Owens Retained Earnings vs Long Term Investments Analysis

OC Stock

USD 202.77 5.19 2.63%

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 Retained Earnings and its Long Term Investments 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 closely tied 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.

Retained Earnings vs Long Term Investments

Retained Earnings vs Long Term Investments Correlation Analysis

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

The correlation between Owens Corning's Retained Earnings and Long Term Investments is -0.77. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Investments 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 Retained Earnings and Long Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Owens Corning are associated (or correlated) with its Long Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Investments has no effect on the direction of Retained Earnings i.e., Owens Corning's Retained Earnings and Long Term Investments go up and down completely randomly.

Correlation Coefficient

-0.77

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Long Term Investments

Long Term Investments is an item on the asset side of Owens Corning balance sheet that represents investments Owens Corning intends to hold for over a year. Owens Corning long term investments may include different instruments such as stocks, bonds, real estate and cash.

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 closely tied 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	0.11	0.8	0.85	0.98	0.47	0.67	0.42	0.96	0.19	0.42	0.91	0.53	0.78	0.95	0.02	0.18	0.82	0.63	0.07	0.74	0.95	0.75	-0.8	-0.8
Short Long Term Debt Total	0.82		0.13	0.77	0.48	0.85	0.66	0.55	0.38	0.74	-0.06	0.38	0.86	0.1	0.73	0.83	-0.23	-0.13	0.79	0.52	0.03	0.83	0.89	0.57	-0.37	-0.36
Other Current Liab	0.11	0.13		0.48	0.11	-0.01	-0.34	0.43	0.58	-0.08	0.46	0.58	0.29	-0.3	0.22	0.24	0.22	-0.51	0.36	0.56	0.36	0.49	0.0	-0.23	0.03	0.03
Total Current Liabilities	0.8	0.77	0.48		0.63	0.74	0.08	0.84	0.78	0.62	0.4	0.78	0.9	-0.01	0.67	0.83	-0.1	-0.39	0.85	0.84	0.46	0.95	0.69	0.37	-0.42	-0.42
Total Stockholder Equity	0.85	0.48	0.11	0.63		0.79	0.22	0.77	0.51	0.86	0.55	0.51	0.67	0.61	0.81	0.75	0.08	0.21	0.77	0.72	0.29	0.49	0.76	0.71	-0.92	-0.92
Property Plant And Equipment Net	0.98	0.85	-0.01	0.74	0.79		0.56	0.58	0.33	0.97	0.07	0.33	0.91	0.55	0.76	0.91	-0.05	0.25	0.77	0.54	-0.04	0.7	0.98	0.75	-0.78	-0.77
Net Debt	0.47	0.66	-0.34	0.08	0.22	0.56		-0.02	-0.32	0.59	-0.5	-0.32	0.34	0.34	0.45	0.45	-0.23	0.38	0.32	-0.12	-0.5	0.21	0.69	0.69	-0.28	-0.28
Retained Earnings	0.67	0.55	0.43	0.84	0.77	0.58	-0.02		0.9	0.54	0.72	0.9	0.67	-0.04	0.81	0.63	-0.17	-0.46	0.91	0.96	0.7	0.76	0.57	0.38	-0.47	-0.48
Cash	0.42	0.38	0.58	0.78	0.51	0.33	-0.32	0.9		0.22	0.81	1.0	0.54	-0.3	0.63	0.41	-0.1	-0.68	0.78	0.95	0.83	0.7	0.3	-0.03	-0.2	-0.21
Non Current Assets Total	0.96	0.74	-0.08	0.62	0.86	0.97	0.59	0.54	0.22		0.09	0.22	0.79	0.69	0.75	0.88	0.0	0.4	0.71	0.47	-0.08	0.56	0.95	0.87	-0.87	-0.87
Non Currrent Assets Other	0.19	-0.06	0.46	0.4	0.55	0.07	-0.5	0.72	0.81	0.09		0.81	0.14	-0.07	0.48	0.16	0.12	-0.4	0.52	0.78	0.81	0.24	0.04	-0.06	-0.32	-0.32
Cash And Short Term Investments	0.42	0.38	0.58	0.78	0.51	0.33	-0.32	0.9	1.0	0.22	0.81		0.54	-0.3	0.63	0.41	-0.1	-0.68	0.78	0.95	0.83	0.7	0.3	-0.03	-0.2	-0.21
Net Receivables	0.91	0.86	0.29	0.9	0.67	0.91	0.34	0.67	0.54	0.79	0.14	0.54		0.27	0.69	0.87	-0.08	-0.06	0.81	0.68	0.14	0.88	0.87	0.5	-0.58	-0.58
Common Stock Shares Outstanding	0.53	0.1	-0.3	-0.01	0.61	0.55	0.34	-0.04	-0.3	0.69	-0.07	-0.3	0.27		0.24	0.41	0.34	0.9	0.09	-0.06	-0.44	-0.13	0.5	0.61	-0.86	-0.86
Non Current Liabilities Total	0.78	0.73	0.22	0.67	0.81	0.76	0.45	0.81	0.63	0.75	0.48	0.63	0.69	0.24		0.73	-0.11	-0.12	0.95	0.79	0.31	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	0.16	0.41	0.87	0.41	0.73		0.13	0.09	0.79	0.63	0.02	0.8	0.89	0.7	-0.68	-0.68
Other Current Assets	0.02	-0.23	0.22	-0.1	0.08	-0.05	-0.23	-0.17	-0.1	0.0	0.12	-0.1	-0.08	0.34	-0.11	0.13		0.32	-0.14	0.01	-0.2	-0.19	-0.12	-0.12	-0.23	-0.22
Other Stockholder Equity	0.18	-0.13	-0.51	-0.39	0.21	0.25	0.38	-0.46	-0.68	0.4	-0.4	-0.68	-0.06	0.9	-0.12	0.09	0.32		-0.3	-0.48	-0.71	-0.45	0.22	0.42	-0.55	-0.55
Total Liab	0.82	0.79	0.36	0.85	0.77	0.77	0.32	0.91	0.78	0.71	0.52	0.78	0.81	0.09	0.95	0.79	-0.14	-0.3		0.9	0.44	0.84	0.81	0.5	-0.55	-0.55
Total Current Assets	0.63	0.52	0.56	0.84	0.72	0.54	-0.12	0.96	0.95	0.47	0.78	0.95	0.68	-0.06	0.79	0.63	0.01	-0.48	0.9		0.69	0.77	0.52	0.21	-0.45	-0.45
Short Term Debt	0.07	0.03	0.36	0.46	0.29	-0.04	-0.5	0.7	0.83	-0.08	0.81	0.83	0.14	-0.44	0.31	0.02	-0.2	-0.71	0.44	0.69		0.31	-0.07	-0.16	0.04	0.02
Accounts Payable	0.74	0.83	0.49	0.95	0.49	0.7	0.21	0.76	0.7	0.56	0.24	0.7	0.88	-0.13	0.67	0.8	-0.19	-0.45	0.84	0.77	0.31		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	0.04	0.3	0.87	0.5	0.82	0.89	-0.12	0.22	0.81	0.52	-0.07	0.7		0.78	-0.73	-0.72
Good Will	0.75	0.57	-0.23	0.37	0.71	0.75	0.69	0.38	-0.03	0.87	-0.06	-0.03	0.5	0.61	0.57	0.7	-0.12	0.42	0.5	0.21	-0.16	0.34	0.78		-0.71	-0.71
Common Stock	-0.8	-0.37	0.03	-0.42	-0.92	-0.78	-0.28	-0.47	-0.2	-0.87	-0.32	-0.2	-0.58	-0.86	-0.63	-0.68	-0.23	-0.55	-0.55	-0.45	0.04	-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	-0.32	-0.21	-0.58	-0.86	-0.63	-0.68	-0.22	-0.55	-0.55	-0.45	0.02	-0.28	-0.72	-0.71	1.0

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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	430M	409M	571M	462M	486.8M
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	313M	482.6M
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	162M	117M	112.8M
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	74M	123M	80M	555M	582.8M
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
Current Deferred Revenue	(25M)	172M	197M	16M	315M	330.8M
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

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How To Invest In Owens

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Is Owens Stock a good investment?

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What is Owens Corning's Net Worth?

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Largest Building Products 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 closely tied 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.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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.

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Owens Retained Earnings vs Long Term Investments Analysis

Retained Earnings vs Long Term Investments

Retained Earnings vs Long Term Investments Correlation Analysis

Correlation Coefficient

Retained Earnings

Long Term Investments

Owens Corning fundamental ratios Correlations

Owens Corning Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Owens Corning fundamental ratios Accounts

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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