.110.460.580.390.56-0.710.3-0.29-0.730.970.36-0.640.60.04-0.840.1-0.080.27-0.15
0.530.590.30.540.00.330.47-0.21-0.530.46-0.060.75-0.12-0.71-0.42-0.730.30.40.74-0.720.75-0.13-0.20.79-0.540.49-0.6
0.890.460.520.540.210.780.860.04-0.390.870.560.33-0.07-0.71-0.15-0.4-0.240.520.39-0.590.750.01-0.390.370.020.260.06
0.290.42-0.30.00.210.120.630.710.250.50.14-0.18-0.820.16-0.52-0.240.38-0.43-0.060.5-0.17-0.190.46-0.02-0.09-0.11-0.11
0.94-0.10.860.330.780.120.68-0.07-0.180.820.740.310.16-0.740.02-0.37-0.60.790.32-0.530.640.0-0.680.09-0.060.24-0.06
0.850.540.280.470.860.630.680.38-0.230.920.420.25-0.45-0.51-0.44-0.550.030.240.41-0.260.53-0.09-0.120.37-0.050.27-0.13
0.080.32-0.37-0.210.040.71-0.070.380.370.280.08-0.43-0.730.43-0.59-0.250.24-0.510.030.48-0.370.30.46-0.210.36-0.29-0.14
-0.27-0.29-0.11-0.53-0.390.25-0.18-0.230.37-0.34-0.09-0.320.090.480.310.27-0.07-0.2-0.330.55-0.43-0.090.23-0.260.21-0.270.15
0.920.330.460.460.870.50.820.920.28-0.340.630.24-0.38-0.63-0.44-0.49-0.190.380.34-0.380.570.04-0.30.19-0.140.2-0.12
0.66-0.160.58-0.060.560.140.740.420.08-0.090.63-0.280.03-0.270.070.08-0.750.42-0.19-0.180.140.35-0.43-0.450.17-0.380.3
0.370.180.390.750.33-0.180.310.25-0.43-0.320.24-0.280.2-0.8-0.05-0.540.260.520.66-0.620.83-0.58-0.370.73-0.530.79-0.49
-0.07-0.540.56-0.12-0.07-0.820.16-0.45-0.730.09-0.380.030.2-0.230.810.28-0.590.66-0.01-0.40.24-0.04-0.610.030.140.170.23
-0.74-0.09-0.71-0.71-0.710.16-0.74-0.510.430.48-0.63-0.27-0.8-0.230.020.430.2-0.77-0.510.8-0.940.310.66-0.510.46-0.630.22
-0.19-0.480.3-0.42-0.15-0.520.02-0.44-0.590.31-0.440.07-0.050.810.020.62-0.490.33-0.41-0.010.01-0.3-0.28-0.240.23-0.120.55
-0.56-0.45-0.29-0.73-0.4-0.24-0.37-0.55-0.250.27-0.490.08-0.540.280.430.62-0.29-0.33-0.930.42-0.48-0.030.14-0.620.19-0.480.86
-0.350.61-0.730.3-0.240.38-0.60.030.24-0.07-0.19-0.750.26-0.590.2-0.49-0.29-0.630.240.26-0.06-0.40.680.45-0.290.24-0.38
0.66-0.270.970.40.52-0.430.790.24-0.51-0.20.380.420.520.66-0.770.33-0.33-0.630.46-0.750.7-0.03-0.870.29-0.120.43-0.18
0.480.40.360.740.39-0.060.320.410.03-0.330.34-0.190.66-0.01-0.51-0.41-0.930.240.46-0.590.61-0.01-0.250.72-0.090.59-0.79
-0.53-0.11-0.64-0.72-0.590.5-0.53-0.260.480.55-0.38-0.18-0.62-0.40.8-0.010.420.26-0.75-0.59-0.83-0.080.61-0.550.28-0.470.25
0.690.260.60.750.75-0.170.640.53-0.37-0.430.570.140.830.24-0.940.01-0.48-0.060.70.61-0.83-0.35-0.530.64-0.310.65-0.21
-0.02-0.060.04-0.130.01-0.190.0-0.090.3-0.090.040.35-0.58-0.040.31-0.3-0.03-0.4-0.03-0.01-0.08-0.35-0.07-0.280.4-0.470.02
-0.510.41-0.84-0.2-0.390.46-0.68-0.120.460.23-0.3-0.43-0.37-0.610.66-0.280.140.68-0.87-0.250.61-0.53-0.07-0.110.15-0.470.05
0.260.550.10.790.37-0.020.090.37-0.21-0.260.19-0.450.730.03-0.51-0.24-0.620.450.290.72-0.550.64-0.28-0.11-0.390.73-0.46
-0.1-0.03-0.08-0.540.02-0.09-0.06-0.050.360.21-0.140.17-0.530.140.460.230.19-0.29-0.12-0.090.28-0.310.40.15-0.39-0.440.36
0.270.070.270.490.26-0.110.240.27-0.29-0.270.2-0.380.790.17-0.63-0.12-0.480.240.430.59-0.470.65-0.47-0.470.73-0.44-0.39
-0.21-0.23-0.15-0.60.06-0.11-0.06-0.13-0.140.15-0.120.3-0.490.230.220.550.86-0.38-0.18-0.790.25-0.210.020.05-0.460.36-0.39
Click cells to compare fundamentals
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Competition

O I Total Assets

Total Assets

9.44 Billion

As of now, O I's Total Assets are increasing as compared to previous years.
Based on the latest financial disclosure, O I Glass has a Return On Asset of 0.0336. This is 96.92% lower than that of the Containers & Packaging sector and 95.52% lower than that of the Materials industry. The return on asset for all United States stocks is 124.0% lower than that of the firm.

O I Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses O I's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of O I could also be used in its relative valuation, which is a method of valuing O I by comparing valuation metrics of similar companies.
O I is currently under evaluation in return on asset category among its peers.

O I ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, O I's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to O I's managers, analysts, and investors.
Environmental
Governance
Social

O I Fundamentals

About O I Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze O I Glass's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of O I using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of O I Glass based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

Check out O I Piotroski F Score and O I Altman Z Score analysis.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.