O I Intangible Assets vs Accumulated Depreciation Analysis

OI Stock  USD 11.57  0.13  1.11%   
O I financial indicator trend analysis is much more than just breaking down O I Glass prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether O I Glass is a good investment. Please check the relationship between O I Intangible Assets and its Accumulated Depreciation accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.

Intangible Assets vs Accumulated Depreciation

Intangible Assets vs Accumulated Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of O I Glass Intangible Assets account and Accumulated Depreciation. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between O I's Intangible Assets and Accumulated Depreciation is -0.07. Overlapping area represents the amount of variation of Intangible Assets that can explain the historical movement of Accumulated Depreciation in the same time period over historical financial statements of O I Glass, assuming nothing else is changed. The correlation between historical values of O I's Intangible Assets and Accumulated Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Intangible Assets of O I Glass are associated (or correlated) with its Accumulated Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accumulated Depreciation has no effect on the direction of Intangible Assets i.e., O I's Intangible Assets and Accumulated Depreciation go up and down completely randomly.

Correlation Coefficient

-0.07
Relationship DirectionNegative 
Relationship StrengthInsignificant

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for O I Glass fixed asset that has been charged to O I expense since that asset was acquired and made available for O I use. The accumulated depreciation account is O I Glass asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by O I Glass.
Most indicators from O I's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into O I Glass 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 O I Glass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
As of now, O I's Discontinued Operations is increasing as compared to previous years. The O I's current Tax Provision is estimated to increase to about 134.4 M, while Selling General Administrative is projected to decrease to under 379.8 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.2B1.5B1.0B1.0B
Total Revenue6.9B7.1B6.5B6.6B

O I fundamental ratios Correlations

0.950.30.930.530.980.93-0.260.510.161.00.31-0.460.130.260.330.30.340.970.99-0.430.32-0.60.070.270.6
0.950.170.810.340.940.99-0.220.470.170.970.33-0.43-0.110.120.470.150.50.880.97-0.390.19-0.730.070.180.58
0.30.170.510.350.270.160.210.520.170.29-0.250.040.380.640.210.590.120.270.27-0.110.50.0-0.310.570.59
0.930.810.510.690.920.77-0.10.650.280.910.1-0.30.350.490.260.530.250.910.89-0.320.54-0.35-0.020.470.62
0.530.340.350.690.580.260.260.470.40.470.15-0.020.370.23-0.290.34-0.10.540.40.090.45-0.16-0.160.230.06
0.980.940.270.920.580.91-0.130.590.30.970.22-0.330.130.260.370.360.390.910.96-0.290.41-0.580.030.320.52
0.930.990.160.770.260.91-0.290.410.080.960.34-0.49-0.150.090.480.130.50.860.96-0.460.12-0.730.110.140.61
-0.26-0.220.21-0.10.26-0.13-0.290.550.78-0.27-0.480.89-0.070.290.180.170.41-0.42-0.310.880.480.11-0.550.46-0.18
0.510.470.520.650.470.590.410.550.780.49-0.450.450.20.710.610.710.680.330.470.340.86-0.08-0.390.870.51
0.160.170.170.280.40.30.080.780.780.13-0.40.730.040.360.320.330.520.00.120.730.71-0.05-0.420.62-0.08
1.00.970.290.910.470.970.96-0.270.490.130.32-0.480.060.220.370.270.380.951.0-0.460.26-0.650.070.240.62
0.310.33-0.250.10.150.220.34-0.48-0.45-0.40.32-0.69-0.38-0.64-0.45-0.56-0.30.430.3-0.54-0.64-0.7-0.01-0.69-0.22
-0.46-0.430.04-0.3-0.02-0.33-0.490.890.450.73-0.48-0.690.070.360.270.240.33-0.62-0.490.940.530.41-0.430.53-0.25
0.13-0.110.380.350.370.13-0.15-0.070.20.040.06-0.380.070.61-0.040.54-0.280.190.070.030.610.50.260.470.2
0.260.120.640.490.230.260.090.290.710.360.22-0.640.360.610.520.830.340.180.240.160.820.35-0.290.930.67
0.330.470.210.26-0.290.370.480.180.610.320.37-0.450.27-0.040.520.420.830.130.410.130.46-0.17-0.110.630.65
0.30.150.590.530.340.360.130.170.710.330.27-0.560.240.540.830.420.230.230.260.060.820.38-0.270.820.55
0.340.50.120.25-0.10.390.50.410.680.520.38-0.30.33-0.280.340.830.230.120.390.290.41-0.34-0.250.540.45
0.970.880.270.910.540.910.86-0.420.330.00.950.43-0.620.190.180.130.230.120.95-0.580.19-0.560.120.140.53
0.990.970.270.890.40.960.96-0.310.470.121.00.3-0.490.070.240.410.260.390.95-0.470.27-0.630.090.250.64
-0.43-0.39-0.11-0.320.09-0.29-0.460.880.340.73-0.46-0.540.940.030.160.130.060.29-0.58-0.470.430.28-0.320.34-0.4
0.320.190.50.540.450.410.120.480.860.710.26-0.640.530.610.820.460.820.410.190.270.430.28-0.230.920.36
-0.6-0.730.0-0.35-0.16-0.58-0.730.11-0.08-0.05-0.65-0.70.410.50.35-0.170.38-0.34-0.56-0.630.280.280.160.27-0.16
0.070.07-0.31-0.02-0.160.030.11-0.55-0.39-0.420.07-0.01-0.430.26-0.29-0.11-0.27-0.250.120.09-0.32-0.230.16-0.34-0.03
0.270.180.570.470.230.320.140.460.870.620.24-0.690.530.470.930.630.820.540.140.250.340.920.27-0.340.55
0.60.580.590.620.060.520.61-0.180.51-0.080.62-0.22-0.250.20.670.650.550.450.530.64-0.40.36-0.16-0.030.55
Click cells to compare fundamentals

O I Account Relationship Matchups

O I fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.9B8.8B9.1B9.7B462M438.9M
Short Long Term Debt Total5.1B4.8B4.7B5.2B600M570M
Other Current Liab689M471M871M571M656.7M617.6M
Total Current Liabilities1.9B1.8B2.4B2.3B600M570M
Total Stockholder Equity401M827M1.5B1.6B252M239.4M
Property Plant And Equipment Net2.9B2.8B3.0B3.8B462M438.9M
Net Debt4.6B4.1B3.9B4.3B600M570M
Retained Earnings152M301M885M782M676M709.8M
Accounts Payable1.1B1.2B1.4B1.4B1.1B912.8M
Cash563M725M773M913M734M416.2M
Non Current Assets Total6.6B6.3B6.5B6.8B462M438.9M
Non Currrent Assets Other551M575M609M391M189M179.6M
Cash And Short Term Investments563M725M773M913M1.0B1.1B
Net Receivables623M692M760M671M572M813.7M
Common Stock Shares Outstanding158.8M160.3M159.0M154.7M154.6M167.2M
Liabilities And Stockholders Equity8.9B8.8B9.1B9.7B462M438.9M
Non Current Liabilities Total6.6B6.2B5.2B5.6B5.3B6.2B
Inventory841M816M848M1.1B963M961.8M
Other Current Assets271M270M286M222M209M167.2M
Other Stockholder Equity2.4B2.4B2.4B2.4B252M239.4M
Total Liab8.5B8.0B7.5B7.9B210M199.5M
Property Plant And Equipment Gross3.0B6.9B7.1B8.3B8.0B8.4B
Total Current Assets2.3B2.5B2.6B2.9B2.5B2.4B
Accumulated Other Comprehensive Income(2.3B)(2.0B)(1.9B)(1.6B)(1.4B)(1.5B)
Intangible Assets325M286M262M296M235M223.3M
Good Will2.0B1.8B1.8B1.5B1.3B1.8B
Other Liab1.5B1.6B1.4B616M708.4M673.0M
Other Assets573M1.4B1.4B1.4B1.3B862.7M
Long Term Debt4.9B4.8B4.4B4.7B4.6B3.6B
Treasury Stock(705M)(733M)(714M)(701M)(630.9M)(662.4M)
Property Plant Equipment3.3B2.9B2.8B3.0B2.7B2.4B
Net Tangible Assets(1.8B)(1.5B)(1.3B)(658M)(592.2M)(621.8M)
Noncontrolling Interest In Consolidated Entity97M104M107M111M99.9M100.6M
Retained Earnings Total Equity(89M)152M301M885M1.0B1.1B
Long Term Debt Total5.4B4.9B4.8B4.4B5.0B4.8B

Currently Active Assets on Macroaxis

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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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
(0.69)
Revenue Per Share
42.258
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0364
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.