O I Interest Income vs Ebit Analysis

OI Stock  USD 12.93  0.08  0.62%   
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 Interest Income and its Ebit 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.

Interest Income vs Ebit

Interest Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of O I Glass Interest Income account and Ebit. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between O I's Interest Income and Ebit is -0.68. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Ebit 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 Interest Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of O I Glass are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Interest Income i.e., O I's Interest Income and Ebit go up and down completely randomly.

Correlation Coefficient

-0.68
Relationship DirectionNegative 
Relationship StrengthWeak

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.

Ebit

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 Enterprise Value Over EBITDA is estimated to increase to 11.92, while Selling General Administrative is projected to decrease to under 380.5 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.2B1.5B1.4B
Total Revenue6.4B6.9B7.1B6.6B

O I fundamental ratios Correlations

0.80.440.820.230.940.720.530.890.640.97-0.790.640.290.810.820.750.710.80.940.420.850.08-0.270.920.66
0.80.120.39-0.180.780.980.430.660.50.89-0.510.5-0.250.370.930.30.90.360.90.350.42-0.36-0.190.560.53
0.440.120.660.270.250.110.150.470.020.4-0.310.020.380.630.20.540.10.580.37-0.170.440.05-0.30.540.65
0.820.390.660.570.760.270.430.890.470.7-0.740.470.540.870.410.860.370.850.650.240.920.41-0.260.910.6
0.23-0.180.270.570.34-0.340.590.460.470.07-0.210.470.420.31-0.330.39-0.140.28-0.10.490.540.32-0.290.33-0.16
0.940.780.250.760.340.670.60.870.730.89-0.740.730.230.640.730.690.660.660.840.550.840.08-0.260.820.41
0.720.980.110.27-0.340.670.30.520.360.85-0.460.36-0.30.310.940.250.870.310.860.220.28-0.37-0.110.460.58
0.530.430.150.430.590.60.30.540.910.5-0.340.910.00.350.230.170.40.270.330.880.47-0.21-0.530.46-0.06
0.890.660.470.890.460.870.520.540.570.81-0.60.570.210.720.610.710.680.680.780.350.860.04-0.390.870.56
0.640.50.020.470.470.730.360.910.570.58-0.511.00.170.470.380.290.40.450.470.930.62-0.04-0.420.6-0.06
0.970.890.40.70.070.890.850.50.810.58-0.730.580.110.720.90.640.780.710.970.370.69-0.06-0.260.830.7
-0.79-0.51-0.31-0.74-0.21-0.74-0.46-0.34-0.6-0.51-0.73-0.51-0.53-0.78-0.58-0.68-0.38-0.78-0.71-0.35-0.75-0.52-0.13-0.78-0.56
0.640.50.020.470.470.730.360.910.571.00.58-0.510.170.470.380.290.40.450.470.930.62-0.04-0.420.6-0.06
0.29-0.250.380.540.420.23-0.30.00.210.170.11-0.530.170.6-0.060.55-0.280.650.120.120.630.710.250.50.14
0.810.370.630.870.310.640.310.350.720.470.72-0.780.470.60.520.830.340.970.70.220.830.41-0.30.950.69
0.820.930.20.41-0.330.730.940.230.610.380.9-0.580.38-0.060.520.420.840.510.960.190.47-0.23-0.120.650.67
0.750.30.540.860.390.690.250.170.710.290.64-0.680.290.550.830.420.230.890.620.060.820.53-0.270.820.61
0.710.90.10.37-0.140.660.870.40.680.40.78-0.380.4-0.280.340.840.230.280.810.290.41-0.42-0.250.540.5
0.80.360.580.850.280.660.310.270.680.450.71-0.780.450.650.970.510.890.280.690.190.840.49-0.240.930.64
0.940.90.370.65-0.10.840.860.330.780.470.97-0.710.470.120.70.960.620.810.690.230.68-0.07-0.180.820.74
0.420.35-0.170.240.490.550.220.880.350.930.37-0.350.930.120.220.190.060.290.190.230.44-0.1-0.290.34-0.28
0.850.420.440.920.540.840.280.470.860.620.69-0.750.620.630.830.470.820.410.840.680.440.38-0.230.920.42
0.08-0.360.050.410.320.08-0.37-0.210.04-0.04-0.06-0.52-0.040.710.41-0.230.53-0.420.49-0.07-0.10.380.370.280.08
-0.27-0.19-0.3-0.26-0.29-0.26-0.11-0.53-0.39-0.42-0.26-0.13-0.420.25-0.3-0.12-0.27-0.25-0.24-0.18-0.29-0.230.37-0.34-0.09
0.920.560.540.910.330.820.460.460.870.60.83-0.780.60.50.950.650.820.540.930.820.340.920.28-0.340.63
0.660.530.650.6-0.160.410.58-0.060.56-0.060.7-0.56-0.060.140.690.670.610.50.640.74-0.280.420.08-0.090.63
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O I Account Relationship Matchups

O I fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets9.6B8.9B8.8B9.1B9.7B9.4B
Short Long Term Debt Total5.6B5.1B4.8B4.7B5.2B4.9B
Other Current Liab595M689M471M871M504M615.3M
Total Current Liabilities2.0B1.9B1.8B2.4B2.3B1.9B
Total Stockholder Equity564M401M827M1.5B1.6B891.9M
Property Plant And Equipment Net3.3B2.9B2.8B3.0B3.8B3.1B
Net Debt5.0B4.6B4.1B3.9B4.3B4.5B
Retained Earnings(89M)152M301M885M782M821.1M
Accounts Payable1.3B1.1B1.2B1.4B1.4B902.4M
Cash551M563M725M773M913M958.7M
Non Current Assets Total7.1B6.6B6.3B6.5B6.8B7.1B
Non Currrent Assets Other672M551M575M609M391M371.5M
Cash And Short Term Investments551M563M725M773M913M958.7M
Net Receivables621M623M692M760M671M819.3M
Common Stock Shares Outstanding155.3M158.8M160.3M159.0M154.7M167.1M
Liabilities And Stockholders Equity9.6B8.9B8.8B9.1B9.7B9.4B
Non Current Liabilities Total7.1B6.6B6.2B5.2B5.6B6.2B
Inventory1.0B841M816M848M1.1B958.9M
Other Current Assets278M271M270M286M222M165.3M
Other Stockholder Equity2.5B2.4B2.4B2.4B2.4B2.6B
Total Liab9.0B8.5B8.0B7.5B7.9B8.1B
Property Plant And Equipment Gross3.5B3.0B6.9B7.1B8.3B8.7B
Total Current Assets2.5B2.3B2.5B2.6B2.9B2.4B
Accumulated Other Comprehensive Income(1.8B)(2.3B)(2.0B)(1.9B)(1.6B)(1.7B)
Short Term Debt160M124M61M54M315M272.7M
Intangible Assets371M325M286M262M296M281.2M
Good Will1.9B2.0B1.8B1.8B1.5B1.8B
Other Liab1.5B1.6B1.4B616M708.4M673.0M
Other Assets573M1.4B1.4B1.4B1.3B862.7M
Long Term Debt5.4B4.9B4.8B4.4B4.7B3.6B
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.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.